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Please...Please...do not open DMAT account with Religare. Their service is worst. I have taken Race-lite package paying Rs. 4000. It takes 15 mns to open the trading platform with a broad band connection. It automativally disconnects very often. It takes ages to place both selling and buying order. Their customer service is always busy and even they do not respond properly for the queries.
I had very bad experience with their software. Some times it does not execute the order. They do not have even separate option for short selling. Apart from this, it is very complicate having the optio of DF, DH and DB.