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RKSV Stock Trading, Demat, Brokerage and Reviews 2016


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RKSV is Mumbai, India based popular discount broker offering budget brokerage plans to India stock & commodity market investors. RKSV is well known for its flat Rs 20 per trade irrespective to the size of the trade across trade segments including Equities, Futures, Options, Currencies, and Commodities.

Being a discount broker; RKSV's brokerage structure is simple and easy. They offer different plans to suit your requirement.

RKSV transaction charges are very competitive with other discount brokers in India. They charge transaction or turnover charges at Rs 325 per crore for equity, Rs 210 per crore for futures and Rs 5500 per crore for options (on premium).

Like other online stock trading companies, RKSV provides trading services to buy & sell stocks, futures & options online. RKSV Commodities provides trading services to buy & sell commodities online.

Special Offer: Rs 2000 Brokerage credit (when you switch from another broker) for limited time. Get the offer.

RKSV Rating (by the customers)

67 Votes

Overall Rating Rated 4.0 stars 4.0/5
Fees Rated 4.3 stars 4.3/5
Brokerage Rated 4.4 stars 4.4/5
Usability Rated 3.6 stars 3.6/5
Customer Service Rated 4.0 stars 4.0/5

Do you trade with RKSV? Rate RKSV

Information about RKSV account opening, RKSV open account, RKSV opening charges, RKSV account opening charges, RKSV account opening status, RKSV amc charges, RKSV account charges, RKSV account closure

RKSV's Trading Platforms

1. Upstox

Upstox Logo

Upstox is the mobile and website based trading platform. Upstox makes it easy to place orders through mobile phones and web browser. It offers online trading, analysis, charting and many more rich trading features.

Upstox offers brokerage free trading in Equity Delivery segment. Trading in Equity F&O, Equity Indra-day, Commodities and Currency Derivatives is available through Upstox Pro for flat Rs 20 per trade.

2. NEST

RKSV offers trading using the NEST, the trading platform build by Omnisys and used by most brokers in India. NEST Trading Platform include installable trading terminal, website based trading and mobile trading facility; available for free to all its customers. RKSV do not charge any software uses fee.

Customer can use below ways to trade with RKSV using NEST:

  1. Trading Terminal; The downloadable NEST Trading Platform EXE (Only for Windows OS)
  2. Website based NEST Online trading
  3. NEST Mobile for Android OS

Find info about RKSV platform, RKSV trading platform, RKSV trading software, RKSV trading demo, RKSV Demo, RKSV download, RKSV software download, RKSV software, RKSV stop loss, RKSV trading and RKSV trading account.

Account Types

RKSV offers discount brokerage plans to suit most investors / traders requirement.

  • Rs 20 per trade

    This plan allow you to trade any number of shares at a flat rate of Rs 20 per executed order. The Rs 20 brokerage is applicable on trades in all segments including Cash (Equities), Futures, Options, Currency Futures and Options, and MCX Futures. You pay flat Rs 20 even if one order has 10 lots on Options. There is no monthly commitments. Also customers get intraday leverage of 20x on Equities, 4x on NSE F&O, 4x on BSE/NSE Currency F&O and 3x on MCX Commodity Futures.

    Note that a service tax of 14% (Rs. 2.80) is applied to the Rs. 20 per order traded charge. This totals to Rs. 22.80 per trade.

RKSV Special Offers

Special Rs 2000 Brokerage Credit [Switchover Bonus]

Switch over to RKSV from your current broker in order to avail the Rs 2000 brokerage credit. You just need to open a free account with RKSV and submit a contract note from your existing broker to get the credit. Simply leave your contact information with us and RKSV representatives will call you. Hurry up! offer ends soon.

