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 Religare Customer Reviews, Complaints, Experiences & True Feedback

Religare

Religare is an emerging markets financial services group with a presence across Asia, Africa, Middle East, Europe, and the Americas. In India, Religare's largest market, the group offers a wide array of products and services including broking, insur... Know more about Religare

Stock Broker Review Ratings

Overall Rating Fees Brokerage Usability Customer Service 52 votes
Rated 3.0 stars Rated 3.2 stars Rated 3.2 stars Rated 3.1 stars Rated 3.0 stars Rate
              

65. goutam  Sep 19, 2008 5:23:00 PM IST |  Reply 

friend plz not open account with Religare. Religare has huge software problem. first of all it takes time to open the trading site and it hangs many times during trading hour.their customer support is very poor. please think before you open your account with religare.

64. B.E.SUBRAMANI  Sep 17, 2008 6:05:51 PM IST |  Reply 

I am already having Demat Account(opened through Reliance money). Right now I am trading with Reliance Money but I
am not satisfied with the service. Because of there delayed response lethargical way of handling the clients
leads to loss in business. Henceforth I would like to trade
with u I possible. Since the Demant Account already opened
through Reliance money is it possible to trade though u.
Awaiting ur response with detailed Terms and Conditions.

Thanking u,

B.E.SUBRAMANI

63. raja  Sep 9, 2008 3:17:33 PM IST |  Reply 

when compared to others, religare software is slow. If you are interday trader, please look for other service provider.

62. jitendra kumar   Sep 5, 2008 9:50:36 AM IST |  Reply 

i m jitendra , i have already account in religare but now i wan online trading so what processor of on line trading.........

61. rochak yadav  Aug 21, 2008 5:42:09 PM IST |  Reply 

i m rochak , i have already account in religare but now i wan online trading so what processor of on line trading.........

60. mahendar  Jul 27, 2008 3:51:52 PM IST |  Reply 

religare race pro software is best suited to slow traders
and mostly who does delivery buying & selling. Because some times orders which are pending are get stuck in that column, they niether get modified or cancelled. i.e software system hangs up some times and by the time head office staff get clear that hang the rates may go down or up. Think twice before going for religare

59. sairam  Jul 25, 2008 6:45:57 PM IST |  Reply 

religare executives providing best service they wish to come several times whenever d customer needs service

58. manish  Jul 13, 2008 4:01:11 PM IST |  Reply 

The Service is very bad. I cannot open New Race account. And nobody ready to answer. So please friend plz not open account with Religare. Religare has huge software problem. It hangs many times during trading hour. And you can not trade in Z group stocks.. So think twice before opening account here. My suggestion "Plz Donít. Its really bad"

57. sanjay  Jul 10, 2008 2:20:31 PM IST |  Reply 

religare executives giving superb service i tried reliance compare to service RELIGARE they are nothing

56. Sanjeev Srivastva  Jun 26, 2008 3:15:42 PM IST |  Reply 

i just want to know, if i open trading account in ur concern dat the money of rs 5000 dat is required is refundable or not. can i use this amount to invest in equities. or such amount will be deemed worst.

55. deepak kumar  Jun 25, 2008 1:40:36 PM IST |  Reply 

hi
im race pro client and i m unable to download trading software,can anyone helpme out to get the software

54. Satish Kumar  Jun 20, 2008 7:29:59 PM IST |  Reply 

In spite of sending 2 SMS's to your number since the last 3 weeks, the standard reply was "Our religare team will contact you". In splite of the lapse of time of 3 weeks still it is unfortunate that no body from your end has the time to contact the customer.
Would you not think it is bad service ?
If the service at the initial stage is like this then what can be expected in the future ?

53. Saurabh jain  Jun 4, 2008 5:34:26 PM IST |  Reply 

Hi frnds .... I have a online account with religare, R-ACE Pro ... I paid Rs. 1800 for this, refundable... only if u give them brokerage of more than 1800 in a year... The software is good but the people r not good ... they care for u only if u r BIG CLIENT and bull s- - t if u r small client... my experiance is not good with them ... they charge interest on delayed payemnt ...for them, delayed payment means that if u buy shares on monday pay on tuesday else they charge interest and pay nothing for unutilised amt... my RM left the Religare and no one bothered to inform me abt that and it has been more than 4-5 months i have no informatin abt my RM....
In short after having experiance with them and listening to the views of other small investors i have come to conclusion that .... small investors shud open account with local brokers only or at the most brokers with regional operations only .... they atleast give u good service and if u have any problem they listen to u patiently and solve it immediately ....

52. Anubhav  Jun 4, 2008 2:03:33 AM IST |  Reply 

Hi ,
i new in this field n i want to start trading but i m not able select the broker as when i opt to go for RELIANCE MONEY , i find there is much negligience from there side n i found same thing here And in case of SARE KHAN i found there broakage is on d bit higher side
SO PLEASE GUIDE TO OPT A GOOD BROKAGE ....

51. KD DEEPAk  May 30, 2008 6:51:05 PM IST |  Reply 

RELIGARE is the worst service provider. haven't recd my refund of RELIANCE POWER IPO yet. No help from customer care.

50. GANESH ACHARYA  May 27, 2008 9:31:07 PM IST |  Reply 

Hi,
I felt out of all brokarae house, RELIGARE is the worst service provider.i have accounts with icicidirect, reliance money, indiainfo and of course INDIABULLS.
the best ever in the broking house is indiabulls.
the customised software is damm good. ( power indiabulls)(PIB))
in religare if you are placing a short call with huge qty ( 500 to 7000), then their software fails to square off your position, as a result the whole short call's quantity will be taken as delivery........ ( really surprising!!!!)
the instead of intraday brokarage they will charge with hefty delivery brokarage( this happend with my account's N' no. of times). in my case they have taken delivery for nearly 80 lakh rupees shares as delivery, and they sucked my money like anything........ as brokarage.
if u ask them,they will tell you that" they can't do anything for technical problem........."
so every body PLEASE DON'T TAKE RELIGARE ACCOUNT""""""
icicidirect is not a user friendly account.
in indiabulls you can at a time watch N no. of orderbooks ( market depth in case of religare, best 5 bid/ in case of icicidirect)
in all other trading software, at a time you can hardly watch 1 order book, not more than that.

for more information refer http://power.indiabulls.com/

Thanks ..........

49. RATNESH HARNAGLE  May 19, 2008 1:11:08 PM IST |  Reply 

THE WORST SERVICE I ALSO EXPERIENCED FROM 1 MONTH I CAN'T ACCESS MY ACCOUNT SO MY INSTRUCTION IS NOT TO OPEN AN ACCOUNT IN RELIGARE.

48. Nilesh  May 12, 2008 3:04:11 PM IST |  Reply 

The best thing about Religare is that its web site works only in Internet Explorer. I am using linux machine and it obviously dont run IE. I use Mozilla and Religare site succks... here. So, I will suggest if you dont have option of IE dont fo with Religare.

47. Dharmendra singh  May 11, 2008 2:10:19 PM IST |  Reply 

worst service provider who could not open my demat acount for last 02 months from Latur branch.an irresponsible behaviour from company.

46. Ramesh  May 3, 2008 10:39:45 AM IST |  Reply 

Pls dont open an account with religare as they r the worst service provider in this category. I have applied for a demat account and it took 45 days to activate my account. my money struck with them 45 days. Whenever i do trading i am getting n number of errors which i didn't get a proper solution from their customer service executives. So i will rate them 1 out of 5.

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