FREE Account Opening + No Clearing Fees + Rs 999 API

RMoney Demat Account Charges, Review, Opening

26.58% 3,819 Clients

Raghunandan Money (RMoney) is a financial service provider. RMoney offer trading at BSE, NSE, MCX, and NCDEX. RMoney also offers services like Demat Account, MF's, IPO, Insurance, Corp FD's, Bonds, PAN Services and Investor Advisory services.

Demat Account is a key offering from RMoney. The demat account offers a safe, secure and hassle-free investment in Shares, Mutual Funds, IPOs, Bonds, NCDs etc.

RMoney Demat Account is linked with its Trading Account. This 2-in-1 account offers seamless transactions of shares between these two accounts.

RMoney DP Service Provider

RMoney is a depository participant with Central Depository Services India Limited (CDSL). The company provides demat account related services through CDSL.

RMoney CDSL Membership Info:

  • SEBI Registration Number: IN-DP-CDSL-607-2011
  • RMoney DP ID: 12069700

10 Reasons to open Demat Account with Raghunandan Money

  1. Free Account Opening. No account opening charges
  2. Instant paperless account opening. No paperwork required in most cases.
  3. AMC Free Demat account is available.
  4. Basic Service Demat Account (BSDA) is available for holding a value up to Rs 50,000.
  5. 24*7 access to your demat account through an online portal.
  6. Corporate benefits like dividends, bonus, interest etc directly deposited in your demat.
  7. Apply in IPO's online.
  8. Invest online in MFs, Corporate FDs, and Insurance etc.
  9. RMoney is a depository participant with CDSL. CDSL offers cheaper services then NSDL, another DP service provider.
  10. RMoney offers free equity delivery trading and discounted brokerage on all other segments at BSE, NSE, MCX, and NCDEX.

RMoney Demat Account Opening Charges

To open a new Demat account with RMoney, the customer may have to pay Demat account opening charges. The broker may also charges Annual Maintenance Charges (AMC), a yearly fee to maintain the Demat account.

Demat Account Opening FeeRs 0 (Free)
Demat Account Annual Charges (AMC)Rs 0 for lifetime (Free)
Special Offer: RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer

RMoney Demat Fee Explained





Demat Account Opening Charges

Rs 199


PoA Stamp Paper Charges

Rs 0


Annual Maintenance Charges (AMC):


a. Individuals

Lifetime FREE Demat: Rs 0


b. Corporates

Lifetime FREE Demat: Rs 500


Transaction Charges per ISIN (Market Trades):


a. Buy (Receive)

Rs 0


b. Sell(Debit)

Rs 12 for every debit transaction


Inter Depository Transfer (Off-Market Trades):


a. Buy (Receive)



b. Sell(Debit)

Regular Demat: Rs 20 for every debit transaction


Dematerialisation Charges

Rs 20 per DRF + Rs 3 per certificate


Rematerialisation Charges

Rs 20 per every 100 securities


Courier charges per Demat/ Remat request

Courier charges at actual


Pledge per ISIN

Rs 25 + Rs 12 per request (CDSL Charges)


Unpledge per ISIN

Rs 25 + Rs 12 per request (CDSL Charges)


Pledge Invocation per ISIN

Rs 20


Periodic Statement:


a. By Email



b. Physical


Adhoc / Non Periodic Statement Requests:


a. By Email

Rs 0


b. Physical

Rs 2 per page + Courier charges at actual


Delivery Instructions:


a. First Delivery Instruction Book

Rs 0 (free)


b. Every Additional Booklet

Rs 20 (5 leaves)


Cheque Bounce/ Per cheque


Failed Transactions

Rs 20 per intimation per instruction


Modification in CML

Rs 20 per request


KRA Upload / Download

Rs 20 per request

RMoney Special Offer

Lifetime FREE AMC Demat Account + Free Call & Trade

Get free lifetime free AMC demat account and pay flat Rs 18 brokerage. In addition, get free account opening and free call & trade. To open an account, simply leave your contact information and RMoney representatives will call you.

Frequently Asked Questions

  1. 1. Is Demat Account mandatory with RMoney?

    The demat account is mandatory to trade or invest in the stock market, mutual funds and IPOs. The Demat account is not needed if you are only planning to trade in F&O (Equity, Commodity or Currency).


  2. 2. Who can open a demat account with Raghunandan Money?

    Individual (an adult or a minor), Resident or NRI, HUF, Trust, and Corporate can open a demat account with RMoney.


  3. 3. Does RMoney offer a Minor Demat Account?

    Yes, a demat account can be opened on the name of Minor.

    In case of a Minor account, the legal guardian (either of the parents) has to be appointed. The documentation of the guardian has to be provided at the time of account opening.


  4. 4. Can I open a joint demat account with RMoney?

    Yes, a joint demat account can be opened with RMoney with 2 or 3 joint holders.


  5. 5. What is LifeTime FREE AMC Demat Account offered by Raghunandan Money?

    Demat account service providers charge Annual Maintenance Charges (AMC) from the customer, irrespective to you do any transaction or not. This amount ranges from Rs 300 a year to Rs 1200 a year.

    Raghunandan Money offers a lifetime zero AMC demat account. To avail, this facility customer has to pay Rs 2499 at the time of opening a demat account. Out of this Rs 2000 is refundable at the time of account closing after 1 year.

    The customer doesn't have to pay yearly fees (know as AMC) in this plan.


Contact RMoney / Request Call Back

RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer

Information on this page was last updated on Tuesday, October 1, 2019


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