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5 paisa is conning to customer, they will ask you to open account free of cost ( they will reverse your rs. 650 after opening account)
Once you trap in their hands, they simply denies for reversal
This is my experience
In my case mr rajindar mob. 9650116009 has asked to open account at free of cost
Now their team is denying
I suppose to contact consumer court


Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

Yes you are 100% correct. They were told that If I will keep a balance of 25000 or securities equal to 25000 they will refund the account opening charges but now denying