CDSL Complaints & Reviews

Dear Sir/Madam
Greetings

I hold some shares in karvy stock broking company since 2008

Karvy Client code id 10625501 and NSDL id :[protected].

Since karvy is closed down some year ago so I had opened account with Motilal Oswal Client code: PYKR00124.

But till date my shares from karvy is not transferred to Motilal Oswal though I had made all intereactions with cdsl and even postal interaction had been made.

Request you to kindly expedite the process for which I would be highly obliged.

Dear Sir/Madam
Greetings
I hold some shares in karvy stock broking company since 2008
Karvy Client code id 10625501 and NSDL id :[protected].
Since karvy is closed down some year ago so I had opended account with
Motilal Oswal Client code: PYKR00124.
pan card no AMBPM2844B.
But till date my shares from karvy is not transferred to Motilal Oswal though I had made all intereactions with cdsl and even postal interaction had been made.
Request you to kindly expedite the process for which I would be highly obliged.

With regards
BULBUL BASAR MONDAL
43, KARAYA ROAD, 2B
KOLKATA-700017
[protected]

The KYC status which is a mandatory requirement for Mutual Fund investments above 50K INR is obtained through a centralized company called CDSL ventures limited. Though they say the process will take 15 days dont be fooled by it. It takes for ever for instance mine more than a month and not complete. I am FRUSTRATED to the core at the pathetic state of affairs in India. Consumers have absolutely no value in India. Dont postpone your MF investments thinking that you will get the KYC fast online. My documents are in very good order but their process is toooooo slooooow