Reliance money doubles limit card charges
The revised Tariff Structure would be applicable with effect from January 1, 2009.
Revised Tariff structure:
Promotional Scheme (PR-500) Value of Rs.500 ( No Change) - Allows a cumulative turnover limit of Rs.2 Lakhs, in non delivery trading and delivery trading and time span of 12 months, whichever is exhausted earlier.
Limit Card Value of Rs.1000 (Bi-monthly Rs.1000)- Allows a total turnover of Rs.1 crore and time span of 2 months, whichever is exhausted earlier. Utilisation of the turnover limit of Rs.1 crore may be in non delivery trading of Rs.1 crore, or Rs.10 lacs in delivery and Rs.90 lacs in non delivery trading.
Limit Card Value of Rs.2500 (Half Yearly Rs. 2500)- Allows a total turnover of Rs.3 crores and time span of 6 months, whichever is exhausted earlier. Utilisation of the turnover limit of Rs.3 crores may be in non delivery trading of Rs.3 crores, or Rs.30 lacs in delivery and Rs.2.70 crores in non delivery trading.
Limit Card Value of Rs.5000 ( Annual Rs. 5000)- Allows a total turnover of Rs.7 crores and time span of 12 months, whichever is exhausted earlier. Utilisation of the turnover limit of Rs.7 crores may be in non delivery trading of Rs.7 crores, or Rs.70 lacs in delivery and Rs.6.30 crores in non delivery trading.
Limit Card Value of Rs.10000 ( Annual Rs. 10000)- Allows a total turnover of Rs.20 crore and time span of 12 months, whichever is exhausted earlier. Utilisation of the turnover limit of Rs.20 crores may be in non delivery trading of Rs.20 crores, or Rs.2 crores in delivery and Rs.18 crores in non delivery trading.