[Resolved]  5Paisa Capital Limited — non closing of demat and trading account and non redemption of mutual fund

Address:491107

I had opened demate and trading account with 5paise capital limited through online, i did not sent any docunt to them by courier to open account. My demate and trading account was successfully activated by 5 paise capital limited. I have loss lot of money since lack of knowlwdge. I have purchased reliance regular savind fund of 33.95 units through 5 paisa demate account. I have placed redemption order several times. But redemption rejected saying that my poa has not linked. As per their requirement poa sent courier. After receipt my poa 5 paise capital limited not able to link saying that my signature mismatch. They again redirected me to send fresh poa through courier. Since these type of harassing i decided to close my demate and trading account and accordingly i have sent scanned copy of account closer form requesting to close my demate and trading account through my registered mail address. They sent reply through mail to me to send the closer form self id proof through courier. I have again sent what they are demanded, but again intimate by him over telephone that my signature mismatch. Playing delay tactics and horrising customer.
+1 photos
Was this information helpful?
No (0)
Yes (0)
Dec 18, 2020
Complaint marked as Resolved 
I have been filed complaint in SEBI through speak up app. This site has no help me to solve my probelm. Dont believe this site.
Apr 10, 2018
Updated by Kandikattu Sreedhar
Your MF Redemption in RELIANCE REGULAR SAVINGS FUND-BALANCED OPTION-GROWTH PLAN - GROWTH OPTION for Units 33.953 has been placed.
Order No. 295912

-Team 5paisa
Apr 11, 2018
Updated by Kandikattu Sreedhar
5 pause capital limited neither closed my demate and trading account nor redemption of my mutual fund.
Complaint comments 

Comments

Bro please post your number so that I want to talk to you regarding this.please bro

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit

    Contact Information

    Patan, Chattisgarh
    India
    File a Complaint