Reliance Securities Demat Account Opening Charges and Details
A Reliance Capital Limited Company is the financial services division of the Reliance Anil Dhirubhai Ambani (ADA) group. The Reliance ADA group is one of the three business houses in India. It has a wide range of presence across the various segments. The major interest of the group revolves from communications and financial services to the generation, transmission and the distribution of power, infrastructure and entertainment.
Reliance Securities is the web-based investment portal. This website enables its customers to make investments and manage most of the services that are provided by the Reliance Securities including Equity (Stock Trading), Commodity Trading, Derivatives, Mutual Fund Investment, IPO Investment, Life Insurances, General Insurances, Money Transfer, Currency Derivatives, Gold Coins and Credit Card Services. Recently, the firm has entered into providing the Wealth Management Services with various tools such as investment in equity-linked portfolio management services, structured products, insurance and mutual funds.
Reliance Securities allows trading in NSE, BSE&MCX-SX, NCDEX, NMCE.
Reliance Securities Demat Account
Reliance Securities avails its customers with an all-in-one account facility. The company provides the facility of opening a demat account with the full-service broker. Reliance Securities demat account holds the shares or securities in an electronic form. The dematerialised account is commonly known as a demat account. In order to do any transaction in the stock exchange an investor must have a demat account. The investor can simply open a demat account with the help of the broker. The demat account makes the trading, investing, etc. way smoother and faster.
Documents Necessary to open a demat account with Reliance Securities
A certain set of documents is required to open a demat account with Reliance Securities. The documents are as follows:
5. Upload all the scanned copies of the documents.
6. Complete the IPV process i.e. In-Person verification process.
In some time, the customer will receive their demat account no. and client Id on the registered mail address.
Reliance Securities Demat Account Opening Charge
Particulars
Charges (Rs.)
Annual Maintenance Charges (AMC) levied on monthly basis
Individual / HUFs/ Trust
400/- p.a.
NRI / Foreign Nationals
Nil
Corporate / Non-Individuals
1000/- p.a.
Lifetime Free AMC
2500*
Transaction Charges
SELL (Market & Off Market) For instruction given in physical form
0.04 % of transaction value or Minimum of Rs. 27/- per ISIN
For instructions received through Internet/ online trading /Easiest charges through Reliance Securities Ltd.
0.04 % of transaction value or Minimum of Rs. 27/- per ISIN
Basic Services Demat Account (BSDA)
Holding value at any date up to Rs. 50,000/-
Nil
Holding value at any date between Rs. 50,001/- to Rs. 200,000/-
100/- p.a.
Holding value in Debt segment at any date is not greater than Rs. 1,00,000/-
Nil
Holding value in Debt segment at any date between Rs. 1,00,001/- to Rs. 200,000/-
100/- p.a.
*Lifetime free DP AMC:
Pay refundable deposit amount of Rs 2,500/- to avail existing AMC debit balance waiver in demat account along with no monthly DP AMC charges for lifetime.
Note: Lifetime Free DP AMC: It is a pay refundable deposit amount of ₹2500/- to provide the existing AMC debit balance waiver in the demat account along with no monthly DP AMC charges for lifetime.
Benefits of Opening a demat account
1. The full-service broker allows the customers to open their demat account for completely free.
2. It provides great customer assistance.
3. This broker helps the customers to trade easily.
4. It provides various trading platforms to its customers to make trading smoother and fluent.
Pay-in refers to adding the funds via cheque, IMPS, NEFT or RTGS, UPI, Net banking from the Reliance Smart money Platform.
Pay-out refers to withdrawal of funds via bank transfer only.
Yes, reliance Securities offers online IPO applications to its customers. IPO offers an early opportunity to buy the shares of companies that are not previously traded publicly.
You will find the carried forward positions under the positions tab and the same will be further uploaded under NSE exchange, as NSE is our clearing corporation to settle the trades executed in both the NSE and BSE.
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