Religare Enterprises Complaints & Reviews

I, Mrs.Sangita Pande with client code SP10219 in Religare Securities Limited (member code-10575) gave Rs. one lakh (via check No[protected] on 01/01/2013 to open ONLINE DEMAT account and to purchase gold of exactly Rs.One lakh as per the gold-value of that day and to retain it through the DEMAT account till my further notice . The concerned RM of the company neither purchased gold as per my direction nor made any transaction through my DEMAT account. He invested my whole money in a different scheme (FUTURE) without any of my consent and never discussed the risk and other terms and conditions associated in that trading and made a huge loss of Rs.85000.00 within 2 months. Please help.

sir

it has been noticed by me that someone in your organization

(RELIGARE SECURITIES LTD. in Future and Options Segment)
is using my certificate without my permission. could you please look into that and take immediate action.
please find details below for my certificate.


name- rajeev kumar
date of birth- 08/06/1985
certificate - derivative market
ncfm no -[protected]
e mail id- [protected]@yahoo.com

thank s
rajeev kumar

Respected Sir,
I have sent a complaint letter to Sh. K.K.Bajaj Chairman of Bajaj capital Limited regarding misappropriation by Sh.Akhelesh Mittal Branch manager Of Bajaj Capital Ajmer Branch on
02/12/2012.In the mean time I have sent many E-mail to the company.More Than Forty days have been passed but I have not received any reply from Sh.K.K.Bajaj. .Therfore I request to you to arrange this matter with ShK.K.Bajaj and solve my problem as early as possible. Copy of complaintletter sent to Mr. K. K.Bajaj. is also enclosed herewith for your ready reference.

G.L.Goyal
688/27 R.P.F. RoadLine
Ramganj,
Ajmer 305001
[protected]

pf status

I Sanjeev T. Dubey I was working with Religare securities Ltd, goregaon mumbai branch My Employee Code was 46120, My PF number is MH/38968-A/19897. has not been setelled till date . i have submited my documents in August month .
please give me the proper updatation for given PF account .
Email Id : [protected]@gmail.com


Regards,
Sanjeev T.Dubey
[protected]

Hi,

This is in regards to an unnecessary deduction which is happing to my account. Deduction of 337 per annually has been happing for last 3 years to Religare related to some Religare Securities (Which I am really unaware about and haven’t activated any services).

I have also discussed the issue with Religare however its quite a lengthy process (Filling some forms…submit it to counter and all…).

In theory I want to stop this deduction from my account as I am not using any kind of services or facilities.

account number clint id - js5974,crn # [protected]

my mobile num [protected].

otherwise i have to go Consumer Forum for this issue.

I placed a selling order for 7000 units of punj lloyd @58/- in intraday trading with stop loss triggered @58.15/- but when share is reached @58.15/- & crossed the level of Rs. 58.15/-, my shares not squared off @58.15/- due to that they have been debited my account with Rs. 13,500 (approx). so please help me to avoid this loss because this is the fault of M/s Religare Securities.
Date of Transaction:[protected]
My Name: Ankit Jain
My Client Code: N263602
My Contact No: [protected]/[protected]

Dear Sir/Madam,

This is with reference of my pf settlement i would like to file a complain regarding my pf settlement not done yet.
I had sent my PF Form filling as per the requirement to the PF office : Plot no. A-3/4/5, GYS Global, Sector - 125, Noida - 201 301 (U.P.-INDIA)
but i had received it back due to some reason. i had sent it thrice but everytime it had been sent to me on my resi. address informing that the form is not filling up properly. I called concern person named Miss. Alka and got it confirmed that the form is filled properly. then i was told to sent that form again and i did the same. Same thing happened the form had been sent to me again with no reason for rejection,

So this is a humble request to you to process my PF Application Form and Do the needful as early as possible.

My PF Details are as under:
PF Account no. MH/38969/A/20887

I am sending the PF Application Form once again to the above mentioned address.
Kindly acknowledge the same once received.

Thanking You,

Chintan Ranpura
Emp Code : 47708

Respected Sir,

I wish to inform you that the EPF claim status has been approved in four months ago but the claim amount could not enter in my bank account.The details of my bank account are given below:

Bank Nme: IDBI BANK

A/C NO: [protected]
Branch Name: Benachity Bazar,Durgapur:16
Email ID:hui.[protected]@gmail.com

ONLINE ACCOUNT RACE PRO CONVERTED TO OFFLINE ACCOUNT IN SPITE OF MY CONFIRMATION. SUBSEQUENTLY UPGRADED TO RACE-lite . ( DOWN GRADED) WHEN ASKED FOR RACE PRO , ASKING ME RS. 1000 . I HAD PAID FOR THE PLATFORM IN 2009 . SENT THEM THE MAIL . I HAVE PAID RS. 10000 / FOR SILVER PACK .
N218016
"we care" team is expert in sending counter Missiles without using their Brain , unethical approach , and without properly analyzing the issues involved.
UNABLE TO DO TRADING SINCE 08.09.2012 . IN THIS VOLATILE MARKET .

