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Account Opening and RMoney Quick FAQ’s Post Date : March 10, 2022

1. How long does it take to open a Demat Account with you? It will take 24 hours for the Online Account to be get activated. 2. What are the Account Opening Charges? We are offering Free Account Opening and Rs.299/- Brokerage Reversal Scheme in which you will get Rs.499/- brokerage reversal in your trades. 3. What is the Demat AMC? Demat AMC is Free for the first year and Rs. 299 for next year onwards 4. What is your
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# Prevent Unauthorised transactions in your account. Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day ……….Issued in the interest of investors.
# KYC is one time exercise while dealing in securities markets – once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
# No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorize your bank to make payment in case of allotment. No worries for refund as the money remains in investor’s account.