Free Trading + Demat Account

Religare Stock Trading, Demat, Brokerage and Reviews 2017

Incorporated in 1986, Religare Securities Ltd (RSL) is a subsidiary of Religare Enterprises Limited, New Delhi based diversified financial group.

Religare Securities offers retail broking, depository services and other related investment services to customers located across India. Religare has physical presence in over 500 cities though its branches and sub-brokers. This makes Religare one of the largest brick and mortar stock broker offering personalize services to over 10 lakh customers.

The services offered by Religare includes trading in equity, equity derivatives, currency derivatives, commodity, demat account and its related services, Mutual Funds, NCD, IPO ect.

Religare is member of BSE, NSE, MCX and NCDEX exchanges. Religare offers demat account service through NSDL and CDSL.

Online Trading though its installable trading terminal, website and mobile trading application are the latest push from the broker to cater do-it-yourself type of customers. Religare offers one of the best online trading platform in India stock market.

Special Offer: Get Free Trading + Demat Account for limited time. Get the offer.

Religare Rating (by the customers)

66 Votes

Overall Rating Rated 3.0 stars 3.0/5
Fees Rated 3.2 stars 3.2/5
Brokerage Rated 3.1 stars 3.1/5
Usability Rated 3.1 stars 3.1/5
Customer Service Rated 3.0 stars 3.0/5

Do you trade with Religare? Rate Religare

Information about Religare account opening, Religare open account, Religare opening charges, Religare account opening charges, Religare account opening status, Religare amc charges, Religare account charges, Religare account closure

Account Types

Religare offers 2-in-1 account which includes an online trading and a demat account to its customers. The trading account is a mandatory account for the customers to buy or sell shares at stock exchanges. The demat accounts is for customer to hold securities in electronic format.

The 2-in-1 online trading account by Religare offers instant trading through web, mobile app & phone.

Religare Special Offers

Religare offer FREE Trading + Demat Account. In addition you get Rs 0 AMC on Demat Account for 1st year.

This is a limited time offer. Simply leave your contact information with us and religare representatives will contact you.

How to open account with Religare?

To trade in stock or commodity exchanges in India, customer need a trading account. Religare offers trading and demat account combo which offers seamless transactions between these two accounts.

You can open an account with Religare two way:

  1. Online Account Opening – The fastest and most preferable way of account opening which takes just few minutes. With the PAN Number provided, most of customer information is pulled from centralized eKYC systems and filled in the form automatically.
  2. Visiting Branch of Religare – Alternatively you could also visit Religare branch or call them to arrange a form pickup from home.

Get information about Religare broker, Religare branches, Religare sub broker, Religare support, Religare customer care, Religare user reviews, Religare user manual, Religare website, Religare review and Religare toll free number

Contact Religare / Request Call Back

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Religare Pros and Cons

Religare Advantages

  1. Offers margin against shares facility to trade on existing demat holding.
  2. Life time AMC free account is available for Rs 2500 onetime payment.
  3. Offers research recommendations and powerful research tools.
  4. Facility is available to fund your account by dropping the check in the branch.

Religare Disadvantages

  1. Call and Trade is charged at Rs 10 per executed order (maximum Rs 50 per day in a segment).

Religare Complaints received at BSE / NSE:

Number of customer complained against Religare share broker. The Religare consumer complaints provide the summary of grievance which went to exchange for resolution.

Religare consumer complaints
Exchange Financial Year Number of Clients * Total Complaints **
BSE 2016-17 35,656 13
NSE 2016-17 118,389 60
BSE 2015-16 54,939 30
NSE 2015-16 120,282 109
BSE 2014-15 40,201 47
NSE 2014-15 129,609 186
BSE 2013-14 821,485 43
NSE 2013-14 116,104 168
BSE 2012-13 795,803 51
NSE 2012-13 803,640 176
BSE 2011-12 756,105 178
NSE 2011-12 769,215 357

* Number of active clients the broker or trading member has. As per SEBI guidelines each broker reports the newly added clients to the exchange though unique client code (ucc) process. The informaiton on this page is provided by the exchange.

** The total number of complaint received against the broker at the given exchange.

Useful links about Religare

  1. Website:

Enquiry Form

Religare Reviews

242. Sunil  Oct 12, 2017 8:44:41 PM IST Reply
Good service

Need to improvement mobile trading app

241. amar kumar  Jun 5, 2017 8:35:03 AM IST Reply
mera brokerage rate change kyu hua kha se hua
240. sudhir  Mar 9, 2017 11:55:38 AM IST Reply
effective working


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
239. Mihir  Aug 19, 2016 1:32:41 AM IST Reply
Overall service and flatform is good.
Just one complain - They don''''t give online fund withdrawal facility.


Brokerage - Average
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Above Average
Overall Experience - Above Average
238. Vasanth Pai  Jun 14, 2016 11:34:28 AM IST Reply
Religare securities ,
Horrible company closed its branch in Mangalore overnite and ran away. no notice no information. all the investors are struggling to transfer their holdings. Mangalore 4916 branch closed overnite and i donot know how many more are closing. All the account holders have no clue. one day you visit the branch office and you find the Branch is closed. it happened to me when i visited its Mangalore office on 18 05-2016.
An employee calls you fro a branch 500 kms away and tells you that we are shifting .

