what is the way in which i can get my existing demat a/c transferred to reliance money
Reliance Money is offering highly competitive brokerage fees with the option for ?fixed flat fee structure?.
Reliance Money, promoted by Anil Dhirubhai Ambani Group firm Reliance Capital, would offer the brokerage services across 700 cities including Delhi and Mumbai through 3,000 outlets.
Reliance Money consumers can trade in equities, commodities and offshore investments, IPOs, mutual funds, insurance and money transfer
Brokerage fee structure:
Delivery trades ? 0.05%
Non- delivery trades ? 0.005%
Fixed brokerage fee:
Rs. 500 for delivery trades up to 10 lakh
Rs. 500 for non-delivery trades up to 1 crore.
Pre-paid coupon brokerage charges:
Rs. 500 coupon is valid for 2 months.
Rs. 1300 coupon is valid for 6 months.
Rs. 2500 coupon is valid for 1 year
Reliance money website:
It is one of the best designed financial web sites in India. It will catch visitors? attention with its neat interface, quality content, fast loading and research information. Content is divided into 3 sections ? Beginners, Intermediate ones and Experts.
Highlight: Morning News letter from reliance Money is a must read for every investor.
Reliance money is giving a tough competition to other brokerage houses like ICICI Direct and Sharekhan, India Bulls etc. If you want to enter in to online trading, opt for Reliance Money.
what is the way in which i can get my existing demat a/c transferred to reliance money
it is looking very flat from it's surface, but in deep there is trouble.
it is only for cororpatty not for the small and home investor because paying Rs 500/- for two months is two months is very high for those investor I mentioned.
Brokerage 0.5 and 0.005 is normal trend even it is less in other broker firms and anil ambani is not charging Svc.tax,STT but is he really paing this tax to GOVT it is not known. so if it is claim by govt from the client afterward what will happen.
So calculate very very carefully and be a member of reliance money'
samach
i think anybody must check the fact before saying anythink.
i m using reliancemoney and they offer 4 brokrage plan presently and 500/- for 2 month is one of them, also they have plan of Rs. 500/- for one year where u will get turnover of 5 lakh delivery based and nil for non-delivery based, one more think service charges are on brokrage fee and as u do not pay brokrage per trade so S/C is nill however STT is additional and investor pay it. one more think when u will get contract note everythink is written on it and investor isnot liable if anythink is wrong in it, it is responsibility of broker not investor, there is 50/- maint charge per annum of deemet account.
Sir,
Kindly Inform Shall I Buy Or Sell Rpl Now ..............? I Hold 1200bought At 72
REliance money charge Rs. 12/ per stock selling on delivery based trading and money will deduct on monthly basis mentioning DP charges of CDSL and investor know only after one month when money has deducted , charges nowhere mentioned earlier.
useful info.
Reliance Money Demat Account Charges:
Annual Services Charges - For Individuals / HUFs / Trust Rs. 50/-
Annual Services Charges - For NRIs / Foreign Nationals, Corporates / Others Rs. 1000/-
Transaction Charges - SELL (Market & Off Market)
For instructions given in physical form. Rs. 25/-
Transaction Charges - SELL (Market & Off Market)
For instructions received through Internet/ online trading through Reliance Securities Ltd. Rs. 12/-
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