Reliance Securities Charges – Find Brokerage Charges, Account Opening Charges and moreLast Updated Date: Mar 21, 2023
This article will cover all the details regarding Reliance securities charges, their account opening charges, transaction charges, account AMC charges, brokerage charges, and more.
So, if you seeking the proper information about Reliance securities brokerage charges, then keep reading.
Reliance Securities Brokerage Charges
Find information about Reliance securities brokerage charges:
|Equity Options||Rs 100 per lot|
|Currency Options||Rs 100 per lot|
Reliance Securities Brokerage charges are quite competitive and you can opt for this brokerage house if you are looking for high-quality services at affordable prices.
As you can see in the table given above, the charges for equity delivery are 0.3% which is lower than most of the traditional brokers in the country. Then for equity intraday or futures, it is 0.03% which is also lesser compared to its peers.
For equity options and currency options, the brokerage is a bit on the higher side which is Rs. 100 per lot while for currency futures it is again less at 0.04%.
So, overall, the brokerage fees charged by Reliance Securities can be referred to as average and affordable for most traders.
Want to know more about Reliance Securities and its operations, check out the Reliance Securities Review section.
Reliance Securities Special Brokerage Plans
Get detailed about Reliance securities Brokerage plans:
Reliance Securities Brokerage Plan [R Fixed]
|Plan:||Reliance Securities Brokerage Plan [R Fixed]|
|Flat Monthly Fee||NA|
|Equity Options||Rs. 100 per lot|
|Currency Options||Rs. 100 per lot|
Reliance Securities also provide special brokerage plans like the one given above R Fixed where you do not need to pay any monthly fee, however, the brokerage is a bit higher than the normal plan.
As you can see above in the table, the equity delivery segment has a fee of 0.50% while the cash and equity futures segment has 0.05% on them and so for currency futures.
For the options segment, both equity and currency, it is Rs. 100 per lot. However, a trader will get multiple facilities if they opt for this plan over and above the facilities included in the normal brokerage plan.
Reliance Securities Brokerage Plan [R- Online Insta Account Plan]
|Plan:||Reliance Securities Brokerage Plan [R- Online Insta Account Plan]|
|Flat Monthly Fee||NA|
|Equity Options||Rs. 25 per lot|
|Currency Options||Rs. 25 per lot|
There is another brokerage charges plan that Reliance Securities offers and that is the R- Online Insta Account Plan. This plan can bring your brokerage cost low. Even for this plan, there is no monthly flat fee.
All, you need to pay is the brokerage charges against the trades you execute.
The main difference you can feel if you trade options using this plan is you can trade for Rs. 25 per lot which is not only the lowest amongst all the plans of Reliance Securities but also quite lower than most of the competitors in the share markets.
Furthermore, as you can check in the table, the brokerage for all the segments is lower than for other plans.
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Reliance Securities Account Opening Charges
Find below detail about trade and demat account opening charges levied by Reliance securities:
|Account Opening Charges|
|Trading Charges [One Time]||Rs 0|
|Trading AMC [Yearly]||Rs 0|
|Demat Charges [One Time]||Rs 0|
|Demat AMC [Yearly]||Rs 400|
|Margin Money||Not required|
Find below detail about trade and demat account opening charges levied by Reliance securities:
Individuals who want to open a trading account at reliance securities, easily open it by paying Rs. 0 as trading account opening charges. But, neither they require to pay trading annual maintenance charges.
Individuals who want to open a demat account at reliance securities, easily open it at Zero fees. All they need is to pay Rs.400 as a demat account for annual maintenance charges yearly.
The clients can start trading at Reliance securities with no margin money.
Also, check out Reliance Securities Brokerage Calculator to calculate and compare brokerage charges in detail.
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Reliance Securities Transaction Charges
The below-mentioned table gives you details about the transaction charges:
|SELL (Market & Off-Market) For instruction given in the physical form||0.04 % of transaction value or a Minimum of Rs. 27/- per ISIN|
|For instructions received through Internet/ online trading /Easiest charges through Reliance Securities Ltd.||0.04 % of transaction value or a Minimum of Rs. 27/- per ISIN|
The transaction charges for Reliance Securities are a bit different. They charge 0.04% of the transaction value, or Rs. 27, whichever is lower for each ISIN.