237. Usha Sharma W/O/ Gopal Kishore Sharma  Jan 14, 2016 8:58:26 AM IST Reply
Aapka Kashipur office Mansi Securuties close ho gaya hai. mera Client Id 11484300
hai mujhe apna mail ID update karna hai , account activate karna hai aur delivery
instruction book magani hai .Plz guide kare .
236. AB  Dec 31, 2015 11:01:48 AM IST Reply
Have been using it for over 5yrs. Service is good and provides good transparency in dealings.


Brokerage - Above Average
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Above Average
Overall Experience - Above Average
235. jagesh popat  Sep 30, 2015 4:37:33 PM IST Reply
The negatives of Religare are:
the account cash is squared off quarterly.
password is to be changed every fortnight.
no mobile trading app for regular accounts.
limitation in portfolio of products like MF, bonds, FD etc.


Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Below Average
Customer Service - Below Average
Overall Experience - Below Average
234. ritesh bhatt  Sep 3, 2015 7:47:29 PM IST Reply
If you are gaining in trading...broking furms what is charging dosn''t mater...if you geting loss when start to calculate the brokrage...i mean to say religare giving best...


Brokerage - Below Average
Account Maintenance Fees - Excellent
Website Usability - Below Average
Customer Service - Excellent
Overall Experience - Above Average
233. anil krishna  Aug 18, 2015 1:46:11 PM IST Reply
I dont think that the services of Religare are good. The reason is that after puchasing shares if you deposit a cheque the other companies are giving receipt and effecing it on the same day. Whereas the Religare is not crediting the cheque immediately and even after they receive the proceeds and charging 21% on the outstanding amount till they credit the cheque amount. It is unfair and unethical. Customers cannot pay the amount by way of cash. So they will give cheque which is equalent to the cash. If the cheque is returned unpaid it is reasonalble to collect Interest and other charges but the company is not following the rule and making loss to its customers.
232. Prashant karwa  Jul 17, 2015 11:21:57 AM IST Reply
website usage is very poor, while trading makes feel outdated website and very old technique, while funds transfer having problem both online and offline, brokerage charges is below average
231. krishnan  May 14, 2015 10:28:35 PM IST Reply
Please let me have your details through mail, rather than phone call.
What are your brokerage rates ? You sent a message, it is free and no AMC. Then what is the benefit for you by arranging Trading ? I am already having D-Mat account with Reliance Securities and UAE.
230. Ramamoorthy.T  Jan 14, 2015 7:14:05 PM IST Reply
I opened a trading account with Religare as they said account opening is free. But the branch manager Coimbatore obtained a cheque for Rs500/ promising to credit my account. He promised low brokerage charges. But the letter from Religare showed higher brokerage charges. So I stopped payment on Rs10000/ cheque issued by me and asked them to refund Rs500/. They never responded and sent a bill for Rs445/ towards demat account maintenace. They are cheats.
229. CHowdappa  Oct 15, 2014 6:59:23 PM IST Reply
Religare doesn''t provide good service in tranfer funds in and out. Also has so many hidden charges. They will not respond if you ask the same. I have proofs in written.

I don''t preper to stay with Religare.
229.1. Parul  Dec 24, 2014 10:51:29 AM IST
I never face any such problem from 2008.
229.2. Parul Rakesh Shah  Feb 13, 2015 4:41:39 PM IST
I am with Religare from last about 5 yrs. Only Religar deposites interest on our amount in treding account. And credit and deposite from our account occurs very easily... No problme at all..
228. Gorak  Sep 23, 2014 4:25:41 PM IST Reply
Forget about the services they provided,the dealers who do the trading just loot your money,there is no proper forecasting,they will force you to buy and sell before the minute sensex is going up.better to avoid this brokerage.
227. arc  Aug 22, 2014 10:07:56 AM IST Reply
See your contract note for other charges if you place orders over the phone ..
226. Magesh  Jul 31, 2014 8:54:47 PM IST Reply
Very wost experience, the securities they are provided is always down. And I opened the account 2 month back i am still avaiting to get my welcome kit. After 2 month only I got access to accout to operate myself.

And my experience with Religare more worst. Going to close the account ASAP.


Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
225. d.somasundaram  Feb 7, 2014 8:22:34 PM IST Reply
brokerage high . customer service bad
224. ashutosh jha  May 17, 2013 6:53:59 PM IST Reply
dear religare,
i m happy with ur services,but i m not happy with ur R.M,in march 2012 ur RM gaurav opened my account said i will give u .01 /.001 % brokerage intraday n delivery respectively where as promised me i will give rs 12 per lot for currency.,u know i m getting .05/n .5% brokerage in intra n delivery, in currency rs 25 per lot.due to high brokerage charges i m going to close my account i will never recommend to any one of ur broking company,n will opened my account with ANGEL,which provide me 1 paisa n 10 paisa n currency for 10rs per lot
lastly i m w8ing til 1st june if my brokerages will b reduced as per per my requirement thn i will still continue with religare.
223. ashutosh kumar jha  May 13, 2013 11:22:39 PM IST Reply
religare service provides excellent services,but too much brokerage.

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