I have demat accounts with 3 brokerages out of which one is religare.
After using religare since a year, ive already switched to other brokerages due to its poor service.
Its processing is really really slow which is just opposite to what a brokerage house should offer in stock market where every second counts.
I’ve lost many Discounted prices due to religare’s slow processing of order.
One more big concern I experienced was while applying for mutual funds SIP.
Whenever I applied for it, it returned unsucessful with the message that my bank details are not found. After constant complaints and calls to religare my problem didnt get solved(even till this date) . So I had to Apply through another Demat account.