Motilal Oswal
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Motilal Oswal Complaints & Reviews

P
Pjyoti
from BHUBANESWAR, Odisha
Mar 29, 2024
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Complain on Purchase of TGS SOFTWARE

Address:BHUBANESWAR Odisha

Dear Sir/Madam
I was purchased TGS Software in the month may 2023 from Motilal oswal.The employee prasant who was called over phone & told me you will make money in our recommendation stock.This Software will give you good stock & index option chain recommendation. After installing the software..i was just checked butthere was no recommendation on stock & index option chain.I have also till Date no trade executed. So I had requested...
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Christina Simon
from Mumbai, Maharashtra
Dec 14, 2023
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TGS Software Purchase through Manipulation

I hold a demat account with Motilal Oswal. Never trust advicros from Motilal Oswal as they give you false commitments and make huge losses. My advisor started trading in options and started making losses. When iI exhausted the money to invest, he made me pledge all my shares and trade. Further when losses continued, he said purchasing TGS will help in consistent and accurate trades. All this while this advisor kept losing my money with losses...
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S
Shash0803
Oct 31, 2023
Nov 22, 2023
This thread was updated on Nov 22, 2023
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Continuous loss making trades and whopping loss of 17 lakhs in just 4 months

Team,

I am reaching out to you seeking resolution for the unprofessional and inefficient advisory services provided from the MOSL advisory team for trading in F&O segment. These trades were taken by strongly convincing me of positive market moves and most of the times to recover the losses in previous trades.

The first trade of this spell started in the month of May 2023 which was taken by Emanuel; he forcingly...
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G
Gau_rav19
Jul 4, 2023
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Demat

Worst brokerage company...
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M
Michell736
Jun 4, 2023
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They roobed me

For the past weeks, I have been trying to withdraw my money but it kept writing errors, I advise everyone not to put their money on this site and if you have your money stalked with you can as well reach out. If not for ( w w w. Glowban circuit .Tech ) i checked .. They were the ones who assisted me to get my funds back....
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S
sharvil128
from Mumbai, Maharashtra
Apr 21, 2023
Apr 24, 2023
This thread was updated on Apr 24, 2023
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Motilal oswal has robbed my lifetime savings

I have been a customer with Motilal Oswal for 5 years and have made a profit of 11, 000rs. One day I get numerous calls from one of their agent named Hritik Sarvaiya saying he will help maximize profits and addressed me as his mom and said will take care of my money as his own. The next day I get numerous calls again asking me to ‘pledge’ my portfolio. As a layman I did not know anything about this nor was I informed of the same. At 4pm...
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M
Mangala1256
Apr 8, 2023
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Regarsing forclosure

Address:Nashik

Myself sudhakar yeola having loan ac no with motilal oswal is LXMONASHIK[protected].i requested them to release my forclosure as i have sanction loam from au bank but theie customer care team only call for comtinue my loan with them n offer top up.loan also with 14%roi while i had sactioned loan i. Au bank with 10%roi.not any feedback of my forclosure so plz take action against motilal oswal...
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S
sushant86
Mar 16, 2023
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Housing Loan

Address:maharashtra
Website:motiwala owsal

My Self (Mr. Sushant Chavan) I had book a 2 flat at Karrm Infrastructure Pvt Ltd at Shahpur Project on 11.10.2015 on that I had complete all the document Process with Builder & that time total value of both the flat was 8, 57, 536/- & that time while booking I had paid 3, 47, 029. & i had not apply for any loan on that time I had told builder however the work will happen I will pay the amount. But till now nothing work as happen.
br...
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A
Annusaya
Jan 5, 2023
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Back to back spam calls every 15mins non stop

I'm just not intd to attend any calls of motilal oswal, these group is just spamming like hell, if I'm not answering that call for once, immediately every second they will keep on spamming,

Worst experience ever, how can these People keep on spamming like this and for what reason, even after telling them for 100th time, please unsubscribe my number, I don't want you guys to call me still very 10 mins same ###...
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A
Aditya9716
from Delhi, Delhi
Dec 31, 2022
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Trading

Website:www.motilaloswal.com

I had opened my account in motilal oswal for transferring my shares from physical format to demat form. Everything was fine when one day one of there advisors contacted me that they would trade from my side and earn me profits. I agreed to them as being an investor everyone needs profit. But they traded on such moments and trade that i had lost roughly 4 lacs through their advisors and after complaining to motilal oswal they are like you...
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N
nishaneena
Nov 30, 2022
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False Trade for huge brokerage

