Stop RMS selling

Client will come in RMS selling if client is having debit more than T+7 working days. Client can avoid RMS selling by giving ‘stop RMS selling request’ from below path:

Biz ops >>> Request >>>Help>>>Service Request >>> Query Head >>>select appropriate Sub query.

Note: Selling cannot be stopped for Collateral selling and Monday to Friday RMS selling product.

RMS selling can be stopped provided when client:

Has done fund transfer(online)
Liquidates the holding stocks prior to RMS selling day
Square off open position
Deposited cheque and pay-in slip is shared through mail to RMS
Client can request a maximum of 3 times in a month to hold RMS selling.
RMS selling considered for Cash segment and F&O segment.
The code can be put in RMS exception basis approval from the Regional Head / Authorized Person with valid reason.
Service request punched on Saturday for stop RMS selling unable to consider.
If online fund transfer is confirmed by bank before RMS selling then those codes are considered for ‘stop RMS selling’.

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