[Resolved]  Aditya Birla Money' Broking Industry — Pathetic services

Address:

Karnataka

Hi

Its a humble request from me that please check on with your employees at Coimbatore office branch. I personally feel they are the most immature people appointed in the finance brokerage industry who knows only to sell and bring high net worth customers without providing them right service. They know how to capture the cheques and leave the customer on the road to decide his or her own direction. This is with special reference to Sripathi with whom i dealt in the office. The problem began right from the opening of the account. They dont know where to get the right signature and then come up with excuses to cover up the delay. it takes [censored]in 15 days to open a trading account in comparison to 4 working days with other brokerage house. Then i get to learn that our trading margins are less than 6 times which is promised as 8 times in the beginning. Later i get to learn form the manager of the branch that you guys require a margin of 36000 for Nifty and to cover up that mistake of manager the employee says the margin is 25000 for intra day and for positional trades its 36000.. I dot know what exactly is going on here and how come such amateur brokerage houses are given the chance to trade with people's money. They are not concerned with Investments of their clients all they need is how to get their brokerage if this is what Aditya birla money is for then i guess its high time customers like us take action against such brokerage houses and make sure with SEBI that ground rules be created with regards to appointment of people with basic qualification of MBA from 2 tier institue.