[Resolved]  HDFC Bank — High brokerage and illegal charges for providing blink terminal

Address:East Delhi, Delhi

Sir, hdfc sec is fooling demat account holders by charging high brokerage. Similarly hdfcsec has fixed rs.3999/-per annum,for the rate of its online terminal named blink, this is a high amount for a customer who trade online. The fact is that hdfcsec has a trick to earn the money by allowing customers to watch online account for only 45 seconds to 1 minute so that they should be compelled to buy blink terminal to continue the site.
I have seen that the other brokers are providing free terminal to their customers.Viewers of this site may please consider the aspects before dealing with hdfcsec. No doubt the site of hdfcsec is fine and open in seconds. Blink terminal is good for online traders. But it does not mean that hdfc should charge high amount on this accord. Thanks.

A.K.Khanna
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Aug 13, 2020
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HDFC Bank — HOPELESS SERVICE

I am writing this complaint with great regreat having faced with a situation recently with hdfc bank on its withdrawals.
On the 1 st of dec i went to hsbc bank atm to withdraw a sum of rs10000 to deposit into an hsbc account but the atm machine did not process my request twice.
So i walked up to the hdfc bank to withdraw the same and its says you have reached your daily he withdrawal amount.. Furious with this i went to the bank on mg rd where i hold my account and they tell me it will be revered in 20-25 working days as the server has registered teh withdrawal.. But no cash dispenced.
Today i get a call saying it will be reversed on 26th of jan 2009.. The question i ask is are we banking with the right people who are so technology driven that service is overlooked at all junctures.
Its our money and we need it when we want not when you can provide...

Hdfc bank is let me down,
R/sir,

I am yogesh sharma ineed the address of two whealer loans countary head, north head and punjab head email address. Please provide me the same. Please do needful.

With regards,

Yogesh sharma
Yes, hdfc sec are charging for the blink facility in which i had subscribed, however in blink facility they provide various features as i can place fast buy and sell order in market, to check limits, open positions and i login into the blink in the morning @ 9:15a:m then directly log out @ 3:30 p:m & session doesnt gets invalid in between which is very useful for trader.
Sir, no doubt, blink facility is good and provide various features but the charges are illegal. The fact is that hdfcsec has a trick to earn the money by allowing customers to watch online account for only 45 seconds to 1 minute so that they should be compelled to buy blink terminal to continue the site. This is pinching.

A. K. Khanna
Sir, hdfcsec is a hopeless broking house, charging high brokerage in compare to other brokers. Secondly, hdfcsec is also fooling demat account holders by charging illegal amount for blink terminal while other broking houses are providing terminal free alongwith customer account. But hdfc bank itself a good bank providing prompt services to there customers except hdfcsec services which are hopeless. Hence, hdfcsec have been failed to satisfy the actual customers.

Thanks

A. K. Khanna
Sir, there is no reply from hdfc. It indicates that the bank has no care for its customers. It is fooling customers.in other words hdfcsec is a hopeless broking house, charging high amount for the brokerage in compare to other brokers.
In my opinion, one should not deal with hdfcsec and icicidirect. Yeh ek hee thaily ke chatte batte hain. Both these banks are fooling customers by showing attractive schemes. Reliance money /share khan are good, charging very less amount for various brokerage. I recommend reliance money for share dealings. Thanks

A. K. Khanna

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