This is for Selling in the market or even off-market and the instruction is given in any form – online or offline.
Reliance Securities Other Charges
Get detailed about other charges levied by Reliance securities:
|Reactivation Charges||Rs 40 per instruction|
|Account Closure Charges||NIL|
|Dematerialisation Charges||For each request form, Rs 20 & Extra for each certificate, Rs 5|
|Pledge Creation||0.05% of transaction value or min Rs 20|
|Pledge Invocation||0.05% of transaction value or min Rs 20|
|Margin Pledge/Unpledge/ Pledge closure||0.05% of transaction value or min Rs 20|
|Margin Repledge||Rs 25 per ISIN|
|Basic Services Demat Account (BSDA) Charges|
|Holding value at any date up to Rs. 50,000/-||Nil|
|Holding value at any date between Rs. 50,001/- to Rs. 200,000/-||100/- p.a.|
|Holding value in the Debt segment at any date is not greater than Rs. 1,00,000/-||Nil|
|Holding value in the Debt segment at any date between Rs. 1,00,001/- to Rs. 200,000/-||100/- p.a.|
|Annual Maintenance Charges (AMC) levied on a monthly basis|
|Individual / HUFs/ Trust||400/- p.a.|
|NRI / Foreign Nationals||Nil|
|Corporate / Non-Individuals||1000/- p.a.|
|Lifetime Free AMC||2500|
|Extra Other Charges|
|Call and Trade Charges||20 per call (First 20 calls per month will be free)**|
|Enquiry Charges (First five enquiries are free every month)||5 per enquiry|
|Re-issue of Welcome Kit (Resident Indians)||200|
|Re-issue of Welcome Kit (Non-Resident Indians)||1000|
|Physical Contract notes for clients who have signed Electronic contract notes||40 per contract note|
|Physical Ledger/Transaction Statement||40 per statement|
|Delayed Payment Interest (DPI)||21%|
The additional charges that you have to pay to Reliance Securities are charges for different facilities or services you opt for. These charges need to be paid only if you opt for the services.
So, for instance, if you want to dematerialize your physical share certificates then you have to pay Rs. 20 for the request form and the share certificate Rs. 5, so a total of Rs. 25 per dematerialized share certificate.
Similarly, if you opt for lifetime free AMC then you have to pay Rs. 2500 at one go. Then if you want to call & Trade facility you have to Rs. 20 per call, however, every month, you will get 20 free calls as well.
After you exhaust the limit of 20 free calls, then only you need to pay Rs. 20 for call & Trade facility. So, as you can see, there are multiple charges for different services in the table given above.
You can find out which service you would be availing yourself of the most and the charges for the trading.
Reliance Securities Regulatory & Government Charges
|SEBI Turnover Charges||0.0001% (₹10/Crore)|
|STT||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 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
|Stamp Duty||(On buy side only) Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%.Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)|
|GST||18% on (Brokerage + Transaction Charge + SEBI Fee)|
The statutory charges like all brokerage houses are similar that is Rs. 10 for each crore of turnover as SEBI turnover charges. Then there is a stamp duty of 0.015% on the buy side of delivery trades only.
Then for the cash segment, the charge is 0.003%, and so on. There is GST which is levied across trades of 18% on brokerage plus transaction charges and SEBI fee.
Apart from these, there is STT which varies as per the segment you are trading in. For the details, you can refer to the table above. The table has all the statutory charges mentioned in detail.
Reliance Securities Brokerage Charges – Conclusion
Reliance Securities provide all the services as a traditional or full-brokerage house at very reasonable charges.
When choosing any brokerage house, you need to consider not only the charges it levies on its services but also the quality and number of products and services it provides.
Reliance Securities Brokerage Charges FAQ
Here is the list of FAQs related to the Reliance Securities brokerage charges:
Does Reliance Securities Charge Brokerage?
With Reliance Securities the clients are expected to pay brokerage on a few of the segments. The broker however has a very feasible charge of brokerage for all the clients, in which few brokerage charges are waived off. Currency futures, options, and commodities do not carry any charge and are not available.
What are Reliance Securities Brokerage Charges?
The brokerage charges on which Reliance Securities works are very much near to the ground and few charges are even waved off by the broker. The brokerage charge pattern of this very broker is as follows – for delivery and equity intraday as well as equity futures the brokerage charges are around 0.04% respectively, after which clients can expect the equity option brokerage charges as Rs.100 per slot.
