Reliance Money Annual Maintenance Charge Hiked

UPDATE: Reliance money is sending advertisement in inbox!

Annual Maintenance Charge should be hiked only after the present term is over. But Reliance money hiked it from October 1 2008 unilaterally.

August 27, 2008

Dear Beneficial Owner,

SUB: Changes in the Tariff Structure (Annual Maintenance Charges).

We would like to inform you that the Annual Maintenance Charges for a Beneficiary Owners account maintained with Reliance Capital Limited (DP ID: 13041400), has been revised to Rs. 200/- (Rupees Two Hundred only) from the existing charges of Rs. 50/- (Rupees Fifty only). This would be with effect from October 1, 2008.,


Thanking you,

Yours truly,

For Reliance Capital Ltd.



Authorized Signatory

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