reliance Money

reliance Money has certain features that make it much better than Kotak and Sharekhan
However, its you who is trading and you have to decide accordingly. Reliance offers you the best interface and also service. The main reason why people are shifting to Reliance is the cost factor. People used to pay a heavy brokerage all these days. But with Reliance money, you are just paying a flat fee of Rs 250 per month as brokerage and you can trade upto Rs. 1 crore. When you use the 1 crore limit, you can again recharge the account for Rs. 250 and continue. Its very simple

I am a dealer for Reliance Money and I think, its my duty to furnish all the details to ensure that you get the total information. So, I have added some additional information which will tell you more details about Reliance Money
Reliance Money- a single window for all your financial transaction needs

About Reliance Money
We all know the effect of the word Reliance on us. A company which has entered almost every arena of business and created wonders. Every project taken up by the company turns into a golden project. The company has something, which we can call as, The Midas Touch. Well, Reliance Money is the electronic transaction platform associated with Reliance Capital; one of India's leading and fastest growing private sector financial services companies, ranked amongst the top 3 private sector financial services and banking companies, in terms of net worth

What is Reliance Money?
Relaince Money offers a comprehensive platform, offering an investment avenue for a wide range of asset classes. Its endeavour is to change the way India transacts in financial markets and avails financial services. Reliance Money offers a single window facility, enabing you to access, amongst others Equity, Equity and Commodity Derivatives, Offshore Investments, IPOs, Mutual Funds, Lief Insurance and General Insurance products

Why Reliance Money?
Reliance Money is the most cost-effective, convenient and secure way to transact in a wide range of financial products and services
The highlights of Reliance money's offerings are:
Cost-effective
The fee charged by the affiliates of Reliance Money, through whom the transactions can be placed, is among the lowest charged in the present scenario. Pay a flat fee of just Rs. 500/- valid for 2 months or specified transactional value
Note: The facility of trading is subject to expiry of the validity period or value limit, whichever comes first

Illustrations depicting fee structure and validity limits
Access fee- Rs. 500
Validity- Time validity of 2 months or Turnover validity of Rs. 1 cr., whichever is earlier
Turnover limit- Non-delivery turnover of Rs. 90 lac, Delivery turnover of Rs. 10 lac

Access fee- Rs. 1350
Validity- Time validity of 6 months or Turnover validity of Rs. 3 cr., whichever is earlier
Turnover limit- Non-delivery turnover of Rs. 2.7 cr., Delivery turnover of Rs. 30 lac

Access fee- Rs. 2500
Validity- Time validity of 12 months or Turnover validity of Rs. 6 cr., whichever is earlier
Turnover limit- Non-delivery turnover of Rs. 5.4 cr., Delivery turnover of Rs. 60 lac
Note: Unutilized delivery limit may be added to Non-delivery limit

Convenience
You have the flexibility to access Reliance Money services in Multiple ways: through the Internet, Transaction Kiosks, Call & Transact (phone) or seek assistance through our Business Partners

Security
Reliance Money provides secure access through an electronic token that flashes a unique security number every 32 seconds (and ensures that the number used for earlier transaction is discarded). This number works as a third level password that keeps your account extra safe

Single window for multiple products
Reliance Money, through its affiliates/partners, facilitates transactions in Equity, Equity & Commodity Derivatives, Offshore Investments, Mutual Funds, IPOs, Life Insurance and General Insurance products
Note: All overseas investments are subject to rules, regulations and guidelines of the Reserve Bank of India as laid down from time to time

3 in 1 integrated access
Reliance Money offers integrated access to your banking, trading and demat account. You can transact without the hassle of writing cheques

Demat account with Reliance Capital
Hassle free demat account with Reliance Capital. The Annual Maintainance Charge for the Demat Account is just Rs. 50/- per annum

Other Services
Through the portal www.reliancemoney.com, Reliance Money provides:
a. Reliable research, including views of external experts with an enviable track record
b. Live news from Reuters and Dow Jones
c. CEOs'/experts' views on the economy and financial markets
d. The Personal finance section provides tools tha help you plan your investments, retirement, tax, etc
e. Analyse your risk profile through the Risk Analyser
f. Get a suitable investment portfoilio using the Asset Allocator

For more details, please do write to me dr_puneet_ca@yahoo.co.in

And please ensure that, in case you are willing to open an account, please contact me and I will do it. I too will be benefitted by your help. In fact, you will help me a lot

* 1 year ago

Source(s):
I am working for LIC of India as an Insurance Advisor. I am also dealing into mutual funds, demat accounts and other financial products. you may wish to contact me on 9986627367 or mail me on dr_puneet_ca@yahoo.co.in