Reliance Financial Limited (RFL) is a 100% subsidiary of Reliance Capital Limited (RCL) and is registered with the Reserve Bank of India (RBI) as a Non-Banking Financial Company (NBFC) since 2006.
RFL is engaged in the business of financing, money lending and capital market linked financing activities; mainly margin funding, loan against securities (equity, bonds, mutual fund units) as well as short term financing for applying in Primary Market Issues (IPOs and FPOs).
About Reliance Capital The parent entity of Reliance Financial Limited
Reliance Capital is part of the Reliance Group and is amongst India's leading and most valuable financial services companies in the private sector. Reliance Capital has interests in asset management and mutual funds; life and general insurance; commercial finance; equities and commodities broking; wealth management services; distribution of financial products; asset reconstruction; proprietary investments and other activities in financial services.
Reliance Capital has a net worth of Rs. 16,605 Crore (US $ 2.6 Billion) and Total Assets of Rs. 93,851 Crore (US $ 14.4 Billion) as on March 31, 2018.
Our Offerings
Margin Trade Finance
Reliance Financial Limited offers Margin Trade Finance facility currently to customers who have a trading account with Reliance Securities Limited (RSL). This facility allows the investors to take leverage positions in the stock marketwherein the client pays margin (depending upon the scrip) and the rest is funded by us. We offer this facility at a competitive rate of interest.
Client needs to open a Demat account with Reliance Securities Limited and a specified bank account. The Power Of Attorney for both these accounts shall be in our favour.
Reliance Financial Limited offers Loan against Securities in the form of a term loan at an attractive rate of interest. This is secured against pledge of financial securities like equity shares / mutual funds / bonds / etc from a pool of pre-approved list of securities. The loan facilities are sanctioned on the basis of the credit appraisal of the borrower. The standard tenor of the loan is 1year or above. The interest rate is fixed and it is to be serviced as per the schedule dates as mentioned in the loan documentation.
Client needs to open a Demat account with Reliance Securities Limited and a specified bank account. The Power Of Attorney for both these accounts shall be in our favour.
Reliance Financial Limited offers loan facility to its customers for applying in the Primary Market Issues (IPOs and FPOs). With this facility, clients can apply in IPOs/FPOs by giving margin money only.
Reliance Financial Limited (RFL) issues Rated, Listed, Secured, Redeemable, Principal Protected Non-Convertible Market Linked Debentures (MLDs) that combine features of debt and equities / commodities / rates / customized indices, etc. These MLDs offer investors an opportunity to invest in tailor-made products which may be suited to their market expectation and investment horizon, and can potentially earn better returns than fixed deposits. Since these are debt instruments, the principal is payable at par on maturity irrespective of the market conditions subject to the credit risk of the Issuer.
Please review the relevant offer document / memorandum of private placement / pricing supplement relating to the specific MLDs for details on the MLDs including their risk factors. Credit Analysis & Research Limited (CARE) and CRISIL Limited have been appointed as the valuation agency for valuation of these debentures.
As per the Guidelines for Issuer and Listing of Structured Products / Market Linked Debentures dates September 28, 2011 issued by SEBI, depending on the valuation agency mentioned in the offer document / memorandum of private placement / pricing supplement; latest and historical valuations provided by CARE and CRISIL will be available as below :
The valuation provided by the valuation agency may vary from the value determined by RFL. RFL shall not be obliged to consider or rely upon the valuation provided by the valuation agency.
