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RKSV Stock Trading, Demat, Brokerage and Reviews 2016


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Open an Online Trading Account with RKSV. Leave your contact info and we will get in touch with you.

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 350 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 4000 switch-over brokerage credit + Rs 0 account opening fees (Rs 250 waived). Get the offer.

RKSV Rating (by the customers)

55 Votes

Overall Rating Rated 4.3 stars 4.3/5
Fees Rated 4.3 stars 4.3/5
Brokerage Rated 4.5 stars 4.5/5
Usability Rated 3.7 stars 3.7/5
Customer Service Rated 4.2 stars 4.2/5

Do you trade with RKSV? Rate RKSV

RKSV's Trading Platforms

1. 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

2. Call & Trade

Call & Trade service is also available by RKSV but at an extra charge of Rs 20 per trade.

Account Types

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

  • Rs 20/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.

Special offer for Chittorgarh.com Visitors

Rs 4000 Brokerage Credit + Rs 0 Acct Opening Fee

Switch over to RKSV from your current broker and avail the Rs 4000 brokerage credit. Send a contract note from your existing broker to RKSV and RKSV will automatically credit you with Rs. 4000 of brokerage for free that you can utilize at any point in time. Request a callback today.

Open online stock trading account with RKSV for FREE. This is a limited time offer. Pay Rs Zero Account Opening Fees and try the cheapest discount stock broker in India. Simply leave your contact information with us and RKSV representatives will contact you.

RKSV Brokerage Charges 2016

  • Trading Account Opening Charges (One Time): Rs 350 (Rs 250 if self printed)
  • Demat account Opening Charges (One Time): Rs 210
  • Trading Annual maintenance charges (AMC): NIL
  • Demat Account Annual Maintenance Charges (AMC): Rs 350 Per Year

Trading Brokerages

Standard Plan

  • Equity Delivery Based Trades: Rs 0 (Free Unlimited Equity Delivery Trades)
  • Equity Intraday Trades: 0.01% or Rs 20 per executed order (whichever is lower)
  • Equity Future: 0.01% or Rs 20 per executed order (whichever is lower)
  • Equity Options: 0.01% or Rs 20 per executed order (whichever is lower) (on Turnover)
  • Currency Futures and Options: 0.01% or Rs 20 per executed order (whichever is lower)
  • Commodity Futures: 0.01% or Rs 20 per executed order (whichever is lower)

RKSV Brokerage Charges in Detail

RKSV ChargesEQUITY DeliveryEQUITY Intraday
BrokerageRs 00.01% or Rs 20/Trade whichever is lower
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 Tax14.5% on Brokerage + Transaction Charge14.5% on Brokerage + Transaction Charge
SEBI Charges20 Rs/Crore20 Rs/Crore
Stamp Duty (Maharashtra)Rs 200/CroreRs 1000/Crore
RKSV ChargesFuturesOptions
Brokerage0.01% or Rs 20/Trade whichever is lowerRs 20/trade
STT0.017% on Sell Side0.017% on Sell Side(on Premium)
Transaction ChargesRs 190/croreRs 5000/crore on premium turnover
Clearing ChargesRs 20/croreRs 500/crore
Service Tax14.5% on Brokerage + Transaction Charge14.5% on Brokerage + Transaction Charge
SEBI Charges20 Rs/Crore20 Rs/Crore
Stamp Duty (Maharashtra)Rs 200/CroreRs 200/Crore
RKSV ChargesCurrency FuturesCurrency Options
Brokerage0.01% or Rs 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 Tax14.5% on Brokerage + Transaction Charge14.5% on Brokerage + Transaction Charge
SEBI Charges20 Rs/Crore20 Rs/Crore
Stamp Duty (Maharashtra)Rs 200/CroreRs 200/Crore
RKSV ChargesCommodity Futures
Brokerage0.01% or Rs 20/Trade whichever is lower
CTT0.01% only on the sell side
Transaction ChargesRs 210/crore
Clearing ChargesRs 50/crore
Service Tax14.5% on Brokerage + Transaction Charge
SEBI ChargesRs 0
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 300 to be paid upfront at the time of account opening for the first year and FREE thereafter.
Transaction charges (Market/Off Market / Inter-depository Transactions)Rs 0 + 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:

How to open account with RKSV Securities Ltd?