I am a investor in Motilal Oswal(SRMN1272) and slowly I was trying to accommodate shares of good Company for my future. It took almost a year to put all my saving in MO trading account for accommodating multiple shares worth approx. 3 Lacks. Since last one year, as we all know market came down due to some global issues and hence my share values came down and I was incurring loss of approx. 20k, which was ok for me as I am a long time investor,...
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U
user29
from Bengaluru, Karnataka
Sep 30, 2022
Nov 26, 2022
This thread was updated on Nov 26, 2022
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They loot gullible clients like me

Address:Motilal Oswal, Mumbai
Website:MotilalOswal.com

I’ve been on MO platform for 3 yeaee Rs s now and each time an advisor is assigned he or she has allowed my investment to dwindle.
Yesterday was the fourth time I’ve lost all my portfolio due to an ambitious adviser named Komal. Either I’m a fool to keep falling for their promises or they are so well trained to convince clients like me to bet heavy.
Each time I agree for only 10 lots of trading but yesterday a senior...
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N
Nikhilj143
from New delhi, Delhi
Sep 21, 2022
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Sip charges

I tried to start an sip using motilal oswal app and while making the payment some error occured and i contacted the customer care team.they said as the payment was not debited transaction was unsuccessful I can start another one like they said.I tried again and same error occured.so i waited few days and tried again.this time it was successful.but from next month i came to know the hidden charges.everymonth they will charges for each sip...
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D
Dipesh Sahni
Sep 13, 2022
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So many annoying calls

Address:Mumbai
Website:www.motilaloswal.com

Hello Team,

I'm getting too many annoying calls from Motilaloswal after creating the account. Daily I'm getting more than 10 + Calls which is very irritating I requested several times to stop calling me but they are not listening and keep calling me again and again.
It's very annoying and frustrating....
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A
Amar Nahar
Sep 6, 2022
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Stop calling

Address:Motilal Oswal

I have tried to open demate account on M.Oswal trading app and then after that i changed my thought and deleted the apk . Now they are calling 7-8 times in a day and i have already been told them all that plz stop this calling and now its too harassing.
Plz i request the company to Stop this All calling ###....
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B
Babagiri
Sep 2, 2022
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They stole my money and never replied to my test

I invested a lot of money with Motilal Oswal, about 5lahks, they stop responding to my call for weeks, am happy I was able to recover back my money with the help of “ Glob altra dere covery. n et...
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S
Sagarnil Roy
from Kharagpur, West Bengal
Aug 25, 2022
Aug 29, 2022
This thread was updated on Aug 29, 2022
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Stock market fraud and looting hard earned money

I am Sagarnil Roy from Burdwan, WB. I have lodged a complaint against your sub broker named Gaurav Punglia hailing from Chittorgarh, Rajasthan for frauding me of around Rs.150000 in lieu of LIC and Ethos IPO. Neither the amount nor the shares have bern credited in my account....
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S
sanjeevg77
Aug 6, 2022
Sep 2, 2022
This thread was updated on Sep 2, 2022
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Unfair forced Trading Account Broking Charges

I had joined through a MO broker and he let me into huge losses and left, even after that my two accounts were getting annual charges for recommendations from broker who had already left. After complaning to MO team multiple times no action is taken and whenever I do followup the account manager gets changed. Now they are just adding interest daily to my account.

Very unprofessional behaviour and unhelpful firm. No respect...
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S
Sagarnil Roy
from Kharagpur, West Bengal
Jun 17, 2022
Aug 30, 2022
This thread was updated on Aug 30, 2022
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Stock market fraud

I have lodged a complaint against your sub broker named Gaurav Punglia hailing from Chittorgarh, Rajasthan for frauding me of around Rs.150000 in lieu of LIC and Ethos IPO. Neither the amount nor the shares have bern credited in my account. I would like to know the actions taken by you as the person is doing fraud under your company name ....
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D
Dharmendra Beniwal
May 30, 2022
Aug 30, 2022
This thread was updated on Aug 30, 2022
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Refund my money

Address:Mumbai

I got losses through this company their adviser take a call many times without my confirmation and gave me big losses in trade. Their adviser are totally fraud and gave losses in every Trade. Many times I told them that please maintain stoploss but they can't maintain so I got big losses in trade. They never responded any my call. Total fraud company....
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A
Anjali Dande
May 11, 2022
May 13, 2022
This thread was updated on May 13, 2022
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Trading from my account without my consent and making huge loss.

