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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 is a depository participant with Central Depository Services India Limited (CDSL). The company provides demat account related services through CDSL.
RMoney CDSL Membership Info:
To open a new demat account with RMoney, the customer may have to pay demat account opening charges. The broker may also charge Annual Maintenance Charges (AMC), a yearly fee to maintain the demat account.
| Service | Charges |
|---|---|
| Demat Account Opening Fee | ₹0 (Free) |
| Demat Account Annual Charges (AMC) | ₹0 for lifetime (Free) |
|
ID |
Transaction |
Charges |
|---|---|---|
|
1 |
Demat Account Opening Charges |
₹0 |
|
2 |
PoA Stamp Paper Charges |
₹0 |
|
3 |
Annual Maintenance Charges (AMC): |
|
|
a. Individuals |
Lifetime FREE Demat: ₹0 |
|
|
b. Corporates |
Lifetime FREE Demat: ₹500 |
|
|
4 |
Transaction Charges per ISIN (Market Trades): |
|
|
a. Buy (Receive) |
₹0 |
|
|
b. Sell(Debit) |
₹12 for every debit transaction |
|
|
5 |
Inter Depository Transfer (Off-Market Trades): |
|
|
a. Buy (Receive) |
NIL |
|
|
b. Sell(Debit) |
Regular Demat: ₹20 for every debit transaction |
|
|
6 |
Dematerialisation Charges |
₹20 per DRF + ₹3 per certificate |
|
7 |
Rematerialisation Charges |
₹20 per every 100 securities |
|
8 |
Courier charges per Demat/ Remat request |
Courier charges at actual |
|
9 |
Pledge per ISIN |
₹25 + ₹12 per request (CDSL Charges) |
|
10 |
Unpledge per ISIN |
₹25 + ₹12 per request (CDSL Charges) |
|
11 |
Pledge Invocation per ISIN |
₹20 |
|
12 |
Periodic Statement: |
|
|
a. By Email |
Free |
|
|
b. Physical |
||
|
13 |
Adhoc / Non Periodic Statement Requests: |
|
|
a. By Email |
₹0 |
|
|
b. Physical |
₹2 per page + Courier charges at actual |
|
|
14 |
Delivery Instructions: |
|
|
a. First Delivery Instruction Book |
₹0 (free) |
|
|
b. Every Additional Booklet |
₹20 (5 leaves) |
|
|
15 |
Cheque Bounce/ Per cheque |
|
|
16 |
Failed Transactions |
₹20 per intimation per instruction |
|
17 |
Modification in CML |
₹20 per request |
|
18 |
KRA Upload / Download |
₹20 per request |
Get free lifetime free AMC demat account and pay flat ₹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.
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).
Individual (an adult or a minor), Resident or NRI, HUF, Trust, and Corporate can open a demat account with RMoney.
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.
Yes, a joint demat account can be opened with RMoney with 2 or 3 joint holders.
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.
RMoney ₹0 Account Opening Fee + ₹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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