RKSV Brokerage Charges 2016

  • Trading Account Opening Charges (One Time): Nil
  • Trading Annual maintenance charges (AMC): Nil
  • Demat account Opening Charges (One Time): Nil
  • Demat Account Annual Maintenance Charges (AMC): Nil

Trading Brokerages

Standard Plan

  • Equity Delivery Based Trades: Rs 0 (Free Unlimited Equity Delivery Trades)
  • Equity Intraday Trades: Rs 20 per executed order
  • Equity Future: Rs 20 per executed order
  • Equity Options: Rs 20 per executed order (on Turnover)
  • Currency Futures and Options: Rs 20 per executed order (whichever is lower)
  • Commodity Futures: Rs 20 per executed order (whichever is lower)

RKSV Brokerage Charges in Detail

RKSV ChargesEQUITY DeliveryEQUITY Intraday
BrokerageRs 0Rs 20/Trade
STT0.1% on both Buy and Sell0.025% on the Sell Side
Transaction ChargesRs 325/croreRs 325/crore
Clearing ChargesRs 0/croreRs 0/crore
Service Tax15% on (Brokerage + Transaction Charge)15% on (Brokerage + Transaction Charge)
SEBI Charges20 Rs/Crore20 Rs/Crore
Stamp Duty (Maharashtra)Rs 200/CroreRs 1000/Crore
RKSV ChargesFuturesOptions
BrokerageRs 20/TradeRs 20/trade
STT0.017% on Sell Side0.05% on Sell Side(on Premium)
Transaction ChargesRs 190/croreRs 5000/crore on premium turnover
Clearing ChargesRs 20/croreRs 500/crore
Service Tax15% on (Brokerage + Transaction Charge)15% on (Brokerage + Transaction Charge)
SEBI Charges20 Rs/Crore20 Rs/Crore
Stamp Duty (Maharashtra)Rs 200/CroreRs 200/Crore
RKSV ChargesCurrency FuturesCurrency Options
BrokerageRs 20/Trade whichever is lowerRs 20/trade
STTNo STTNo STT
Transaction ChargesRs 110/croreRs 4000/crore on premium turnover
Clearing ChargesRs 40/croreRs 2000/crore
Service Tax15% on (Brokerage + Transaction Charge)15% on (Brokerage + Transaction Charge)
SEBI Charges20 Rs/Crore20 Rs/Crore
Stamp Duty (Maharashtra)Rs 200/CroreRs 200/Crore
RKSV ChargesCommodity Futures
BrokerageRs 20/Trade whichever is lower
CTT0.01% only on the sell side
Transaction ChargesRs 210/crore
Clearing ChargesRs 50/crore
Service Tax15% on (Brokerage + Transaction Charge)
SEBI Charges20 Rs/Crore
Stamp Duty (Maharashtra)Rs 200/Crore

RKSV Charge Structure Explanation:

  • STT: This is charged only on the sell side for intraday and F&O trades. It is charged on both sides for Delivery trades in Equity.
  • Stamp Duty: Charges based on the state the customer is located in.
  • Service Tax: This is charged at 14.5% of the total cost of brokerage plus transaction charges.
  • SEBI Turnover Fees: This is charged at Rs 20 per Crore.
  • Transaction Charges: This is charged at Rs 325/crore for Equity, Rs 190/crore for Futures, Rs 5000/crore on premium for options.
  • Clearing Charges: This is charged at Rs 20/crore for Futures, Rs 500/crore on premium for options.

Other Charges (RKSV Broker Hidden Charges / Fees):

  1. Call and Trade feature is available at an extra cost of Rs 20/- per order.
  2. Digital contract notes are available free of charge. Physical contract notes are available at Rs 25 per contract note plus courier charges.
  3. Instant Transfer: For Commodities trading, transferring funds into your commodities trading account is a simple process. Instant fund transfer in NEST is available. RKSV supports instant bank transfers for over 20 banks. You can use the NEST trading platform (EXE) to instantly transfer funds from your bank account to your trading account and have it reflect on your margin immediately. There is a Rs 7 transfer fee charged for instant transfers. A daily limit of 2 lakhs is applied on instant fund transfer.
  4. They do not charge any fees for depositing money for trading. For money withdrawals, RBI charges fees based on the amount you want to transfer
    Using NEFT:
    • For transactions up to Rs 1 lakh - not exceeding Rs 5 (+ Service Tax)
    • For transactions above Rs 1 lakh and up to Rs 2 lakhs - not exceeding Rs 15 (+ Service Tax)
    • For transactions above Rs 2 lakhs - not exceeding Rs 25 (+ Service Tax)

    Using RTGS (RBI Circular):
    • Rs 2 lakh to Rs 5 lakh - not exceeding Rs 30 per transaction.
    • Above Rs 5 lakh - not exceeding Rs 55 per transaction.

