Escolar Documentos
Profissional Documentos
Cultura Documentos
Client Code_____________________
Date: __________________________
Client Signature______________________________
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Only new customers of Reliance Securities Limited (RSL) except NRI customer, Partner customer can apply for the RMULTI
REF Plan. This product is not available to any existing customers. Request for the RMULTI REF Plan will be processed only if
the required subscription amount is available in the customers Common ledger with RSL.
The amount paid towards subscription of RMULTI REF Plan will not be considered as margin money for any of the exchange
segments for the purpose of trading.
Exposure will be provided under NRML (Cash) on the unutilized subscription amount paid by customer towards subscription
for RMULTI REF Plans having subscription amount more than and equal to Rs. 5,000/- provided customer has minimum free
balance of Rs 1000/- in his account in form of cash or collateral.
Once the account is opened, RMULTI REF Plan will be activated for client provided sufficient funds are available in ledger to
meet the subscription amount. Client need to ensure that clear funds are available in ledger after adjusting all obligation
towards settlement and/or margin. If RMULTI REF Plan is not activated within 30 days from the date of account opening
customer will be shifted to RMULTI REF Default Plan. Such customer will never be allowed to subscribe to RMULTI REF Plan
again.
No interest will be paid on the subscription amount paid by customer towards subscription for RMULTI REF Plan.
RMULTI REF Plan request will be processed by end of the day and Brokerage rate of the selected RMULTI REF Plan will be
applicable from next trading day onwards till the tenure of the Plan i.e. 15 years.
From the subscription amount paid for RMULTI REF Plan only brokerage and the applicable Service tax on the brokerage will
be adjusted. All other statutory/ regulatory/ levies/ charges applicable from time to time with respect to the transaction (such as
STT, SEBI turnover fees, Exchange transaction charges and stamp duty) shall be adjusted separately from the customers
Common ledger with RSL.
Once the RMULTI REF Plan is activated, the customer will be charged at the brokerage rates (plus applicable Service tax)
applicable to respective plan. Such charges will be adjusted from the RMULTI REF Plan subscription amount by way of giving
credit back to the customers common ledger account on the day of trading.
In the event of customer brokerage (plus applicable Service tax on the brokerage) has exceeded the balance in subscription
amount on a particular day, then customer will be provided with Grace period of 30 days. During this grace period also the
brokerage applicable rate would be the same as of RMULTI REF Plans brokerage rate and will be adjusted from the
customers Common ledger with RSL.
If a customer does not renew RMULTI REF Plan upon expiry of Plan tenure, or upon expiry of 30 days grace period (after the
exhaustion of RMULTI REF subscription amount) whichever happens earlier, then he will be automatically shifted to a
predefined default plan. Any balance left in RMULTI REF Plan subscription amount on expiry of Plan tenure will be credited to
customers Common ledger.
In case if customer want to exit from RMULTI REF Plan before the expiry of plan tenure, balance left in RMULTI REF Plan
subscription amount will be refunded after charging a foreclosure charges at 30% of balance in RMULTI REF Plan
subscription amount.
In case customer want to upgrade his RMULTI REF Plan from lower subscription amount to higher subscription amount before
the expiry of Plan tenure, then the full subscription amount for the new RMULTI REF Plan will be debited to customers
common ledger at the time of placing request and balance, if any, left in existing RMULTI REF Plan will be credited back to
customers common ledger at end of the day.
In case a customer wants to shift his RMULTI REF Plan from a higher subscription amount to lower subscription amount,
before the expiry of the Plan tenure, he has to place an RMULTI REF Plan exit request to RSL as mentioned in clause 11
above. Applicable exit foreclosure charges will be deducted from the balance in RMULTI REF Plan. Once the RMULTI REF
Plan exit request is successfully processed by RSL, the customer can subscribe to the new RMULTI REF Plan as desired.
The company may at its absolute discretion discontinue/ change / alter the RMULTI REF Plan completely or partially without
assigning any reason. However, serving notice of 30 days will be served to the customers who are subscribed to the Plan
before effecting such changes. In case of discontinuance of the RMULTI REF Plan, the balance if any, will be credited to the
respective customers Common ledger.
SEBI / Exchange(s) rules, regulation, By-laws and guidelines as issued from time to time will applicable to all plans under
RMULTI REF Plan.
Client Signature______________________________
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21. In the first year (from the date of registration), Customer who is referring more than 2 customer under RMULTI REF Plan will
entitled for the referral fees.
22. In the subsequent years (after one year from the date of registration), customer referring shall be Active to get entitled for
referral fees and the referral fees will be calculated only of those referred customer who are under RMULTI REF Plan. Active
here means customer whose volume in his account during last one year is more than Rs. 1 lakh.
23. If any customer is doing an upgrade of the RMULTI REF Plan, referral fee will only be paid on the difference amount.
(Difference between Higher subscription amount & lower subscription amount).
24. Customer will not get any referral fees for his own account under RMULTI REF Plan.
25. RMULTI REF Plan Customer closing his trading account or moving to any other brokerage scheme would be deemed as
foreclosure and the applicable foreclosure charges will be levied as mentioned above and he would not be eligible to receive
any referral fees.
26. The company may at its absolute discretion discontinue/ change the RMULTI REF Plan completely or partially by serving 30
days notice to the clients. The balance in RMULTI REF Plan subscription fee (if any) will be credited to clients Common ledger
with RSL.
27. Reliance Securities Ltd. reserves the right to stop the referral fee & forcefully exit the client from RMULTI REF Plan in the
following circumstances :
a. For any debit outstanding in the customers account for more than 60 days.
b. Customer being banned from trading by any Regulatory Authority.
c. Customer indulging in any malpractices / market manipulation etc.
d. Customer found indulging in any activity / practice which in the opinion of RSL is prejudicial to the interests of
investors / stock market / RSL.
e. Customer found doing unusual trading in penny stocks & illiquid stocks.
28. Value added serviced for RMULTI REF customers:
To avail these services, client need to sent a separate email for request at customer.support@rsec.co.in
29. The terms and conditions of the Plan shall always be read in conjunction with the provisions of the customer member
agreement entered into between RSL and the customer.
Note: * For RMULTI REF referral fee payout either cheque will be issued or ECS credit will be given in the customers
bank account. The referral fee payout cycle will be 26th to 25th of next month.
I /we hereby authorize Reliance Securities Ltd to debit my ledger for the subscription amount as per my RMULTI REF Plan
subscribed. I declare that I have read and understood the terms and conditions governing RMULTI REF Plan of Reliance
I/We wish to avail the RMULTI REF Plan provided by RSL for my
trading account subject to the terms and conditions mentioned above.
Securities Ltd and shall agree and abide by the same.
Thanking you
Yours faithfully
Client Code ___________________________________
Date: __________________________
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