What is the Intraday Brokerage of Reliance Securities?
Equity intraday holds a very important place in trading and thus for easing the whole experience for their clients, Reliance Securities have a very practicable charge for the following. Equity intraday charges of this very broker house are around 0.30% of the total value.
What Other Charges were levied by Reliance Securities?
The stock market world includes many charges other than just the basic brokerage charge. When any client steps forward to join hands with Reliance Securities, the other charges that need to be paid are – STT, stamp duty, and margin funding charges, Reliance Securities however do not charge anything for account closure.
Is Reliance Securities a discount broker?
No, Reliance Securities is a full-time service broker that specializes in providing a large variety of services to their clients, including research and advice, retirement planning as well as tax tips, and much more.
Does Reliance Securities have Free Delivery?
No, Reliance Securities charges 0.3% on delivery trades. There is no free delivery trading option available at Reliance Securities. You have to pay this nominal brokerage for taking delivery of stocks.
How much does Reliance Securities Charge for Options?
Reliance Securities have two segments when it comes to options, which are equity options and currency options. The broker firm only charges for one of these segments, the currency option is not yet available. Equity options carry an Rs.100 per order for investment.
What are Reliance Securities Transaction Charges?
At Reliance Securities, you have to pay the lower of 0.04% of the value of the transaction or Rs. 27 as the transaction charges. These transaction charges are quite different from transaction charges of other brokerage houses.
What is the Demat AMC in Reliance Securities?
The AMC for the Demat account of Reliance Securities is Rs. 400 per year. You have to pay this amount to maintain your account every year. There are no other annual maintenance charges on the trading account.
Is Reliance Securities Brokerage Free?
No, Reliance Securities brokerage is not free. You have to pay certain brokerage charges for trading different segments. The brokerage you pay for the delivery segment is 0.3%, while for other segments it is 0.03% and for options, it is Rs. 100 per lot.
What are the charges in Reliance Securities?
Reliance Securities charges for the delivery segment is 0.3%, while for other segments it is 0.03% and for options, it is Rs. 100 per lot.
Is Reliance smart money free?
Yes, it is free till the 20th call in the month. Then from the 21st call placed in the same month, you have to pay Rs. 20 per call.
What is the DP name for Reliance Securities?
Reliance Securities Limited is the Depository Participant name of Reliance Securities. It is a part of the CDSL Depository.
How can I pledge shares in Reliance Securities?
For pledging shares in Reliance Securities, you have to –
- Click on the Reliance Securities Pro Mobile app
- Click on the Margin Pledge menu from the list
- Then go to the portfolio – holdings – margin pledge
- Secure URL – Margin Pledge
- Reports – Holding- Margin Pledge
- Then you can see the list for pledging your shares.
What is a haircut in Reliance Securities?
Haircut % in reliance Securities gets altered from time to time. However, it varies within the range of 20% to 60%.
How can I add my bank account in reliance securities?
You can use the Pro trading App or Reliance Smart App or website to add a bank account. All you need to do is to –
- Open the site or the app
- Click on the fund transfer
- You will see an option ‘ add Bank account’
- Enter the bank account and details required and submit.
Are there any additional charges for placing an MIS order?
No, there are no additional charges for placing an MIS order. You can place it like normal orders only.
How can I reactivate my reliance Smart Money account?
You need to contact Reliance Smart Money and fill out the request form to reactivate your account. They will charge a nominal fee for the same and reactivate your account.
What is the work of Reliance Securities?
Reliance Securities offers trading and Demat services and products. It offers stocks, mutual funds, options, and other financial instruments to trade. You can trade then and they will earn brokerage in return.
How can I trade in Reliance Securities?
For trading on Reliance Securities, you have to open a Demat and trading account with the brokerage house. Then you need to download their app or trading terminal, enter the units and place the order at the desired price you want to buy or sell. Once your order is executed, the shares will be credited or debited according to the order you placed.
What is the brokerage of Reliance Securities?
The brokerage charges the Reliance Securities levies are as follows –
- For equity Delivery – 0.3%
- Cash Segment – 0.03%
- Equity future & currency Futures – 0.03%
- Equity & currency options – Rs. 100 per lot.
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