Hi,
I am pretty new to trading world and got suggested from my friend to open a demat and trading account in Reliance money. When I asked about the tariff, I got a list in which the first plan was of 500 INR. Now I have a doubt which is being unresolved. In the 500 plan row, it is mentioned that the validity is of 365 days or 2,00,000 INR whichever is earlier.
Here I want to know is the limit 2,00,000 mentioned is the total turnover allowed or the limit of delivery which I can hold. Say if I make daily trading of Rs 10,000 ( investing 10,000 in the morning and getting 10,000+ profit in the evening), my daily turnover will be 20,000+profit. So will my account limit be over by the end of 10th trading day? Please resolve my query
Thank you
prabhat
I am pretty new to trading world and got suggested from my friend to open a demat and trading account in Reliance money. When I asked about the tariff, I got a list in which the first plan was of 500 INR. Now I have a doubt which is being unresolved. In the 500 plan row, it is mentioned that the validity is of 365 days or 2,00,000 INR whichever is earlier.
Here I want to know is the limit 2,00,000 mentioned is the total turnover allowed or the limit of delivery which I can hold. Say if I make daily trading of Rs 10,000 ( investing 10,000 in the morning and getting 10,000+ profit in the evening), my daily turnover will be 20,000+profit. So will my account limit be over by the end of 10th trading day? Please resolve my query
Thank you
prabhat