RKSV Demat Account Charges

The RKSV charges for demat account transitions are as below:

Demat TransactionsDemat Charges
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 both0.02% of transaction charges subject to a minimum of Rs 50 + NSDL/CDSL charges at actual
Pledge Charges for Invocation0.05% of transaction charges subject to a minimum of Rs 50
Dematerialization ChargesRs 2 per certificate + courier charges of Rs 35 per demat request for every 500 grams.
Rematerialization ChargesRs 25 per certificate or 0.05% of the value whichever is higher
SLB ChargesFor Securities Borrowings: Rs 25 + NSDL/CDSL charges at actual
For Securities Lending: Rs 25 + NSDL/CDSL charges at actual
Repurchase / Redemption ChargesRs 25 per transaction + Depository charges at actual
Failed or Rejected TransactionsRs 50 per transaction
Demat Rejection ChargesRs 35 per rejection for every 500 grams
Adhoc / Non periodic statement requestsAdhoc statement requests - Rs 25 (Rs 500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs 10 + courier / postage charges.
E-Mail StatementFree periodic bills, transaction statement and other communication through email.
Cheque Bounce chargesCharges applied based on charges as determined by our bankers

Useful Articles:

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How to open account with RKSV Securities Ltd?

Opening account with RKSV is simple and easy.

Get information about RKSV broker, RKSV branches, RKSV sub broker, RKSV support, RKSV customer care, RKSV user reviews, RKSV user manual, RKSV website, RKSV review and RKSV toll free number

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RKSV Pros and Cons

RKSV Advantages

  1. Unlike most discount brokers, RKSV has their own demat services. RKSV's charges are among cheapest demat charges in India.
  2. RKSV's transaction or turnover charges are among the one of the lowest in the discount brokerage industry.
  3. RKSV offers 10% referral credit to its customers. Simply refer a friend and 10% of brokerage paid by your friend is credited to you.
  4. RKSV has an online helpdesk and ticketing system. Customer can track the responses on your quries on real time basis. This is unique and very useful feature provided by RKSV.
  5. RKSV offers Cover Orders.
  6. RKSV allows bracket orders with a trailing stop loss. Bracket orders are available across all segments including futures and options.
  7. RKSV is introducing a unique TPIN system(Telephonic PIN) to authenticate all Call and Trade transactions This will reduce the time to authenticate customers by phone and also provides increased security and transparency to the user.
  8. RKSV have branch offices in Delhi and Mumbai.
  9. Good Till Cancelled (GTC) and Good Till Date/Time (GTD) Orders are available in commodities trading segment.

RKSV Disadvantages

  1. RKSV does Prop Trading which increases the risk for the broker and thus the money customer keep with them. Proprietary trading are the trades done by the broker to make a profit for itself. In most cases part of it is done with the customer margin money with the broker.
  2. RKSV doesn't provide facility to invest in IPO, FPO, Mutual Funds and Offer For Sale (OFS).
  3. 3-in-1 accounts are not available as RKSV doesn't provide banking services.
  4. Unlike most 3-in-1 accounts provider, RKSV Back Office is not integrated with its trading platform. It's a separate website and most data in the back office gets updated overnight. This is the same case with almost all discount brokers.
  5. BTST/ATST (Buy Today / Sell Tomorrow or Acquire Today / Sell Tomorrow) facility is not available with RKSV. Through BTST; you can buy stock today and sell it tomorrow before you get the delivery of the shares.
  6. Good Till Cancelled (GTC) and Good Till Date/Time (GTD) Orders are not available in Equity Segment.
  7. Margin Funding is not available. You can trade only when you have enough money in your trading account.
  8. Trading clients are not available for operating system Mac and Linux.
  9. Call & Trade is available at additional Rs 20 per executed order.

RKSV Complaints received at BSE / NSE:

Number of customer complained against RKSV Securities Ltd share broker. The RKSV Securities Ltd consumer complaints provide the summary of grievance which went to exchange for resolution.

