Initially, I was going to write a scathing review of Religare based on my experience of the past one year. But as I went through the reviews of other users.
I realised that there isn’t any need for me to air my negative experiences as almost all reviews of this broker show Religare’s pathetic response to existing clients. All I would like to say, though, is Please do not open an account with Religare securities.
They make sky-high promises while opening the account but once they have your money or shares, it is extremely difficult to transfer your shares or get your money back from Religare if you want to close your account. Your money is gone down the drain. Even the assistant managers and managers are incompetent & very insensitive to customer feedback. The **only recourse seems to be to go to court.
This review is meant for the benefit of people looking at opening new accounts. **Please avoid Religare Securities.