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Product Details
Brokerage and Fees
  • Brokerage Charge For Normal Trading: (Normal trading is non-intraday trading where the buyer takes delivery of the stocks): 0.25% of the turnover. 

  • Brokerage Charge For Intraday Trading: 0.025% of the turnover. 

  • Brokerage Charge For Futures Trading: 0.025% of the turnover. 

  • Brokerage Charge For Options Trading: INR 25 a lot.

  • Annual Maintenance Charge: INR 400.

  • Payment Gateway Charges Netbanking: INR 0

  • Overdue Interest Charges: 21% per annum.

  • Digital KYC Charges: INR 0

  • Physical Settlement Charges: INR 40 per contract note. 

  • Call & Trade Order: INR 20 - first 20 calls per month will be free. 

Account Opening Fees

Rs. 950 one time

Eligibility
Any Indian Individual/Corporate/ NRI can apply
Annual Fees

INR 400

Reliance Securities R- Online Insta Account Plan
Apply Now

Reliance Securities Review

Special Features

Free call and trade for first 20 calls. 

Features
Cons
  • No zero brokerage. 

  • No free research reports. 

Pros
  • Simple user interface.

  • No fee for adding funds for trading. 

  • Free call and trade for first 20 calls. 

  • Low brokerage fee. 

Pros and Cons
How to Apply?

There are two main ways to open an account with Reliance Securities: online and offline. Here's a breakdown of both methods:

Online Account Opening:

  1. Visit the Reliance Smart Money website: https://www.reliancesmartmoney.com/

  2. Click on the "Open Demat Account" button.

  3. Fill out the online application form with your personal details.

  4. You will need to provide scanned documents for KYC verification. These typically include:PAN Card
    Aadhaar Card (or other valid ID proof)
    Proof of address (like utility bill or bank statement)
    Bank account details
    Cancelled cheque (optional)
    Digital photograph (optional)

  5. Once submitted, Reliance Securities will review your application and verify your documents electronically (e-KYC).

  6. Upon successful verification, you will receive your account login credentials via email.

  7. You can then fund your account and start trading.

Offline Account Opening:

  1. Visit a Reliance Securities branch near you. Branch locators can be found on their website.

  2. A Reliance Securities representative will assist you with the application process.

  3. You will need to fill out a physical application form and provide original documents for KYC verification. The required documents are the same as for the online process.

  4. The representative will guide you through further steps and answer any questions you may have.

  5. After processing and verification, your account will be activated, and you'll receive login credentials.

Documents Required
Aadhaar and PAN for online account opening.
Account Opening and Procedures
Reliance Securities

Reliance Securities (Reliance Smart Money) is a broking arm of Reliance Capital that offers online broking and investment services. It is one of the most prominent full-service brokerage firms in India that offers to trade in stocks, futures & options, commodities, and currencies segment, and also facilitates investment in mutual funds, IPO, bonds, corporate FDs, SGBs, loans, insurance, and portfolio management services. Reliance Securities has two pricing plans; R-Online Insta Account Plan and R-Fixed Plan. A client can choose any of these brokerage plans as per their needs. However, it does not provide brokerage free accounts and the fees is really high as compared to other investment platforms.

Abhijeet Saxena

Abhijeet Saxena

Abhijeet Saxena

Nalsar University of Law

Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi

Ex - Khaitan & Co. Bengaluru,

Ex - National Stock Exchange, Mumbai,

Ex - Argus Partners, Mumbai

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