Our dispute was Rs 211000/- and u bear 135000/- so bal of is 76000/- i hv to pay but i got dividend of total 4602/- so i will deposit only 71400/-
So difference of approx Rs.15000/- what u do for that ?

Hi,

I had account with Religare Securities and Commodities.

Observations with Religare:
Trades are put in without any confirmation
All pool of money is used up in singular transactions in spite of prior instructions not to do so.
Futures Transactions are put in without stop losses!!!

I lost considerable amounts due to Religare's malpractices.
Lodging complaints has not helped either - I have given them transactions but there is no solution from Religare.
Already been more than 5 months that the complaints have been logged...

Thinking of approaching consumer court. Anyone have any other ideas, let me know.

I am working as a Scientist in DRDO. My PAN is around 15 years old. I am paying tax every year and generally submit the PAN copy for insurances and banks. Nowhere I got any comments. Recently I wanted to utilize online Income tax facility which required verification of my signature on PAN. So I went to these people who refused to authorize my signature. I use this signature everywhere and never I got this problem.
I only request you people to behave properly with govt. officials.
One more funny thing is along with me, one business person came and they immediately authorized his' although they refused initially...does that mean money plays even in signature verification? Why Govt. Gazetted officer' signature needs verification and how can they refuse like this?

It is with great desperation I am writing this. I am totally fed up with service provided by Religare Securities.

I have submitted the Profile change request to link my Demat and Trading account with ICICI Bank. Please find below the process I went through for getting this done.

1.On June 8th, I have couriered the documents to Bangalore MG road Branch. This request got rejected due to insufficient documents. But I have submitted the documents as per the checklist I got from Religare customer care. If customer care has given the correct information, then what is stopping me to submit the documents???
2.On June 12th , I have resubmitted the request with required documents. This got rejected due to signature mismatch from the MG road branch, which is fine with me
3.On June 14th, I walked into Religare Koramangala Brach and submitted the documents after cross matching my signature in KYC form. From the Branch, the form got verified and punched on june 15th and its been informed to me that the signature got verified and there will not be any rejection again. After that it got couriered to HO.
I was regularly following up with religare customer care to get this done. On June 18th Customer care executive asked me to with for 24hrs. But I dint get any response, so called up again on June 19th. They again asked me to wait for 24 to 48hrs. Again I didn’t get any response. So I called up on June 21st, as usual they asked me to wait for 24 to 48 hrs. But by 21st EOD, I got mail saying that the request got rejected due to signature miss match.

I am really frustrated with this. I am wondering whether this is the way Religare works???? To enquire about this I called up Religare Customer care today and I asked Executive named ‘Makul Gupta’ to escalate to call to the Floor manager as he was not given me satisfying answer. But he was not ready to do that saying that “Sir, Even my manager cn give only the same response what I have given to you”. What is this?? After I made a mess on it, he escalated the call. He should not worry about the fact that whether I am getting the same response or not, if want to escalate the call, it is his responsibility to do it.

All I need to do is to link my Demat and Trading account with my ICICI account. On this note, let me tell you that the service Religare provided me is so disappointing.
I am not planning to submit any more documents regarding this and If Religare is not able to do this for me, I will be closing this account on priority basis latest by tomorrow, June 23rd 2012.

-Bijo

Dear Sir,

This complaints relates to the shabby & pathetic services provided by Religare Securities, time and again. After a lot of patience, Im on the verge of closing my a/c with Religare, since I've better service providers. Since, Im currently based in Mumbai, I called from my other no. since I was in roaming, one person, firstly validated all details & told me to hold on, while he took my selling order & then abruptly dc my call! I called again, after being on the stupid waiting music, the lady told me, she cannot take my order, since I called from non-registered no. I told her, the person bef you confirmed the order with other details, why cant you, she transferred me to a so called supervisor, who pleaded helplessness & transferred to some other dept, who in turn flatly refused to help. I again, asked, why do diff reps follow diff procedures & told him to send me in writing, he dc the call.!

I've never seen such a pathetic & roadside organisation, who act like donkeys & do not have any kind of flexibility to understand basic concerns of the customer. Please tell how do I put this to SEBI

Regards

Nikhil Pai

[protected]

Client ID:- N243939

I Kamesh Rana I was working with Religare securities Ltd,, My Employee Code was 37145, My PF number is MH/38968-A/15075. online status

STATUS for Member ID: MH/BAN/0038968/00A/0015075
Your account has been settled. For detail's please contact respective EPF Office


and my pf office not receive phone

kindly give status about my pf

I was wondering whether i should take this matter to "Labor Court" or not...

