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Akriti Tomar

• How can an HUF Open Account at RMoney?

  By : Akriti Tomar | March 4, 2022

  Please attach the documents below along with the HUF account opening form. Copy of Pan Card of HUF Copy of Pan Card of Karta Address proof of HUF Bank Proof of HUF (Last 6 months Bank Statement in PDF format reflecting bank’s logo, branch address, IFSC, MICR codes, etc.) Address proof of Karta On page no. 8 of the Trading form as well as the Commodity form and on pages no 1 & 3 of the Demat form; please paste

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• What are the requirements for a Corporate Account Opening?

  By : Akriti Tomar | March 4, 2022

  For Corporate Account Opening one needs to attach the documents mentioned below along with the Corporate Account Opening Form: Company’s PAN Card Address Proof Copy of Company Eg. Bank Statement/Utility Bills etc. Bank Proof Copy of Company eg Cancelled Cheque (name Printed on Cheque)/ Bank Account Statement/Pass Book Copy having IFSC/MICR, A/c Holder Name, Account Number A copy of the balance sheet for each of the last two financial years (to be submitted annually) Photograph, POI (Proof Of Identity), POA (Proof of Address), PAN, and

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• What are the rules for Partnership Firm Account Opening?

  By : Akriti Tomar | March 4, 2022

  For opening a Partnership Firm Account you need to attach the documents below along with the partnership account opening form: Partnership Firm’s PAN Card Copy Address Proof Copy Eg. Bank Statement, Utility Bills, etc. Bank Proof Copy for instance canceled cheque (name printed on the cheque) or Bank Account Statement or Pass Book Copy having IFSC or MICR, A/c Holder Name, or Account Number The balance sheets of the past two financial years (submitted every year) Certificate of registration (for registered partnership firms only) Copy

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• What Margins will I get for Trading?

  By : Akriti Tomar | March 4, 2022

  As per SEBI Guidelines, no margin is offered for trading. However, you can avail of the MTF facility or Hedging benefit for margin.

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• In what cases my Intraday positions will be squared-off by RMS (Risk Management System)?

  By : Akriti Tomar | March 4, 2022

  Our RMS will square off your intraday positions 15 minutes before the market closes for NSE Segment including Currency. In the case of the commodity segment, your position will be squared off 30 minutes prior to market close. Once a client’s MTM reaches 80%, our RMS will square off the positions irrespective of the product type or the time.

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• Can I change my position from Intraday to Carryforward?

  By : Akriti Tomar | March 4, 2022

  Yes, you can change your position from Intraday to Carryforward. However, carry forward positions require you to have sufficient margins. You need to change the position at least 15 minutes before the market closes in the NSE segment including Currency. For the MCX segment, the same needs to be done 30 minutes before the market closes. This is when the auto square-off of the positions starts. 

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• Can I change my position from Carryforward to Intraday?

  By : Akriti Tomar | March 4, 2022

  Yes, you can change your position from carryforward to intraday but only up to 15 times before the market closes for the day.

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• What Are the Account Opening Charges and AMC for a Demat Account at RMoney?

  By : Akriti Tomar | March 4, 2022

  Introduction At RMoney, we are committed to delivering convenience, transparency, and value to our customers. Whether you are a new investor or an experienced trader, we offer competitive pricing and flexible options to suit your needs. Here’s everything you need to know about the account opening charges and Annual Maintenance Charges (AMC) for a Demat account at RMoney. Account Opening Charges Opening an account with RMoney is straightforward and tailored to meet your financial preferences. You can choose from two

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• What are the benefits of opening a Demat and Trading Account with RMoney?

  By : Akriti Tomar | March 4, 2022

  Our objective of offering a Demat and Trading Account is to bring financial success and happiness to our clients. We at RMoney believe in doing so with ethical practices and transparency. Some of the benefits of opening a Demat and Trading Account with RMoney are as follows: Low brokerage charges per trade Personalized NISM Trained dealers 24*7 Hand-holding Support for Trading Multiple Trading Platforms- Web-Based, Terminal-Based, App-Based Fast and User-Friendly Mobile Trading App with faster server latency speed to exchange

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• What are DP or Demat Charges and why are they levied?

  By : Akriti Tomar | March 3, 2022

  Introduction: When it comes to investing in India, there are various charges and fees that investors need to be aware of, regardless of whether they make a profit or not. One such charge that applies universally to all traders and investors is the DP charge. In this blog post, we will explore what DP charges stand for, their significance, and more. What Do DP Charges Mean? DP charges refer to Depository Participant charges. These charges are incurred when you invest

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