RKSV Securities Ltd consumer complaints
Exchange Financial Year Number of Clients * Total Complaints **
NSE 2015-16 10,622 10
NSE 2014-15 7,372 4
BSE 2013-14 340 1
NSE 2013-14 4,631 1

* Number of active clients the broker or trading member has. As per SEBI guidelines each broker reports the newly added clients to the exchange though unique client code (ucc) process. The informaiton on this page is provided by the exchange.

** The total number of complaint received against the broker at the given exchange.

Useful links about RKSV

Enquiry Form

RKSV Margin / Exposures on Equity Trading

BSE and NSE CashNSE FuturesNSE OptionsNSE Currency F&OMCX Commodities
Margin 20 Times 4 Times 4 Times 4 Times 3 Times

RKSV - Margin Against Shares (MAS)

You can leverage shares in your demat account to obtain margin funding to make additional trades. This margin can be used for taking intra-day and overnight positions across segments.

    Note:
  • A 25% haircut is applied while calculating collateral margin over holdings (10% for LIQUIDBEES).
  • Cash to collateral ratio will be maintained at 50:50. This means that in order to trade with collateral margin, at least the equivalent amount in cash must be available in your account, failing to which orders will be rejected.
  • MAS will be allowed on all instruments except Equity delivery and Options (buy side trades).
  • Rs 50 per scrip will be charged toward placing a pledged or un-pledged request.
  • You must have a demat account with RKSV in order to avail MAS.

RKSV's Membership Information

  1. RKSV NSE Membership:
    • Capital Market (CM) - INB231394231
    • Future & Options (F&O) - INF231394231
    • Currency Derivatives (CDS) - INE231394231
  2. RKSV BSE Membership:
    • Capital Market (CM) - INB011394237
    • Future & Options (F&O) - INF011394237
  3. RKSV MCX Membership:
    • Member Code - 46510
    • FMC Regn. No. - MCX: MCX/TM/CORP/2034
  4. CDSL: IN-DP-CDSL-00283831
  5. NSDL: IN-DP-NSDL-11497282

RKSV Milestones (History of RKSV)

Journey of RKSV, The Discount Broker
Timeline Event
2009 RKSV obtained membership of NSE, BSE and MCX.
2009 - 2011 RKSV ran a proprietary trading desk.
Jan 2012 RKSV started offering lost cost brokerage plan for equity and F&O trading.
Jan 2012 RKSV launched Flat Monthly Plans:
  • The Freedom Plan - Flat Rs 1947 per month for unlimited equity, futures and options trading at NSE/BSE.
  • The Currency 999 Plan - Flat Rs 999 per month for unlimited currency derivatives trading at NSE.
  • The Commodity 1947 Plan - Flat Rs 1947 per month for unlimited commodity trading at MCX.
Jan 2013 RKSV started offering Dream Plan - Flat Rs 25 per executed order for equity/futures and options/commodity/currency trading at NSE/BSE/MCX.
Mar 2014 RKSV Freedom Plans have been eliminated and replaced with Pro and Ultimate Plans. RKSV launched new plans:
  • The Pro Plan: Flat Rs 3999 per month for unlimited trading on Cash (Equities), Futures and Options segments, Rs 1999 per month for unlimited trading on NSE Currency Futures and Options segments and Rs 2999 per month for unlimited trading on MCX Commodity Futures segments.
  • The Ultimate Plan - Flat Rs 9999 per month for unlimited trades across all NSE Cash, BSE Cash, NSE Futures, NSE Options, NSE Currency Futures, NSE Currency Options, and MCX Futures.
Mar 2014 Dream Plan of Rs 25 per order is reduced to Rs 20 per order. 5 free trades every month is introduced.
Jan 2016 RKSV scrapping all old plans and introduce flat Rs 20 per trade standard plan.
Jan 2016 RKSV reached 20,000 customers. RKSV's daily turnover reached Rs 6000 Cr.
Feb 2016 RKSV raised Rs $4 million (24 Cr) in its Series A round of funding from Kalaari Capital.
May 2016 RKSV begin accepting Shares as Collateral (Margin Against Shares).