Name : Ajay Chanana
E-Code : T36241
Resignation acceptance Ref No. RTECHRESG[protected]

I have resigned from Religare on 20th may 2011 and i have acceptance copy for the same as well.

At the time i was working over there, i was informed by my managers that 10 days notice period will be sufficient enough, on the bases of that i got my resignation acceptance as well.

But now they are asking me to pay Rs 8874/- for Full and Final settlement for not serving the notice period before they release my Relieving Letter..

If i have not severed you notice period, how i got the resignation acceptance that you relieved me from my duties.

Or why i was not informed at that time when i was working with you that are going to do this with me...

Hope to receive better solution from your end rather than going to "Labor Court"

Ajay Chanana
[protected]@gmail.com

MY NAME IS JAYESH MARKANDRAI VYAS MY EMPLOYEE ID IS 48839 I WANT TO KNOW MY
F&F STATUS I RESIGN RELIGARE AT 9TH FEB 2012 BUT TILL DATE F&F WILL NOT COME
SO I WANT KNOW HOW MUCH TIME WILL TAKE TO SETTLE MY F&F SETTLEMENT PLS SEND
YOUR ANSWER. I CALL SO MUCH TIME TO LOCAL HR MANAGER BUT SHE IS NOT GIVEN SATISFIED ANSWER SHE SAYS SEND ME A WHEN I SEND A MAIL SHE DOES NOT REPLY OR GIVEN SATISFACTORY ANSWER SOME PEOPLE BEHAVIOR MIGHT BE HIT RELIGARE IMAGE ALSO.

JAYESH VYAS

[protected]

I had selected AEGON Religare Life Insurance Company Ltd. for Money Back Plus Plan and I was told on Mobile conversation that Annual Premium for the Policy is Rs. 49,918/-. But I was surprised to know that my Plan Term is not annual but Half Yearly. I had conversation with Mr.Aditya Roy (Mobile No. [protected]) to deposit sum of Rs.25,500/- towards security deposit to get a sum of Rs.6,38,000/- in the month of Sep-2011. But Additional Policy was sent to me having Premium Rs.25500/-. I received a Mobile call from Mr.Rajiv Agrawal, Sr. Branch Manager, Nagpur whose mobile No. is [protected] & [protected]. I received Mobile Call from Mr. Sanjeev Sharma (Mobile nO.[protected]) for getting Pension of Rs.7624/- from March-2012 against the payment of Rs.50000/- . In this way the Company has cheated me. I request you to confirm the various phone call conversation & cancel my policy and refund me the Amount of Rs.50000/- + Rs. 25,500/- plus compensation, as I am a retired person.

I had complain regarding. unauthorised trade in my above a/c and for that i had complained on telephone with the following reference on. Rel 6292811, Rel 6301499 n Rel 6318188 and also mailed to you and its reference no. is Rel 6312381. but till date i had not recd. any feedback. It clearly seems that Mr. Santosh has done unauthorised trade in my trading acount without my consent and after doing trade he calls me to give wrong confirmation to your team. Also higher authority Mr. Sandeep is also telling us to give time to cover the losses which had occured in my trading account. You can view my trades which had occurred heavy losses. You are requested to take strict action on the same. Last but not the least I wants my shares in my demat account.

Trading Code : N223361

Client Name : Heena Hitesh Panwala

This is to inform you that the below mentioned query is not resolved
from your end. So you are requested to look into the matter and
transfer my stocks in my demat account.

It clearly seems that Mr. Santosh has done unauthorised trade in my
trading acount without my consent and after doing trade he calls me to
give wrong confirmation to your team. Also higher authority Mr.
Sandeep is also telling us to give time to cover the losses which had
occured in my trading account.

You can view my trades which had occurred heavy losses.

You are requested to take strict action on the same. Last but not the
least I wants my shares in my demat account.

Pls send my ledger statement and stock statement from day one of
account opening. NO STOCKS ARE TO BE SOLD FROM MY DEMAT ACCOUNT AS NO
SUCH AUTHORITY / CONSENT WAS GIVEN FROM MY END.

I had accounts with Religare Securities, Commodities, Currencies. I advise anyone and everyone to AVOID RELIGARE at any cost!

NO PRIOR TRADE CONFIRMATION: The dealers commit transactions without any prior confirmation just to meet target monthly brokerage.

TRADES WITHOUT STOP LOSS: Dealers regularly put in trades without any stop loss. This led to losses of over 7 Lakhs.

NO MONITORING MECHANISM: Religare does not have ANY monitoring mechanism for your account. If you lose a large amount suddenly, there is no monitoring about whether and why this happened, and there is no corrective action.

All Religare cares about is the brokerage. I lost 6L in about 2-3 months in HUGE transactions. Take my advice - STAY AWAY FROM RELIGARE!

RELIGARE GIVES YOU HUGE LOSSES! AVOID AVOID AVOID!

It appears they have hired new college graduates who learn the trade at your expense!! For the last time, AVOID !!!