To keep your finances in the right order check out Reliance Securities Brokerage Charges and Reliance Securities Charges in detail from the article below.
Reliance Securities is an experienced name in the field of stock broking. The company lets you invest in its stocks, mutual funds, and other sections. But ensure that you have abreast of information regarding the brokerage charges.
|Equity Delivery Trading||0.30%|
|Equity Intraday Trading||0.03%|
|Margin Money||75% Margin|
|Margin Funding Charges||18% + GST|
|Reactivation Charges||Rs 40 per instruction|
What are the Reliance Securities Brokerage Charges?
|What are the Equity Delivery Charges?||0.30%|
|What are the Equity Intraday Charges?||0.03%|
|What is the brokerage on Equity Futures?||0.03%|
|How much brokerage charged for Equity Options?||Rs 100 per lot|
|What is the brokerage on Currency Futures?||0.04%|
|What is the brokerage on Currency Options?||Rs 100 per lot|
|How much brokerage charged for Commodity Trading?||NA|
|Brokerage Calculator||Reliance Securities Brokerage Calculator|
The table defines the different brokerage charges. Now see that Reliance Securities Brokerage is reasonably fixed so, have a look to check out that at once. The finance industry has a rule of accepting brokerage charges.
Now, they demand the charge to ease the process of trading. In that regard, note that you have to pay a certain percentage of Reliance Securities Brokerage Charges, which is 0.30% for the delivery charge.
On the other hand, the 0.03% for the intraday, equity future, and currency futures are 0.03% – 0.04%. In addition, you have to pay between Rs 100 for each lot, as the equity Options and currency options fee. For clarity, you can check the price once on the Reliance Securities Brokerage Calculator.
Open Demat Account with Reliance Securities Now! – Fill up the Form
What are the Reliance Securities Account Opening Charges?
|Account Opening Charges|
|Are there any Trading Account Charges [One Time]?||Rs 0|
|How much is the Trading Account AMC [Yearly]?||Rs 0|
|Are there any Demat Charges [One Time]?||Rs 0|
|How much is the Demat AMC [Yearly]?||Rs 400|
|Is any minimum Margin Money required?||75% Margin|
Reliance Securities Account Opening Charges are quite flexibly designed. To follow up on the same in detail go through the table and elaboration below.
Reliance Securities designed its charging policy differently. That means for opening the account you have to pay Rs 0. Again, note that Reliance Securities Demat Charges for one time are zero. On top of that, Reliance Securities Trading Charges as AMC is Rs.0.
Therefore, you can understand that every stock broking company follows diverse charging rules. However, note that the annual maintenance charge for the demat account is Rs.400. But have to submit the minimum ceiling amount of 75% Margin.
Find out Brokerage & Other Charges of Stock Brokers
|HDFC Securities Charges||Paytm Money Charges||Wisdom Capital Charges|
|ICICI Direct Charges||Prabhudas Lilladher Charges||Yes Securities Charges|
|IDBI Direct Charges||Profitmart Charges||Zerodha Charges|
|IIFL Charges||Angel Broking Charges||Sharekhan Charges|
What are the Reliance Securities Transaction Charges?
|Transaction Charges for each segment|
|What are the Transaction Charges for Equity Delivery?||0.003500%|
|What are the Transaction Charges for Equity Intraday?||0.003500%|
|How much are the Transaction Charges for Equity Futures?||0.003300%|
|How much are the Transaction Charges for Equity Options?||0.063% on premium|
|What are the Transaction Charges for Currency Futures?||NA|
|What are the Transaction Charges for Currency Options?||NA|
|Any Transaction Charges for Commodity Trading?||NA|
The table is divided into segments like equity delivery, intraday, futures, and options, and based on that the Reliance Securities Transaction Charges are elaborated below. Reliance Securities Charges are nominally fixed.
But note that the transaction fees are something you have to pay to the broking company. You are contributing only a small portion of your profit. Talking about whether the charge is fixed or not. Well, you will not find any such thing.
It is because the charges are different for each stock broking company, Like the Reliance securities whose equity delivery and intraday charges are the same as 0.003500%. On top of that, the equity future charge is 0.004000%.
On the other hand, the charge for currency future, options, and commodity trading is not applicable. Also, remember that for the equity option you have to pay 0.063% on the premium.
What are the other remaining Reliance Securities Charges?
|How much is the Transaction Charges levied?||0.003500% of Total Turnover|
|What are the STT charges?||Equity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
*Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on the sell side (Non-Agri)
Commodity Options: 0.05% on sell-side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell-side
|How much is the Stamp Duty levied?||(On buy side only) Delivery: 0.015%, Intraday: 0.002%, Equity Futures: 0.002%, Equity Options: 0.002%, and Currency F&O: 0.0001%.Commodity Futures: 0.002%, Commodity Options: 0.002% (MCX)|
|How is the GST charged?||18% on (Brokerage + Transaction Charge + SEBI Fee)|
|Any Margin Funding Charges?||18% + GST|
|How much is the Reactivation Charge?||Rs 40 per instruction|
|Any charges for Account Closure?||NIL|
|What are the Dematerialisation Charges?||For each request form, Rs 20 & Extra for each certificate, Rs 5|
The table lines up the details regarding Reliance Securities Charges in an orderly fashion for easy understanding. Reliance Securities Charges / Govt Charges are discussed in detail in this section. You know that some of the charges like delivery, and intraday are mandatory for the company.
But certain charges fall under the regulatory obligation of the government. Therefore, you can call them government charges as well. For example, you have to pay a transaction charge of 0.003500% of Total Turnover while the securities transaction charge is 0.0126% of Total Turnover.
In addition to that, you have to pay the reactivation charge, which is Rs.40 for each of the segments. On top of that, for account closure, you do not have to pay anything, which is a kind of relief for the clients.
Finally, for the dematerialization charge, you need to pay Rs.20. Note that you have to pay this amount for getting the physical form of the shares in electronic format.
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|Globe Capital Charges||NJ Wealth Charges||Way2Wealth Charges|
General FAQs on Reliance Smart Money Charges
Let’s have a look at the FAQs on Reliance Securities Charges:
Does Reliance Smart Money provide fixed brokerage options?
No, you may not get any fixed brokerage option from Reliance Securities.
Does Reliance Smart Money have different brokerage charges for penny stocks?
No, Reliance securities do not have any such flexible brokerage option for penny stocks.
Can I calculate Reliance Smart Money brokerage even before I place a Trade?
Yes, customers will get an opportunity to calculate the reliance securities brokerage before placing the trading.
Can I calculate Reliance Smart Money margin/limit / exposure?
Yes, you can calculate the reliance securities limit much before you decide to place the trade.
Are there any account opening fees by Reliance Smart Money?
Yes, you have to pay the fees for opening an account with Reliance Securities.
Is there any AMC levied by Reliance Smart Money?
No, Reliance Securities will not impose any AMC charge on the customers.
Reliance Securities Charges – Conclusion
To wrap up the article you can see that the Reliance Securities Charges and Reliance Securities Demat Charges are nominal. Go through each of the pricing details so that you can make the right move. Precisely, you can take your investment decision strategically.
Open Demat Account with Reliance Securities Now! – Fill up the Form
Find out Brokerage Charges of other Stock Brokers
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