Reasons why one should open an account with RKSV:

  1. RKSV customers do over Rs 5000 Crores of trading turnover daily. RKSV routinely processes over 1.5% of India's exchange turnover. (As of Feb 2016)
  2. They have over 20,000 customers all across India. (As of Dec 2016)
  3. RKSV offers Free Delivery Trading. No brokerage fee for equity delivery trades.
  4. RKSV offers flat 20 rs per trade.
  5. RKSV offers free Demat account along with the trading account.
  6. RKSV offers powerful technology and trading tools to help you make the right trading decision. Trade on desktop, mobile or web.
  7. RKSV have full trading memberships on the NSE, BSE and MCX.
  8. RKSV offers margin against shares.

RKSV Securities Ltd Reviews

avatar
219. Nitin  Nov 24, 2016 4:57:29 PM IST Reply
I am interested in opening RKSV demat account ? Is there any offers for the new customers ?

avatar
219.1. RKSV  Dec 2, 2016 11:36:52 AM IST
Hi Nitin,

Sorry for the late reply :) We are not charging any account opening fees and no charges for Demat too and no AMC. Since, you have registered your self through this website we offer you Rs. 2000 of Brokerage credit in case you are able to give us the lastest contract note of your Broker. The validity of 2,000 Brokerage credit will be until 6 months of your date of account opening.
avatar
218. Anuradha  Nov 22, 2016 5:42:33 PM IST Reply
Upstox is not yet launched but receiving spam text (sms) since more than 6 months. It is a 6 years old company but still does not have its own trading software.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Average
Website Usability - Very Poor
Customer Service - Below Average
Overall Experience - Very Poor
avatar
218.1. RKSV  Dec 2, 2016 11:38:52 AM IST
Hi Anuradha,

Extremely sorry for this experience. We have launched our web version and we are making improvements in the same. Do you need a demo of the software which will help you in trading? Please let us know your client code and we will have our representative help you with your Demo.
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217. Dr Maajed Jehangeer  Nov 15, 2016 7:45:51 PM IST Reply
slow interface especially at peak times... customer service needs improvement. Long wait after calling. I asked them to teach me how to trade currency... they didn''t bother :(

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Excellent
Website Usability - Average
Customer Service - Average
Overall Experience - Above Average
avatar
217.1. RKSV  Nov 16, 2016 5:34:26 PM IST
Hi Mr. Jehangeer,

Sorry for the unpleasant experience. We will have our tech team call you and help you with your query on trading. Once again sorry for the trouble.
avatar
216. Kinjal popat  Nov 8, 2016 12:03:27 AM IST Reply
Best

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
avatar
216.1. RKSV  Nov 8, 2016 4:32:30 PM IST
Hi Kinjal,

These really motivates us and we will try to live up to your expectations :)
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215. sanjay  Nov 4, 2016 9:05:21 PM IST Reply
rksv giving bad services and credit brokage is fake
avatar
215.1. RKSV  Nov 8, 2016 4:31:34 PM IST
Hi Sanjay,

Can you please help us with details or the ticket number you sent. So, we can have some one call you accordingly.
avatar
214. Puneet singh  Nov 2, 2016 9:44:06 AM IST Reply
Very poor service by rksv.
They do not reply mail on same day.
Very cheap and poor service by rksv.
Now I m changing my broker.


Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
214.1. RKSV  Nov 8, 2016 4:30:22 PM IST
Hi Puneet,

Sorry to hear about your experience. Can you help us with your ticket number so that we can have some one call you right away and help you with your queries.
avatar
213. Anand  Oct 6, 2016 11:46:29 AM IST Reply
Customer service is very poor. If you lodge a complaint they will take minimum 1 week or more & for that also you have to take followup from them. My F&O service is not activated yet and i am calling them from 1 day of my account activation and still i am struggling for it to get activate.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Very Poor
Overall Experience - Average
avatar
213.1. RKSV  Oct 7, 2016 2:13:16 PM IST
Hi Anand,

