RKSV - Unlimited Online Trading @ 1947/-

[RKSV]

Re: Form Filling

Queries Regarding Form Filling :

Hello RKSV,

There are two PDFs on your website : Form A & Form B

a. I understand that the customer is required to only fill up Form A and send it to you. Is that correct ?
​

Correct. This will allow you to trade only on F&O. For cash, we would have to courier you IL&FS forms. But for F&O, you can do it all by yourself online.

b. Form B is for the customer's own reference.

Yes.

c. In Form A, page nos. 1 & 2 are instructions and only page nos. 3 to 10 are required to be filled up and sent. Correct ?

Yes. To be clear, you have to pay close attention to where the form is highlighted in yellow. You need to sign in those places

d. Segments available are NSE F&O, NSE Cash and BSE Cash.

Yes

d. List of documents required for a person willing to trade all of above segments :
i. Copy of PAN card
ii. Copy of Driving License
iii. Copy of Bank Statement of last 6 months
iv. Paste a photo on page 3 and sign across it.
v. A blank cancelled cheque
vi. A cheque for Rs. 250/-

This is enough to get you trading on F&O but not cash. The proofs you mentioned above (PAN card, Driving license, bank statement) is enough for IL&FS but they will need another cheque and more pictures for their application form.

Have I got it all ??

Next, on receipt of the application, you will process it and the customer will be required to attend a webcam meeting with you with all the originals. Correct ??

Yes. We will record you and ask you a few questions based on the documents you gave us to verify your identity. All you have to do is have your PAN card and drivers license ready.

Please add whatever I may have missed.

You have it right for opening an F&O account. For cash, IL&FS has separate forms that require photos, two witnesses and similar copies of proof. They will conduct their own IPV also. That may take slightly longer since it's not in our control but we will push them daily to get it done. In the mean while, we will enable your account after you have passed IPV and you can begin trading F&O right away.

Let us know if that helps or if you need more queries answered. As always, detailed queries maybe better handled over phone so you can always call us.

Best,

RKSV​

 

[RKSV]

Can anybody provide any alternate contact number of RKSV, Tel: +91-22-6130-9999 is not working.

Hi saad.trader,

Hmm, our number seems to be up. Is anyone else experiencing problems?

If you are dialing from outside of Mumbai, dial 022-6130-9999. If you are within Mumbai, just dial 6130-9999. If you have any more trouble, just PM or email us and we'll get back to you.

Best,

RKSV

 

[timepass]

Ok. So this is enough for opening an account for F&O. Suppose a customer does not wish to open a DP with IL&FS and wishes to trade in equity too, I guess he has to supply the Client Master Form of whichever broker he has a DP with. That is the only additional document required ?? And then he can trade in Equity intraday/delivery ??

 

[saad.trader]

Hi saad.trader,

Hmm, our number seems to be up. Is anyone else experiencing problems?

If you are dialing from outside of Mumbai, dial 022-6130-9999. If you are within Mumbai, just dial 6130-9999. If you have any more trouble, just PM or email us and we'll get back to you.

Best,

RKSV

I am calling on same (+91-22-6130-9999) from Airtel No. 98****7860, It is guving message "The number u have dail is incorrect, Plz check number.)

 

[RKSV]

Ok. So this is enough for opening an account for F&O. Suppose a customer does not wish to open a DP with IL&FS and wishes to trade in equity too, I guess he has to supply the Client Master Form of whichever broker he has a DP with. That is the only additional document required ?? And then he can trade in Equity intraday/delivery ??

Hi timepass,

Yes, you can trade equity without opening an account with IL&FS. The requirement for trading equity is that you need to have a Demat account. You can do intra-day cash trading through this route. However, there are few differences to this approach. Here's how this would work.

1) You can buy and sell cash order types of MIS (margin intra-day square-off).
2) You can place buy orders in CNC (cash and carry) mode. This will go to our beneficiary account. You can choose to keep it here to sell it later or transfer it to your DP.
3) If you want to sell your shares through us and they are with your DP, you have to transfer the shares into our beneficiary account before doing so.

Best,

RKSV

 

[RKSV]

I am calling on same (+91-22-6130-9999) from Airtel No. xxxxxxxxxx, It is guving message "The number u have dail is incorrect, Plz check number.)

Hi saad.trader,

Called you back. Make sure you delete your number from the public forum

Best,

RKSV

 

[saad.trader]

Hi saad.trader,

Called you back. Make sure you delete your number from the public forum

Best,

RKSV

Thanks!

i will do it

 

[sachin928111]

i have two dmat accounts one with il and fs thru other broker can i trade equity or can i link that dmat with u

 

[RKSV]

i have two dmat accounts one with il and fs thru other broker can i trade equity or can i link that dmat with u

Hi sachin,

Yes you can trade equity with us. You can either link IL&FS with using a Power of Attorney (PoA) form or link a non-IL&FS form with us also.

Best,

RKSV

 

[my investment]

Hi sachin,

Yes you can trade equity with us. You can either link IL&FS with using a Power of Attorney (PoA) form or link a non-IL&FS form with us also.

Best,

RKSV

Hi rksv i dont quite understand this will be of gr8 help if you can explain i have a account with religare

1) can i link my account so i can can buy shares from your trading account and those go to my religare account ( i think its possible )

2) but then how will i sell those share throug RKSV

cause if i sell them through religare they will charge me delievery brokerage

and if i transfer it to you benificary account then i will have to fill the slips

once my friend told me there is a online way of trasfering shares

Also if there are any charges to trasfer shares from one Dmat to another
( cause they should not be more then delievery brokerage of the Dmat account )

Basically the problem is i pay arouned 20-25 K per month delievery brokerage to religare Can i save it any how

Yes you will tell me that trade through us and save it but the problem is i require margins against my Stocks as i am basically hedging so cant be done till you provide marigins to sell futures and options against my holdings

IS there any other way out ??? to save my delievery brokerage