Opening account with RKSV is simple and easy.

Contact RKSV / Request Call Back

Name:Phone
EmailCity
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Are you a day trader?

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 doesn't provide facility to invest in IPO, FPO, Mutual Funds and Offer For Sale (OFS).
  2. 3-in-1 accounts are not available as RKSV doesn't provide banking services.
  3. 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.
  4. 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.
  5. Good Till Cancelled (GTC) and Good Till Date/Time (GTD) Orders are not available in Equity Segment.
  6. Margin Funding is not available. You can trade only when you have enough money in your trading account.
  7. Margin Against Shares is not available in equity cash segment.
  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 9,124 3
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

  • Contact RKSV for trading & demat account.
  • Corporate Office: 212, Trade Centre, BKC, Bandra (E),
    Mumbai - 400 051
  • Branch Office: 807, New Delhi House, Barakhamba Road,
    New Delhi - 110 001

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'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.

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 2014)
  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.

RKSV Securities Ltd Reviews

avatar
176. prashant digamber kolhe  Feb 13, 2016 11:28:17 PM IST Reply
f@o margins provided by rksv is very good

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Customer Service - Excellent
Overall Experience - Excellent
avatar
175. Praveen  Feb 7, 2016 8:36:55 PM IST Reply
Hey Guys,

You guys do have a very competitive offering,I decided to go with you guys over Zerodha.Now i am afraid i''ll be regretting this.I have submitted all my forms properly.It''s been over 2 months(more than 3 weeks from the point i got confirmation,every thing is completed from my end).But, still my account is not opened. Everytime, I call your customer care i get some false promise.I think commitments have to be stuck to.Otherwise, they don''t have any value.It''s frustrating to come back again and again.This is the fourth time i''ve been given some deadline, i don''t know what''s the difficulty in opening a new account. 231942 is my account id.Commodity, FNO is open only cash and demat are pending.Kindly assist.
avatar
175.1. RKSV  Feb 11, 2016 8:59:22 AM IST
Hey Praveen,

Extremely sorry for the late reply. Your account is now opened in all the segments. Do let us know if you need any other assistance from our side.
avatar
175.2. Praveen  Feb 12, 2016 8:19:55 PM IST
Thanks,The account is open now
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174. rizwan  Jan 30, 2016 2:59:24 PM IST Reply
best in customer service, even better than kotak sec.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Customer Service - Excellent
Overall Experience - Excellent
avatar
174.1. RKSV  Feb 1, 2016 4:57:25 PM IST
HI Rizwan,

Thank you for your wonderful comments. We will definitely strive towards keeping our customers more happy.
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173. Renukumar  Jan 23, 2016 11:55:05 PM IST Reply
I am looking to open account with you. I would like to get 4000 brokerage credit and transfer existing holdings to rksv. also would like to fill the application online. call my father at 9440781133
avatar
173.1. RKSV  Jan 28, 2016 8:40:03 AM IST
We will definitely offer Rs. 4000 brokerage credit if you come through Chittorgarh. We confirmed with our team you did get a call. Please let us know if we can assist you further.
avatar
172. rahul  Jan 22, 2016 5:52:32 PM IST Reply
I was looking for RKSV,but above comments are all about delay in opening demat account
avatar
172.1. RKSV  Jan 28, 2016 8:43:11 AM IST
We are sorry to see that you came across all comments related to delay in account opening. Due to server issue, there was delay in opening few accounts and that is the reason for such comments. We assure you that the issue is now resolved.
avatar
171. faby  Jan 19, 2016 12:50:07 AM IST Reply
Are you still offering Rs.4000 brokerage credit for switching from other brokers to RKSV ?
avatar
171.1. RKSV  Jan 19, 2016 5:01:22 PM IST
Hi Faby,

