SBIcap Securities Ltd.
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SBIcap Securities Ltd. Complaints & Reviews

D
Deep Ajmerq
Aug 24, 2023
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F&O

On 23rd of August, 3.29 pm
I placed a trade in market order to buy HAL 4450 ce 31st aug when the price was near 20 rs
But my order got executed at 36 rs

And now they are not responding well over it....
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S
sahravi
from siliguri, West Bengal
Jul 26, 2023
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Closure of demat account ID-98032259

Requested for closure of Demat account on 19/07/2023

But as of now it is not closed. However, I have also requested to the help desk team for closure of the same at back end but still it is not closed....
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S
sahravi
from siliguri, West Bengal
Jul 26, 2023
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Closure of demat account

I have initiated the closure request of my Demat account through online on 19/07/2023.
But as of now it is not closed. However, I have also requested to the help desk team for closure of the same at back end but still it is not closed....
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V
vishal17500
from Deoria, Uttar Pradesh
Aug 17, 2022
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Amount deducted from savings bank account

I opened an SBI savings bank account on August 4, 2022, and I just noticed that Rs 588 has been deducted (transfer to sbi securities).
I did not request that a Demat account be opened in addition to the savings account.

Regards
VISHAL CHAURASIA...
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K
Kannuu
from Kolkata, West Bengal
Sep 29, 2021
Sep 16, 2022
This thread was updated on Sep 16, 2022
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Bonus shares not allotted automatically

My Apollo tricoat shares had ex bonus date of 16-9-21 but my bonus shares were not showing in my holdings toll date.Followed up with RTA and got SMS for allotment snd listing of bonus shares but sbi cap nether bother to credit.SBIcap is not worth its reputation and follows many unfair policies.
When you call you are kept on long holds and many a times the calls get disconnected.Nobody bothers you call back and if you are able to tell...
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Today noticed a very strange thing while trading after market hours from 3:40-4pm
The prices reflecting on website were more than the prices showing settled.Screenshots attached.
I lost a lot due to these cheating policies of the company.They are charging such high brokerage but still trying to export more from the clients.Why a severe action is not taken by tge RBI or SEBI against them I fail to understand.Would like you to...
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K
Kannuu
from Kolkata, West Bengal
Aug 17, 2021
Aug 28, 2021
This thread was updated on Aug 28, 2021
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Dividends not being paid correctly and lots of follow ups required still not credited

SBIcap securities is either giving incorrect information to RTA or on their own withholding our dividends.
The following are discrepancies I have been following on since long.There might be from other companies too which I might have overlooked.This is sheer cheating and against public interest.
A serious matter to be looked into.Already the brokerage is not less snd the services provided are very little.No response to our queries...
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K
Kannuu
from Kolkata, West Bengal
Jul 29, 2021
Jul 29, 2021
This thread was updated on Jul 29, 2021
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Dividends not credited or under credited and lots of follow up required

Though my dividend from M&M of Rs.586.25 is showing in past history but it has neither been credited to my bank or SBIcap ledger inspite of writing to tgen multiple times.The matter is always being postponed.
Further there has been short credit of dividend from ATGL to the extent of Rs.10.25 and from HDFC to the extent of Rs.552.
Can’t follow up to this extent for petty matters...
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K
Kannuu
from Kolkata, West Bengal
Jul 2, 2021
Jul 2, 2021
This thread was updated on Jul 2, 2021
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Incorrect treatment of values in my account for sale of shares.Loss showing instead of profit

Yesterday I traded in the stocks of Aarti industries which had issued bonus shares in the ratio of 1:1 on 22-6-21.My bonus issue was updated in portfolio on 29-6-21.
I sold 45 shares yesterday on 1-7-21 but fit finding out the profit with respect of these traded shares the av.buying price was consider at the old double rates and the selling price at the current reduced rates thereby shoeing a huge loss in my account instead of profits.br...
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S
swagatam*1955
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liquidation of 103 shares

I) purchase of 100 sbi shares on 18th may, 2020 & informed to r. M.

Ii) payment of traded value of rs. 15779.63 @ 157.15 by cheque
No. 283964 through sbi, dhakuria and account no. [protected]
Was debited on 26th may, 2020 i. E. On t+5th day & informed to r. M.
Accordingly.

Iii) received a message from sbi cap securities on 28th may, 2020 that
Nse (Cm) : sbin sold 103 @ 158.75...
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S
sawataanarase
from Powai, Maharashtra
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Regardin change of my share broker

Dear sir,
I have to change my broker what can i do?
Please suggest me...
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S
sawataanarase
from Powai, Maharashtra
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Regarding shares traiding without permission

Dear sir,
I had purchased some shares before three months today i have opened my account & observed that some shares have been sell without my permission.
Please guide me on urgent basis to secure my shares.

Regards
Nanda anarase...
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U
Usjaahaug Hsjahavah
from Ajmer, Rajasthan
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don't provide my offer letter

Address:Jaipur, Rajasthan, 91
Website:MY EMAIL ID- [email protected]

My name - jitendra kumar employee code - osg1322 mob no-[protected]
I worked in sbi cap securities in my joing on may[protected]. I did 3 months work, i called my cluster manager jaipur circle to take my offer letter and did the massage but they did not give me the reply of my massage did not raise my call, so plz should take strick action against them so that no employee in the future has to face problems...
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A
Anil Kumar JS Vernekar
from Bengaluru, Karnataka
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false advertising

Address:560001

I, anil kumar j, an employee in hindustan aeronautics limited, corporate office, cubbon road, bangalore. I have opened demat account in sbi cap.
As you are aware, hal has entered share market, our company has issued ipo and allowed the demat agents to assist the hal employee to open the demat accounts to buy ipo. Sbi caps executives approached me and offered to open demat account "with no account opening charges" as told by the executives...
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P
Pk Sancheti
from Mumbai, Maharashtra
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misleading customers

Address:Bangalore, Karnataka, 560040

Hello i have a account with sbi caps mg road branch (Bangalore) today i have called to the branch and asked to purchase 2000 shares of 'bglobal' at the price of 5.75rs and when i checked online the purchase was made at the 6rs so immediately i called the branch again but the lady denied and is telling that i have told to purchase at market rate so kindly please do check and do the needfull.
I even sent mail to escalation team but no...
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Address:Kolkata, West Bengal, 700007
Website:SBICAP Securities Ltd.

This is to bring to your notice that I am not receiving the above subjected documents from SBICAP Securities Ltd.
Recently on 20th Feb., 2017 & again on 2nd March, 2017, i had traded in shares on your platform.
In the first mentioned instance i received the contract after 4-5 days as also account statement, ditto.
In the second instance i am yet to receive those inspite of today being 07-03-17,
Neither am i...
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Address:Mumbai City, Maharashtra
Website:www.sbismart.com

I have unlien 10050 rs on 17.3.2016 from my trading acount 91155493 but this amount not credited in my account till now. I also sent mail to sbicap complaint id but got no reply from them. here I am adding image of transaction.

Regards,
Sagar
91-[protected]...
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J
javedpatel
from Mumbai, Maharashtra
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

Error on Fund Transfer

Address:Mumbai City, Maharashtra

Dear Sir / Madam,

PLEASE PAY SOME ATTENTION....................


I am writing this mail beacuse I am not happy with your services
every time I am facing the problems in Marking or Unmarking funds from my demat (trading a/c.) to my main SBI saving account. yesterday and today also was trying to Unmark fund from my trading account to SBI account there where showing me available balance in trading...
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