RelianceMoney Complaints & Reviews

Hi From last many days, I was just asking for my concern, but fed up with Worst Service, Un-Ethical business practice and Pathetic So Called RM. So decided to Close my Account. Hope they will show some sense in this. If any one from reliance money looking this, please guide me to close my account so that at least my Relationship Ending would have some good memory. For Detail, They will check this ref : CIN numbers U65990MH2005PLC154052 Thanks,...

Sub Broker : [protected]

My a/c : (S[protected]

I have sent the below email today as I haven't received any satisfactory answer/ help from the support desk or any higher authority. Moreover my account is NOT WORKING...!!!

Please help me..

Regards..

_______________________________________________________________
Dear RelianceMoney Executive board members,br...

Dear Sir,

I have 2 account.And my problem is...............

Delivery Brokerage 0.35%

Aaj maine MUNDRA PORT ke 210q 34383.45rs me buy kia tha, mera
Brokerage 213.62rs laga.
WHY ? KYA MERI Brokerage 0.62% ke lagbhag HAI?

AISE HI MERE SATH HAMESHA SE HO RAHA HAI,MUJHSE Brokerage JYADA LIYA
JA RAHA HAI.

Thankyou.



1-Ashutosh...

Hi,
I opened an account with Reliance Money in 2007 with an Rs 500 opening charges which was valid for Rs 5 Lakh Trading in an year. Supposedly, they also opened a email account in the reliancemoney domain. I never used there demat account as I heard that they were not very fair in there business and were charging fraud amounts from the investor accounts without there knowledge.

A few days back (Aug2010) I received...

respected sir,

my name is vikas sharma and i have open demat acount on the behalf ofv reliance money but my broker has lost my client id whose name is rajdev
i have to transfer my money to my own account but it is nit possible to do it so please give me suggestion what can i do or take strong action otherwise i will go to custumer court for further action my contact number is [protected]...

As per my experince reliance money group are "CHEATER",
Staff don't know How to speak with client... all they are seated BHAI LOG.
They are doing square off as per their "NEED".
(COMPANY KO CUSTOMER KE PAISE BUSINESS SE KOYEE MATLAB NAHI HAI)...
I think staffs are doing trading and they are playing with customers...
MOHAMMED FAROOQUE...

ON THE ONSET A WARNING TO ALL RELIANCEMONEY CLIENTS

IF YOU HAVE SIGNED A TRIPARTITE AGREEMENT AND MANDATE THE RELIACEMONEY PEOPLE CAN ACCESS YOUR ACCOUNT WITHOUT YOUR CONSENT OR KNOWLEDGE

I AM A VICTIM OF A FRAUD WHEN MY SHARES WERE SOLD WITHOUT MY CONSENT OR KNOWLEDGE FROM MY DEMAT ACCOUNT ON 16 FEB 2009

THE PAYOUT CAME ON 17 FEB 2009

THE MONEY WAS TRANSFERRED TO ANOTHER INDIAINFOLINE...

I have a demat account with reliance money and paid them Rs 5000 for a prepaid card of 1 yr validity. I was being chaged 1paise per Rs 100 executed orders. Now suddenly they have changed it to Rs 15 per executed order. Now If I am trading with Rs 1000 then for buying and selling I am giving Rs 30 as brokerage. But as per my existing structure I had to pay 20 paise. Now the change is 150 times my existing brokerage structure.
Can a...

I'm shocked to see today while logging to https://fasttrade.reliancemoney.com/ I got pop-up message stating that Rs.15 brokerage is in-effect from Jul 20 2009 irrespective of limitcard. I've already paid 2500 for 6 months of intraday trading, this Rs.15 per trade is GROSS VOILATION.



Few things here which are completely unethical and unfair.



1. This message started...

They have gone mad or what?

They are deducting money like suckers


They will eat up my money--This is Afghanistan or India?

Is there any law?...

None of the mails sent are replied promptly. Infact replies are recd so late as a week. Wonder why customer care division invites emails after all. Also that one has to dial STD to take help from Helpdesk which is proves costly too as the lines are heldup with background music as all executives are said to be busy....

I am unable to access my mail Id...

I HAVE TRADING ACCOUNT ON RELAINCEMONEY, MY CLIENT ID NO. M00034510. I HAVE OPTED FOR ONLINE PURCHASE OF LIMIT CARD WORTH RS. 500(PR-500-12)ON 12th JUNE 08. IN WHICH THEY SHOULD PROVIDE ME VALIDITY OF 12 MONTHS. AFTER CLICKING THIS OPTION I SEE MESSAGE SHOWING THAT THIS LIMIT CARD PLAN IS NOT EXITING NOW. WHEN I CALLED CUSTOMER CARE ON SAME DAY, ONE OF THEM INFORMED ME THAT SAME CARD PLAN IS STILL IN SCHEME. THUS I TRIED SECOND TIME TO...

my new a/c opened on 28-02-08 but i could not log on till date due to invalid user name being shown.even more agonising is the fact that when i tried to approach at rel.money b/o at bathinda(Pb.) to get my problem solved, i was totally ignord &no heed payed to me by a female exe.dealing operations of a/c's.i had to come back empty handed after waiting for 20 minutes last week.it was a great surprise &a lesson hat a corp. is no...

I did a password reset for my Reliancemoney D-Mat account and I got the message password change successful and sent to your mail.

When I tried to access the mail with the default password provided for the first time , it was not working at all. I sent them 2 mais .. nothing happened. I made a number of STD calls[protected]. to their help desk, but all getting disconnected after I select the option for password reset...

Dear

I have opened the Dmat account by paying RS.750/-. At that time the Borivali west branch in mumbai, they told that there is a package called reliance power IPO package, under this Rs.5 lakhs trading amount per year and Rs.500/- to be paid towards this and this also will be wavied once i am applying reliance power IPO online. Instead of this even though I have applied for the IPO , they have deducted Rs.2500/- towards limit...