Religare Consumer Complaints

 
 
 
 
 

Religare Account Opening Enquiry


  • Best Margin

  • Zero Brokerage.

  • Free Api

  • 24*7 Customer Support.

  • Fastest mobile support

 
Open Instant Online Account
 
Get Instant Call Back

Religare Consumer Complaints

Religare is a well-known full-service broker of India, started its operation in 1982 and facilitate you to invest in BSE, NSE MCX and NCDEX. Religare is a SEBI registered broker and a depositary participant of CDSL & NSDL. Religare offers to invest/trade in equity, derivative, futures, options, currency, commodity, IPO and mutual funds. It is a very transparent platform without any hidden charges as Religare charges brokerages 0.50% to 0.10% for intraday trades. Religare does not charges any amount on opening of demat account on its platform. It has already marked its presence in more than 1400 locations and continuously enhancing their services. Religare provide the facility to invest in equity, derivative, currency, commodity, mutual fund and IPO. Religare is one of the India’s best insurance company with brand name Care Health Insurance.
Religare offers demat and trading account on its platform. There are many trading software and tools available on this platform such as Religare online web, Religare Trade on the go and Dynami. While referring Religare to any individual, you can earn money.

Complaint against Religare:

Share market is a way of investing money in the listed companies. Every trader follows their own strategy but while trading, various problems used to come from broker’s end. Customers/clients used to register those complaints of broker at national exchanges BSE and NSE. Such complaints are serious grievances against Religare which the broker has failed to resolve. Such complaints may be related to fund transfer, demat/trading account, trading platforms, products & services, brokerage, exposure, NRI account, account opening etc. This complaint data is provided by BSE and NSE and it shows overall health of Religare.
These complaint report also provides the total no of active customers of Religare as well as it shows the growth of the broker year on year.

Religare Consumer Complaints:

Financial Year

Exchange

Number of Clients

Total Complaints

Percentage

2021-22

NSE

134,698

6

0.005%

2020-21

NSE

132,953

72

0.05%

2019-20

BSE

45,703

10

0.02%

NSE

111,663

49

0.04%

2018-19

BSE

42,299

5

0.01%

NSE

162,159

71

0.04%

2017-18

BSE

75,882

20

0.02%

NSE

143,899

80

0.06%

2016-17

BSE

52,059

23

0.04%

NSE

120,768

85

0.07%

2015-16

BSE

54,949

32

0.06%

NSE

120,295

111

0.09%

2014-15

BSE

40,209

49

0.12%

NSE

129,615

188

0.15%

2013-14

BSE

821,494

45

0.005%

NSE

116,113

170

0.15%

2012-13

BSE

795,817

53

0.006%

NSE

803,649

178

0.02%

2011-12

BSE

756,119

180

0.002%

NSE

769,223

359

0.05%

 

Religare Complaint at NSE

Entity

2021-22

2020-21

2019-20

Defaulter

No

No

No

Number of active clients

134,698

132,953

111,663

Number of complaints received

6

72

49

Resolved through the exchange

3

57

44

Non-actionable

2

11

2

Advised/Opted for arbitration

0

2

0

Pending for redressal with exchange

1

2

3

No. of arbitration filed by clients

 

6

6

Decided by arbitrators in favour of the clients

 

1

6

Decided by the arbitrators

 

0

1

Pending for redressal with arbitrators

 

5

0

 

Religare Complaint at BSE

Entity

2019-20

2018-19

2017-18

Defaulter

No

No

No

Number of active clients

45,703

42,299

75,882

Number of complaints received

10

5

20

Resolved through the exchange

10

4

20

Non-actionable

0

0

0

Advised/Opted for arbitration

0

0

1

Pending for redressal with exchange

0

1

2

No. of arbitration filed by clients

0

0

1

Decided by arbitrators in favour of the clients

0

0

0

Decided by the arbitrators

0

0

0

Pending for redressal with arbitrators

0

0

0


 


Frequently Asked Questions


You will receive a welcome kit containing the profile sheet on activation of trading account. Profile sheet of trading account contains the detail of demat account linked with your trading account.
Yes, Religare offers call and trade facility at Rs 10 per executed order (maximum Rs 50 per day in a segment).
Yes, Religare provide the facility of online IPO application.
No, Religare broking does not provide the facility of chat support to the clients.
If you opted for Limited Purpose Power of Attorney then broker will show the stock available in your demat account as POA Stock in the stock report and to trade further, you can also avail margin benefit .
No, Religare does not charge any extra brokerage on cancelling and modifying an order. Transparency is the key quality of Religare.
Yes, Religare is a world-wide platform which is always ready to resolve your trading queries and provide you world-class services. You may need to call on 1860 25 88888, company’s representative will assist you and you can ask for any representative to visit your home with the account opening form and on the scheduled date, company’s representative will visit at your place.
No, Religare broking does not allow forex trading on its platform.
No, Religare only offers 2-in-1 account on its platform.
Religare is equipped with many unique features such as demat account opening with zero AMC charges, handsome leverage facility for intraday trading, online & offline account opening facility method, trading software & tools and more than 1500+ branches are available across India.
3.15 PM is the intraday square-off time with Religare broking.
Yes, you can place After Market Order (AMO) on Religare.
You can hold bonds, shares, mutual fund units, infrastructure bond, ETF, government bond in your demat account.
NRIs/PIOs are allowed to open only one account with any designated bank in a prescribed format for PIS account then that bank can issue a PIS approval letter to the investor.
No, Religare does not offer to invest in US stocks.
Yes, any NRI around the world can invest in Indian Share market through Religare.

Religare Reviews