"Their belief is to be respected, just as yours is.
What do you mean by respected?"
Absolutely, you are correct.
And you should expect to receive their respect for your belief, as well.
There are a huge number of Hindus on this planet. Many are very devout in their beliefs. There are a huge number of Christians on this planet. Many are very devout in their beliefs. One needn't share the beliefs of another to respect their belief and devotion to it.
You are confusing two different things. One is a respect for other persons, "Love thy neighbor". The other is respect for someone else's beliefs. Many other religions have truths in them and that I can respect. But, I cannot respect another religion's whole truth for their is only one Truth and it's name is Jesus Christ.