Address:Bhandarkar Road, Pune

This is with regard to motilal oswal securities account.
This is the 3rd time I have been maliciously deceived by motilal oswal services.
I have faced issues like good stock have been sold from my account without my knowledge.
Neither I have an order nor any intimation via phone calls still the stocks are getting sold from my account.
"Shame on the services, Immediately I am transferring my account from here"...
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D
Dpkkk
from Pune, Maharashtra
May 2, 2022
Aug 30, 2022
This thread was updated on Aug 30, 2022
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MO grievances and management complaint

Address:Motilal oswal mumbai branch

MO is very unprofessional team, their grievances doesn't have senses to address the concern of customer they only revert with one directional comments as per escalated manager/advisor instead of admitting the mistakes blame customer for losses unnecessary, no response to share higher authority email/contact on their incomplete answers, answers are totally generic and not to specific asks. Lot of struggle to get recovery of 40k because of...
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G'shyam Das
from Powai, Maharashtra
Apr 27, 2022
Nov 18, 2022
This thread was updated on Nov 18, 2022
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Financial Scam by luring individuals and trapping leading to financial losses

Couple of days a go I started getting calls from MO advisers to trade into Currency and derivatives and provide with finance to trade. When I Declined they insisted on pledging the D'mat holding. They took keen interest in teaching me and got pledged my D'mat holding.

They told that USDINR was a good bet and asked me to buy 1000 lot which I Declined. However they took approval of 500 lot to buy and placed the order. This soon...
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A
Alexsabaastianthomas
from Bengaluru, Karnataka
Apr 27, 2022
Apr 28, 2022
This thread was updated on Apr 28, 2022
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Harrasment by Motilal Oswal aggressive calling even after saying no

Website:www.MotilalOswal.com

I registered with Motilal Oswal and after that i started reciving many called a day selling there servises at least 5 to 10 calls a day., The sales girl form Mumbai had called an i have told them to take my number off there list many times but not done yet, it been a couple months that i am getting Many calls a day, which i disturbing my regular work schedule and interruption my work calls, really a harrasment. Pleas help get them off my...
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M
Meetp09
Apr 26, 2022
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Continous calls

Last month I tried to open a demat account on motilal oswal site but i stopped after registering mobile number and now they are calling me 4-5 times a day even i block them

Please stop calling 🙏...
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P
Paritosh Kushwaha
Mar 30, 2022
Sep 2, 2022
This thread was updated on Sep 2, 2022
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

I am complaining to stop calls and close my account

Last month I tried to open an demat account through Motilal Oswal. In the process of opening account I realised that its too complicated and buggy so I stopped and uninstalled the app, from then the call agents from motilal oswal started calling me 3-4 times a day and annoy me. I disconnect the call as soon as I know they are from motilal oswal. Its been over month now they are still calling and annoy blocked about 10 numbers but it didn't...
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P
Piyush Samaiya
Mar 3, 2022
Mar 15, 2022
This thread was updated on Mar 15, 2022
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Cheated by Advisor Rashmi Kumari.

There are many like me who trusted @MotilalOswalLtd and we're betrayed by their so called.Advisors...
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G
GopiChand1245
Feb 11, 2022
Mar 3, 2022
This thread was updated on Mar 3, 2022
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India's No-1 Cheaters In India

Wrost Brokerage Service In India... Their Main Motto is Only looting Money From Innocent Peoples With Their Advicery Services. I have opened a demat account with Motilal Oswal. After A year i didn't satisfied with their services and brokerage and I queried closure form to their Branch. I got a Call from Motilal Oswal advicer named Rahul Mahinder Shah He told me Gave me a chance to prove ourselves iam also convinced. With In two Days they...
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H
Hora Bacchan
Feb 11, 2022
Feb 14, 2022
This thread was updated on Feb 14, 2022
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Very delayed payout of my amount

Address:Delhi
Website:Motilaloswal.com

I initiated a withdrawal after selling my securities on Monday, 7 Feb, however, I haven’t been able to withdraw my amount of Rs 1.8L. I have a very urgent payment to make but my withdrawal is getting stuck again and again.

I sold some other securities on Thursday, 10 February and want to make the payout by Monday.

@Motilal Oswal request your urgent cooperation, this is highly unprofessional on your part. Please...
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Swati Thumma
Jan 29, 2022
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Fraud

I have complaint on your employee, she is cheating me as she is getting close to my husband...
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