[Resolved]  HDFC Bank — Missing shares from my HDFC Demat A/c

A VERY MUCH DECEIVED CUSTOMER....

I have a de-mat account number 22799181 with HDFC.

HISTORY: I had purchased 30 shares of RIL in Nov 2007, and sold 24 shares between Nov 2007 and Jan 2008. Thus, I retained a total of 6 RIL shares as on 4/1/08. Also, I had 195 shares of RPL. After amalgamation with RIL, I was issued 12 shares of RIL on 2/10/09. Thus, I had a total of 18 RIL shares as on 2/10/09. Hence, I should have been allotted 18 bonus shares as per the 1:1 bonus issue. But, instead of 18, I was allotted only 12 bonus shares, which were credited to my account on 5/12/09.

Hence, there is a deficit of 18-12 + 6(bonus) = 12 shares.

As per the conversation wih people from multiple departments: Demat/ Securities/ Trading Department, I have been thoroughly disappointed by the sorry service given by them.

To worsen the situation, I would like to bring my concerns regarding the ill-treatment given to me. To me (any customer), HDFC is one entity. I, for one, am unable to understand this discrimination/ diversification among the various units like trading/ demat/ securities. It is quite painful to inform you that I am being made to feel like a complete fool. All that is happening is that I am being toggled among these three entities... Demat says it's Trading Dept's domain, etc.....

I have to say that this is very problematic situation, especially to keep on explaining the same problem to multiple people again and again, and of course these people will never call u back, even after multiple assurance of checking n getting back. No matter how may mails you drop or how many people you call, they are absolutely unhelpful and unresponsive.
Was this information helpful?
No (0)
Yes (0)
Aug 13, 2020
Complaint marked as Resolved 
Complaint comments 

Comments

HDFC — missing shares

My name is radha, i bought 300 shares of HDFC the year of 1995. I lost that share certificates. Requesting you kindly inform me to which procedure have to follow
mob no : [protected]

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    HDFC Bank
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    58%
    Complaints
    32734
    Pending
    0
    Resolved
    18405
    HDFC Bank Phone
    +91 22 6160 6161
    +91 22 2498 8484
    HDFC Bank Address
    Branch 542, Trade World, A Wing, Ground Floor, Senapati Bapat Marg, Lower Parel, Mumbai, Maharashtra, India - 400013
    View all HDFC Bank contact information