Hi bvpraveen,
There is a charge for opening the account of Rs750/= and they will take advance charge of Rs 500/= for trading 1 crore of worth transaction which you have to exhaust wihin 2 months. Totally they will charge you Rs 1250/= initially. You have to give a cheque for this amount along with the account opening form. By investing Rs 750/= you will get a platform by which you can trade equities, F&O, IPO, Insurance, Mutual Fund, Forex, Commodity in one window which is very convenient. For the time being they will give web based trading platform. After some time they have a proposal to give exe based platform, for which I was told they will not charge. Rs 12 is charged for any orders you place with them. Regarding the query about the availablity of their office in Banglore you can visit this link:
http://www.reliancemoney.com/ and search for the Banglore office address or you can call the help line where they will give you the contact no or address. gvnarendra