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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.