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Seeing this web-site, I called up Religare Executive for details on opening the account. He obsolutely told that the data is totally wrong.

1. They pay no interest on un-utilised funds.
2. Annual demat charges of Rs.300/- needs to be paid
3. Brokerage of 0.5% for delivery and 0.05% for non-delivery.
4. Software charges of Rs.1800/- which is refundable.

When, I showed the web-site, he simply asked me to get in touch with the web-site and not Religare as no such products exists in their company.

Please check authenticity of the data on web-sites.