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RMoney Vs Sykes Ray Demat Account Comparison

The side-by-side comparison of RMoney and Sykes Ray Demat Account. Compare RMoney Vs Sykes Ray Demat account charges, AMC and Fees. Read Sykes Ray and RMoney demat account review.

Find out RMoney Vs Sykes Ray which is better demat account and RMoney Vs Sykes Ray which is best demat account.

Our Raghunandan Capital Pvt Ltd demat account comparison with Sykes & Ray Equities (India) Limited highlights the major differences between two brokers. Find the best demat between RMoney and Sykes Ray.

RMoney Vs Sykes Ray

  RMoney Sykes Ray
Raghunandan Capital Pvt Ltd Logo
About the Broker

Incorporated in 2004, Raghunandan Money (RMoney) is a leading brokerage house in India. Agra based RMoney offers a wide range of financial services. This includes trading at BSE, NSE, MCX and NCDEX, investment in Mutual Funds, Corporate FD's, Life Insurance, General Insurance, Wealth Management and PAN Card related services. RMoney offers online discount brokerage plans as well as traditional full-service brokerage plans to its customers.

RMoney offers Depository services through its membership with CDSL. RMoney offers Lifetime free AMC Demat Account for no additional fee.

Sykes & Ray Equities (I) Ltd. is also a member of BSE & NSE and serving retail clients in Capital Market since last 25 years.

DP ID 12069700 12018600
Contact Info Udaygiri Bhaskar Lane, Jayendra Ganj, Gwalior - 474009

3Rd Flr, Plot 24/26, Cama Building, Dalal Street Bse, Fort Mumbai Maharashtra India-400001

Services Offered Online Trading (Stock, Commodity and Currency), Depository Services, Online Investments, Online Insurance, Advisory and PAN Card Service.

Financial Planning, Broking, Research, Online Internet Trading, DP Services

Demat Account Enquiry Request Callback Request Callback

RMoney Vs Sykes Ray Demat Account Opening Charges

  RMoney Sykes Ray
Demat Account Opening Fee ₹0 (Free)

Actual cost of stamp paper and charges of K.R.A.

Demat Account AMC ₹0 per year for lifetime

Rs 295 p.a. for individual. Plus actual CDSL charge for Corporate a/

C.

Advance Deposit ₹0

Nil

RMoney Vs Sykes Ray Demat Charges

  RMoney Sykes Ray
Dematerialisation Charges ₹20 per DRF + ₹3 per certificate

Rs 50 plus Rs 50 upto 10 certificate and thenafter Rs 5 per certificate.

Rematerialisation Charges ₹20 per every 100 securities

0.02% of value, Minimum Rs 40 per certificate. Plus actual CDSL charge for remat confirmation.

Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell) ₹12 for every debit transaction

(a) 0.04%of value of OnMkt or Early Payin transaction (Minimum Rs 24 ) executed under PoA to SREIL (broker)and (b) 0.05% of value of trx. or Min. Rs 48 for any other debit transaction executed on DIS.

Pledge Creation Charges ₹25 + ₹12 per request (CDSL Charges)

0.02% Minimum Rs 50 per pledge trx.

Pledge Creation Confirmation Charges

Nil

Pledge Invocation Charges ₹25 + ₹12 per request (CDSL Charges)

0.02% Minimum Rs 50

Failed Instruction Charges ₹20 per intimation per instruction

Nil

Other Charges Modification in CML: ₹20 per request
KRA Upload / Download: ₹20 per request

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  RMoney Sykes Ray
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  RMoney Sykes Ray
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