Posted on Tuesday, January 27, 2015
Modified on Sunday, October 30, 2016
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RKSV, the India based discount broker offers share, commodity and currency derivatives trading services at BSE, NSE and MCX.
Unlike most discount brokers in India, RKSV also offers 'Demat Account' to its customers. In other words, RKSV have in-house DP which offers services to electronically store the shares and securities owned by the investors.
|Annual Maintenance charges (AMC)||Rs 0|
|Transaction charges (Market/Off Market / Inter-depository Transactions)||Rs 8 + depository charges at actual|
|Pledge Charges Creation / Closure and Confirmation of both||0.02% of transaction charges subject to a minimum of Rs 50 + NSDL/CDSL charges at actual|
|Pledge Charges for Invocation||0.05% of transaction charges subject to a minimum of Rs 50|
|Dematerialization Charges||Rs 2 per certificate + courier charges of Rs 35 per demat request for every 500 grams.|
|Rematerialization Charges||Rs 25 per certificate or 0.05% of the value whichever is higher|
|SLB Charges||For Securities Borrowings: Rs 25 + NSDL/CDSL charges at actual|
For Securities Lending: Rs 25 + NSDL/CDSL charges at actual
|Repurchase / Redemption Charges||Rs 25 per transaction + Depository charges at actual|
|Failed or Rejected Transactions||Rs 50 per transaction|
|Demat Rejection Charges||Rs 35 per rejection for every 500 grams|
|Adhoc / Non periodic statement requests||Adhoc statement requests - Rs 25 (Rs 500 for foreign address) per request up-to 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs 10 + courier / postage charges.|
|eMail Statement||Free periodic bills, transaction statement and other communication through email.|
|Cheque Bounce charges||Charges applied based on charges as determined by our bankers|
The fee structures for different Demat scenarios:
As of Dec 2015, RKSV no more offer this facility.
Know more about RKSV Trading Account, Charges, Review and more...
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Rs 899 Unlimited Equity
Rs 499 Unlimited Curr
or Rs 15 per Trade
Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty
Flat Rs 20 Per Trade
Free Equity Delivery Trades
Rs 100 off on account opening* + 100% brokerage refund if in 60 days you have made net profits
(* on online account opening)