It''s very bad to see such type of comment from your side. If we have not replied you inspite of so many follow ups, its completely bad from our side. Can you please give me your ticket number so I can look into it and have our team reply and take action on the same?
avatar
212. S A Rahim  Oct 3, 2016 10:17:04 PM IST Reply
Dear Sir,
After viewing Your reply No. 207.1 and 211.1, I think RKSV offer lifetime free demat account ,no AMC. But I am shocking when I registering & filling online account opening forms and download for hard copy, There was page No. 18 ,Schedule A , Under Tariff Structure head ,Demat account AMC Rs 300 per annum,Please say I am opening RKSV demat account or not.
avatar
212.1. Shri  Oct 5, 2016 3:30:38 PM IST
Well, they are running a scheme for Oct. by offering lifetime AMC free accounts but have you noticed charges applicable to withdraw funds from trading account? If you are an active trader then those charges could easily overcome AMC charges applied by their competitor Zerodha i.e. rs.300/-
avatar
212.2. RKSV  Oct 7, 2016 2:05:59 PM IST
Hey Rahim,

Since this is a promotion, we are not charging the same. You can strike the rate and counter sign it. Rest assured we are not charging any account opening or AMC :) Do let me know if you need further clarifications.
avatar
211. S A Rahim  Sep 29, 2016 9:19:39 PM IST Reply
Knowing from other sources that RKSV gives a promotional offer as follows
1) Life time free demat account no AMC forever
2) lifetime AMC for Trading account
3) Submit other broker’s contact note credit Rs 2000 in newly open account
Is it true? So I am interest,reply please.
avatar
211.1. RKSV  Sep 30, 2016 9:40:31 AM IST
Hi Mr. Rahim,

Yes, each and every point is correct. For the last point, you need to submit the contract note today itself. Since this is a last day of the promotion. Never mind you can give us your details and we will have some one call you and help you with it.
avatar
211.2. S A RAHIM  Oct 1, 2016 9:00:55 PM IST
But this webside shows rkvs demat account AMC Rs.300 for 1st. year +Rs. 300 per annum.Please clarify
avatar
210. Prakash  Sep 25, 2016 10:49:53 PM IST Reply
I would like to open a trading account. Could you pls tell me about pledge creation, closure, invocation. As I understand shares can be pledged for margin. Is it payable on daily basis ? Is it pledged and unpledged the same day ?
avatar
210.1. RKSV  Sep 29, 2016 10:08:34 AM IST
Pledge and Unpledge would take 1day each. Thus a pledge request given on any day, the benefit of Collateral would be from T+1 day and similarly for Unpledge it would take T+1 days.
Our clearing member requires T+1 days for each of the process. Give us your contact number so we can call you on the same.
avatar
209. tushar  Sep 20, 2016 9:19:26 PM IST Reply
can you explain 20x leverage for intra day trading?
means can I buy shares of rs20000 if my account balance is 1000
avatar
209.1. RKSV  Sep 23, 2016 5:25:08 PM IST
Hi Tushar,

You you can buy shares worth 20k in your example in cover and bracket order which gets squared off before the market close. Let us know your contact details, we will have some one call you and help you with all the details.
avatar
208. Mahendra  Sep 8, 2016 10:43:15 PM IST Reply
I am Trading with RKSV for last two years my experience is very good ...in this two year time i hardly need to talk 4 to 5 times to customer care as there was no issue at all ....new upstox beta version is excellent ..after all profit making talent is in yours ...a good broker contribution in ur trading success is only 10%...recently my brother also opened account with rksv
avatar
208.1. RKSV  Sep 9, 2016 1:23:31 PM IST
Mr. Mahendra,

Thank you very much. Such words always motivates us a lot and we will keep striving hard to provide you better customer service.
avatar
207. Sekhar  Sep 6, 2016 3:49:43 PM IST Reply
I am interested in opening RKSV demat account ? Is there any offers for the new customers ?

Curious to join.
avatar
207.1. RKSV  Sep 6, 2016 5:42:13 PM IST
Hi Sekhar,

We do not charge any demat account opening or AMC charges. You can avail this offer right now. Please give us your contact number so we can have our team help you with all the details.
avatar
206. Imran Shaikh  Aug 31, 2016 3:13:35 AM IST Reply
Hi,
Wanted to know if, RKSV good for short and long term investments?

