[Resolved]  Karvy Stock Broking — Karvy Dealer Mr.Bichitra Nanda Paramalik (from Cuttack, Odisha) Chitted me and Miss Use my Money.

Address:Cuttack, Odisha

Hello Sir

I am Satya narayan Singh[protected]. I inform you that Mr.Bichitra nanda paramalik a dealer of Cuttack branch Karvy Stock Brocking ltd. Has chited me by miss using my money Rs.27000 in the period of July 2012 to August 2012 by selling my ONGC and NALCO Shares. I was started my trading from 12,Dec.,2009 under Mr.Jugajyoti Mohanty, The Karvy dealer of cuttack branch. After Mr.Mohanty leave the company Mr.Bichitra nanda paramalik take his place. Since 1.5 year , I have not done any trading (due to downfall of the market so I don’t want to lose my money and wait for raising the market). Since more than One and Half year my [protected] mobile number inactive by reliance company, So I can’t get Massages through Mobile phone. As I was not trading last 1.5 year I don’t get any trading summery through my Email. I only got Karvy Advertisements and product details. At the period of Mr. Mohanty, i got every information, booklets by post. But since 1.5 years I have not got any information as I am not trading. I believed that Karvy is a reputed company for which I was not check my share regularly. But due to lack of money. I want to sale my 88 number’s of ONGC share at the rate Rs.287 in 28.08.12(With lose). At that time Mr.Paramalik did not show me the exact amount.But they say, I can got nearly Rs.25000. I also agree with him due to need of money. But after 8 days he transfer Rs.15700 into my Bank Account. I ask Mr. Paramalik on 04.09.12,”I say, You have told me, my total withdraw amount is Rs.25000, but now it is Rs.15700. So where is my Rs.9300. He told me after checking the ledger he can tale about the money. He take 3 days for checking the ledger, but he has no reply. When I asked him on 07.09.12. He miss behave me rudly. So I went to met the branch manager Mr.Sourya Sunder Das to solve my problem. But Mr.Das did not hear me and without supporting me, he has take the side of Karvy dealer Mr.Paramalik. Mr.paramalik harassed me, the branch manager also harassed me, repeatedly I haressed since Two days. So I doubtful about my other share(i.e Nalco-40 and Suzlon-150) and checked. After checking I saw that my 40 number’s of Nalco share becomes 11 numbers without my knowledge. Therefore I finally decided to sale all the shares with lose and cutout the reletion from this fraud Company Karvy.

N.B.-I am a Student and invest the above money from my pocket money and my Mother save this money for my future study in my name. I withdraw it and believe the Karvy Company and invest in your Company. Now I am in the stage of further study. I have completed graduation only. If possible please consider my case and return my money for which I can able for further study. Otherwise please Close my trading account and any other account or anything in your company permanently. FURTHER ANY BODY TRADING IN MY ACCOUNT NUMBER, I CANN’T RESPONSIBLE FOR IT.

Regards

Satya narayan Singh[protected]
Cuttack, Odisha.
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Complaint marked as Resolved 
Verified Support
Mar 30, 2015
Karvy Customer Care's response
Dear Satya Narayan Singh, We have come to understand that you have personally visited our local branch and settled the issue ambicably. For any further assistance, please feel free to call our toll free number [protected] or email us at [protected]@karvy.com. Thanks, Team Karvy.
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