It seems!!

It is the best Indian exchange platform to transact with. Another choice is coindelta which has more currency enlisted there.
I am taking back my words

as the recent announcement says you will be charged 2.36% for INR withdrawal and 2% for INR deposit.
This is really a loot if they are charging you for deposit and withdrawal. I had heard of btc withdrawal fees but for amount deposit and withdrawal fees is like too much . So approx 5% fees I pay for a trade including the buy/sell trade fees. I think users will shift to other better exchanges than such exchange who are new in this field and charging much higher than the old exchanges.