In the recent time the biggest mistake I did was opening an account with reliance money and transferring my cash to them from Indiabulls
I have paid 2500 to get. Unfortunately I have to visit their outlet for every single reasons, in case of customer support you have to be online for 5-10 min to get a response. Their brokerage charges are less but by the time you place the order and transact your decided price will be a history.
My account is in citi bank they don’t have any fund transfer facility with most of the banks including citi bank. Even though it is their shortfall they ask you to visit reliance money location to submit the cheque and it will take almost 4 days to get it credited on your account. I may miss the DLF IPO due to this, I sold some stocks today but I can not go for the IPO with that amount as they don’t allow to trade with that amount till actual transaction taken place
I am going to close my account shortly once the dp holding is sold.