We will surely offer you Rs. 4,000 of Brokerage credit if you come through Chittorgarh website.
avatar
170. SHARAD  Jan 15, 2016 12:37:33 PM IST Reply
RKSV IS THE NO 1

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
avatar
170.1. RKSV  Jan 19, 2016 5:01:50 PM IST
We are so glad to see such wonderful review. At RKSV, customer''s happiness is the most valuable aspect. We assure you that your experience will stay the same always.
avatar
169. Chandrakanta palai  Jan 14, 2016 3:24:56 PM IST Reply
My trading account opened on 28.12.15. But Demat account is not opened yet. So I can''t start trading yet. Client id.120413. Customer executive told me that it will take maximum10 days. But still not opened yet. Very bad experience. Contact me at 7389606600/9109105231.
avatar
169.1. RKSV  Jan 15, 2016 11:08:12 AM IST
Dear Mr. Palai,

We are sorry to delay opening your account. As per our latest confirmation, we have already opened your account. Kindly check all the details and let us know and do let us know in case you need further calls from our side on any queries.
avatar
169.2. Chandrakanta palai  Jan 15, 2016 1:31:20 PM IST
Yes, I got mail about Demat account opening. & linked with trading account. But I didn''t get Demat account no. And also please call me and give a clear understanding about your mobile software so that I can start trading. Do you provide bracket order in option trading?
avatar
168. PRITAM  Jan 14, 2016 2:37:56 AM IST Reply
Do you provide share as margin facility?
avatar
168.1. RKSV  Jan 15, 2016 11:09:52 AM IST
Dear Mr. Pritam,

We will start this facility within a month. We will intimate you via email and a SMS.
avatar
167. SAMA PARVIN  Jan 13, 2016 5:06:14 PM IST Reply
I am Sama PARVIN , Rksv customer id-283883,

My kind request don''t go for RKSV, in My personal Experience 13-01-2016 I traded Reliance Power with 3k shares without my knowledges they squared off...I lost 14k ..really very pain ... Today I given Account closure request..

Very bad service don''t Go

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
167.1. RAHAMATHULLAH  Jan 13, 2016 11:51:11 PM IST
Yes Very Poor Service...

don''t go for RKSV.. Worst customer care team.. they will never Respond you..

SWITCH to SAS ONLINE .. SUPERB CUSTOMER SERVICE..
avatar
167.2. RKSV  Jan 15, 2016 11:12:11 AM IST
Dear Mr. Pravin,

We are extremely sorry that we had to square off your positions. But as per your talks with our RMS head, we had to square off your positions since you had breached 80% of your MTM limit. This was the reason we had to square off the positions. Can we assist you with anything more?
avatar
166. Sama PARVIN  Jan 13, 2016 5:02:20 PM IST Reply
I am Sama PARVIN , Rksv customer id-283883,

My kind request don''t go for RKSV, in My personal Experience 13-01-2016 I traded Reliance Power with 3k shares without my knowledges they squared off...I lost 14k ..really very pain ... Today I given Account closure request..

Very bad service don''t Go with Rksv
avatar
165. Mohammad Amin  Jan 13, 2016 3:51:34 PM IST Reply
Demat account was pending since 28 days(name mohammad amin) i call your several times your executive they told me open in this week '' in this day but actually did not.If u did not open my demat acc. with in 2 or 3 days i say bye bye rksv and i go to other brokage firm
avatar
165.1. RKSV  Jan 15, 2016 12:18:10 PM IST
Dear Mr. Amin,

We are sorry to learn of the delay in your demat account opening. Please share your contact number or email ID which is registered with us. We will have someone get back to you with the exact status.
avatar
164. Aswin  Jan 8, 2016 3:01:54 PM IST Reply
Trading and demat account opening was pending for the last 25 days(Name : aswin r)
I think I have to look for another broker who offers account opening in 3 days
avatar
164.1. RKSV  Jan 11, 2016 9:22:23 AM IST
Dear Mr. Ashwin,

