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Akriti Tomar

• 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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• How can I transfer the shares against my selling?

  By : Akriti Tomar | March 3, 2022

  We will transfer shares from your Demat Account towards the obligation of selling. The POA signed by you at the time of Account Opening entitles us for the same. We will transfer all your shares in the Demat Account without you having to involve in formalities.

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• Will I be getting any benefits for keeping my shares in my Demat Account with RMoney?

  By : Akriti Tomar | March 3, 2022

  Absolutely! You’ll be delighted to know that RMoney’s Demat Account offers a remarkable feature allowing you to leverage the power of your shares as collateral. It’s a fantastic opportunity for you to maximize the potential of your investments and unlock additional benefits. By utilizing shares as collaterals in your RMoney’s Demat Account, you open up a world of possibilities. Not only can you enjoy the potential growth and dividends from your shares, but you can also tap into their inherent

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• Everything you need to know about Demat Account?

  By : Akriti Tomar | March 3, 2022

  Everything you need to know about Demat Account? In India, if you want to own securities like stocks, bonds, and mutual funds, you need to open a demat account. A demat account is a digital record that keeps track of your ownership of tradable assets. Demat accounts were introduced in 1996 and have since made securities ownership more accessible to a wider range of investors in India. Now, let’s delve into the reasons why having a demat account is essential

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• How to transfer shares to a non-RMoney Demat Account?

  By : Akriti Tomar | March 3, 2022

  Transferring shares from your RMoney Demat account to a non-RMoney Demat Account can be done through off-market transfers. Hence, if you wish to transfer shares from your RMoney Demat and Trading Account to a third-party Demat Account, the off-market transfer is the way. Following are the steps you need to follow to transfer your shares from RMoney’s Demat and Trading Account to a third-party Demat and Trading Account :- Download the Delivery Instruction Slip (DIS) requisition form, take the print

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• What is RMoney’s Per Trade and Monthly Brokerage Plan?

  By : Akriti Tomar | March 3, 2022

  RMoney has come up with two new brokerage plans Rs.9/- per trade and Rs.999/- Monthly brokerage plans (orders exceeding 1,000 in a month, brokerage of ₹1 per order will apply) with the Freedom Zero Brokerage Plan* This will allow you to choose a brokerage plan of your choice. Rs.9/- Per Trade Plan Under this brokerage plan, you will be charged a brokerage of Rs.9/- per executed trade irrespective of the size and segment of the trade. Rs.999/- Per Month Plan(orders

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• Can I change my brokerage plan at RMoney?

  By : Akriti Tomar | March 3, 2022

  Absolutely! You have the flexibility to modify your brokerage plan at any time, any day. All you need to do is send a request from your registered email address to askus@rmoneyindia.com. Our dedicated team will promptly assist you in making the desired changes to your plan. We strive to provide a seamless experience, ensuring that you have full control over your brokerage options. Feel free to reach out to us whenever you need to fine-tune your brokerage plan to align

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• What is Offline Account Opening Process at RMoney?

  By : Akriti Tomar | March 3, 2022

  To open a Demat account offline with RMoney, please follow the simple steps provided below: Contact our dedicated customer care team at 0562-4266600/7188900 to initiate the process. Request an offline account opening form from our knowledgeable and friendly Customer Care Executives. Our competent sales representative, located in your city, will promptly send the account opening form to your address via postal mail. Alternatively, you can also receive the account opening form directly in your email inbox and conveniently print it

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• What is an ECN Declaration in the Account Opening Form?

  By : Akriti Tomar | March 3, 2022

  Being an online broker, RMoney requires an ECN declaration. An ECN is a consent given by the clients to brokers that he will share only digital contract notes on the client’s email id. These contract notes are sent daily on the clients’ registered email id, as and when the trade is done with us. These contract notes hold all the details of the transactions done by you. Taking care of the privacy involved in online trading, no physical statements or

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