Reliance money - 500/year

[ssmistry]

Yes, I have migrated from ICICI to RMoney just because of brokerage and have been using it from last 4 months.... So far I haven't experienced major problems ... but yes, I remember, two times, I missed chance to buy/sell shares at optimum prices because of some problems at RMoney server. My Orders couldn't get sent to exchange

But overall I believe it is a good choice for Investors who do transactions in Cash/Delivery segment. I didn't try any of their trading segments like Margin and F&O.

Exposure is, I guess trading limit in Margin Segment, They are giving 5 times exposure on amount available in ur trading a/c ... ICICIDirect's MarginPLUS gives 25 times exposure .. This is just FYI ...

 

[muralimr]

Could you please let me know about banks supported by Reliance Money.

 

[neo]

Could you please let me know about banks supported by Reliance Money.

They are only supporting UTI bank at present..

 

[vishnuindian]

Could you please let me know about banks supported by Reliance Money.

Reliance is supporting

UTI
IBDI
HDFC


I want to know Can we change from one savings account to another after registering initially ? ?

Can any one help regarding this issue

Thanks in advance

 

[ssmistry]

Yes, its possible to change bank ... You need to call their call center and then submit ur bank's details like a/c number,name and MICR code with RMoney office in ur city

 

[ranj_2k]

Dear Mr Mistry,

I also use R Money since months and do not find any problem. But there is a problem of getting contract notes. They do not give physical contract note. How do you get printout of contract notes. Their email size is also restricted to 10 MB. They do not send contract notes on other email id.

Thanks

 

[vishnuindian]

Yes, its possible to change bank ... You need to call their call center and then submit ur bank's details like a/c number,name and MICR code with RMoney office in ur city

Thank you for the information sir and and how much time they will tkae to activate the nw bank account.. !

 

[srini78]

Hi all

is this 500 offer still there ?

in readers digest ,there is a coupon valid till aug 31 for getting this offer of 500 Rs

i think it was intro offer ......

pls give details ,if u all know abt this

cheers

 

[sattimes]

yeah it is still there.

Account opening chargers is 750/-

If u work for any indian company listed at BSE/NSE. above charge is waived off.

Bye the way, never think of trading FnO in RMoney. restrict only to delivery.

though ICICIDirect charges more, this known danger is better than unknown one.

happy swing trading(cash) with RMoney


Regards
Satish

 

[omkarmango]

Anybody have a snapshot of the software screen "InstaTrade" ? The company website do not have demo of it. If somebody have it please post.

Omkar