Thank You.
avatar
206.1. RKSV  Sep 6, 2016 5:40:34 PM IST
Hi Imran,

We literally do not charge any Brokerage for long term investments. For short term investments we charge Rs. 1 paise or Rs. 20 per order executed. Could you provide your details so that we can have our team get back to you with the details of all the plans we offer?
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205. Sudip Sahoo  Aug 26, 2016 6:16:51 PM IST Reply
I want to open trading account in RKSV. I have one trading account in Indiabulls. I want to shift over. Plz guide me.
avatar
205.1. RKSV  Sep 6, 2016 5:48:09 PM IST
Hi Sudip,

Sure, could you help us with your contact number? So that we can have some one call you and help you with the details.
avatar
204. Rakesh Motwani  Aug 21, 2016 12:29:33 AM IST Reply
I have been approaching RKSV since 15 days just to open the NRI account.
There are several chain mails regarding ticket issued and some one will contact but there is no progress as such .
I just wonder if a company in such query where it is in benefit of them is taking too long time to service then what would happen at later stage once account is opened and customer is in need of service.
May be RKSV is good for resident indians but I am sure it has poor and very limited service for its NRI customers.
avatar
204.1. RKSV  Sep 7, 2016 10:47:18 AM IST
Hi Rakesh,

Extremely sorry for the bad experience. Can you give us a specific time and we can have some one call you today and help you with the queries.
avatar
203. aaw  Aug 12, 2016 2:12:18 AM IST Reply
hi...
what are u pay-in & pay-out charges and time frame.
also, how ipo can be applied.
if i open account with rksv and i link my bank called "ABC" for fund tranfer and tradin etc.
but for IPO can i apply through ban called "XYZ" and not the ABC linked.
and still if units alloted will it deposit in my rksv demat.
Also, while opnenng and after opening new account what is the Role of Mobile No. given to you. what will be it use and how and for what purpose.
thnx...
avatar
203.1. RKSV  Sep 7, 2016 10:59:34 AM IST
Hi,

The pay in charges are Rs. 7 if you have one of the 25 banks linked with us. There are no payout charges from our side. We do not allow IPO from our software right now. You can open a demat account with us and have your shares come in our demat and trade through our system. The mobile number given by you will receive the SMS of the trades placed by you. You can also trade on your mobile on our software which is very easy to use. Can you please give us your details so that we can have our team call you and help you with all the queries you have?
avatar
202. vijay  Jul 30, 2016 9:49:19 AM IST Reply
hi want to open account with you but why do you need 20 pages of form for account when sebi has saral aof only two page form for account opening i want to trade only in cash segment so can you decrease the amount of your pages and signature
avatar
202.1. RKSV  Sep 7, 2016 11:05:20 AM IST
Hi Vijay,

We are sure there would not be only 2 pages for opening a demat account. In case you want to trade in only equities segment, we would also require you to open a trading account with us for which you will need to do some documentation. The best way to fill our documents is go through our online account opening process where you will not take more than 5 mins to fill out the form and take a print and sign the pages. We would request you to give us your contact number so we can get in touch with you and explain you the process. If you are located in the city where our relationship officers are present then we can send some one and have the forms collected too.
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201. Maulik  Jul 29, 2016 4:33:36 PM IST Reply
I am trading with RKSV since 2 years .

It has very good App & Very nice Services.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
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201.1. RKSV  Sep 6, 2016 11:38:08 AM IST
Hi Maulik,

It is very good to see such encouraging ratings. We would strive to live upto the expectations.
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200. Mohit  Jul 19, 2016 3:16:20 PM IST Reply
Poor mobile and web application.

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Very Poor
Customer Service - Above Average
Overall Experience - Below Average
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200.1. RKSV  Jul 28, 2016 10:39:22 AM IST
Hi Mohit, we are sorry to know that our Mobile & Web application is not up to your expectations. About your feedback, we would love to hear more from you because we are sure that with the help of your suggestions we can improve our products. So do not hesitate to write to us at Email or call us at 6130-9999 with your detailed feedback. We will look forward to hear from you soon.

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