Extremely sorry for the delay. This is something unusual. But we will make sure that your account is opened by today EOD.
avatar
163. Prasad Parab  Jan 7, 2016 11:33:23 PM IST Reply
Currency candle not showing proper in software
avatar
163.1. RKSV  Jan 11, 2016 9:30:55 AM IST
Dear Mr. Parab,

Could you please share your contact number so that we can have our tech team call you and help you with the Currency Candle.
avatar
162. MOHD AMIN  Jan 4, 2016 9:47:46 PM IST Reply
Bad decision i choose rksv to open demat +trading account since long time they did not open my account about 20 days go.
other brokerage firms open acc.within 2 or 3 days.Poor service un happy with rksv
avatar
162.1. RKSV  Jan 5, 2016 10:58:35 AM IST
Dear Mr. Amin,

We are extremely sorry to hear that your account is not opened since so many days. Can you give us your details submitted with us like your phone number, email ID? We can check the same and get back to you as soon as possible.
avatar
162.2. Mohammad Amin  Jan 13, 2016 3:03:42 PM IST
My mobile number is 9622747365
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161. Chandrakanta Palai  Dec 29, 2015 6:07:07 PM IST Reply
I got my user id and password today. But Demat account not open yet. How long time it will take. And what is the annual maintenance charge of rksv Demat account.
avatar
161.1. RKSV  Jan 5, 2016 10:56:03 AM IST
We are sorry to learn that your demat account is not yet opened. We will have our officer call you and update on the same. As far as demat AMC is concerned, you would be happy to know that RKSV does not charge any AMC for demat account if your demat account is opened before 15/01/2016. If not, there is an one time AMC of Rs.300 for first year.
avatar
160. Chandrakanta palai  Dec 27, 2015 9:46:12 AM IST Reply
I have a Demat account in axis bank. So can I linked it to RKSV trading account. Though I already sent application form for both trading and Demat account with RKSV. And I am little bit concerned about your mobile application after reading some comments. Please clear my doubts about your mobile application whether it is working smoothly during trading.
avatar
160.1. RKSV  Dec 28, 2015 1:38:33 PM IST
HI Mr. Palai,

Yes, you can surely link your Axis bank demat account with us. But in that case you won''t be able to sell your stocks through RKSV and you will end up paying more Brokerage over there. So, it is advisable to open demat with us for easy operations but still it would be your call. We would also suggest you to try our mobile trading app and decide for your self. In fact we have received a lot of good reviews for our mobile app which is running very smoothly. You can once open your account, try the app and say it does not work for you which is very unlikely, then you can still place orders on our NEST software which we are already providing to lot of our clients.
avatar
159. Chandrakanta palai  Dec 27, 2015 9:14:38 AM IST Reply
I checked sebi website. In the "list of qualified DPs" and in "List of designated DPs" you are not listed. Then how you can open Demat account?
avatar
159.1. RKSV  Dec 28, 2015 1:41:11 PM IST
Dear Mr. Palai,

We are unsure about the link and the website you checked. But you can be rest assured on that part that we are a SEBI registered firm. You can go through this link LinkExternal Link and check about the status of our registration.
avatar
158. raghu  Dec 19, 2015 6:52:27 PM IST Reply
i like fees but customer service is not good


Ratings:

Brokerage - Average
Account Maintenance Fees - Above Average
Website Usability - Very Poor
Customer Service - Below Average
Overall Experience - Average
avatar
158.1. RKSV  Dec 22, 2015 6:05:32 AM IST
Hi Raghu,

I''m sorry to hear about the customer service. Could you please elaborate on your experience with our customer service team? We''d like to resolve any issue(s) you endured.

You can reply here or you may send us an email at Email

Thanks,
Raghu (Co-Founder)
avatar
157. Prasanna  Dec 18, 2015 12:28:36 PM IST Reply
Are you still offering Rs.4000 brokerage credit for switching from other brokers to RKSV ?
If yes, what is the last date upto which this offer will continue ?
avatar
157.1. RKSV  Dec 22, 2015 6:06:39 AM IST
Hi Prasanna,

Yes- it will continue through the end of the year, exclusively through Chittogarh :) So take advantage of it now!

Thanks,
RKSV

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