[Resolved]  India Infoline - Demat Account — Demat Account not Active

India InfoLine — Demat Account Opening

i had submitted a form duly signed with you for opening a demat account. It has been over 20 days since i submitted the form along with an account opening cheque. I was told that i would receive a Starter Kit within 10 to 12 days. but there is no response from your side till yet please help me out

The service provided by this firm is very poor.....
Please do not suggest this firm to any buddy.....
They are bunch of fool, who think others are fool.....and always give silly excuses.....

Do not deal with this firm in any means

IndiaInfoLine — non-opening of the demat account

The company representative have promised to open the DEMAT account in 06 days and i had given him more than 10 days but even still my account is not opened after 40 days. Mr feroz from the Visakapatanam Dwarakanagar branch is blaming the head office people for sleeping on pending activation issue. These companies makes false promises to lure customers and they don't perform what is ultimately told. cheap tactis which may not run in the long run.It high time the company management see what is happening in the ground and take corrective action and bring the offenders to book.

Sir,

Don't worry , you are in safe hands & will get within another 2 weeks, this may be on account of demat rush due to new issues.

Uday.

This comment is in response to Nikunj Murgai's complaint. I totally agree with the grievance of Nikunj. India Infoline is not good at Demat services to my knowledge. I too had very very bad experience with India Infoline.

I had applied for Demat Account in India Infoline through its agent in the end of March, 2007. The agent took a cheque worth Rs. 5555/- from me in the end of March, 2007 and it got debited within 1 week time. The agent promised me that my account would be opened in 1 week time but I did not receive any communication from them though they took Rs. 5555/- from me against Demat Account opening charges. After persuing with them through emails and customer care I got my login id and password in June 2007.

A company that cannot open Demat account as promised, how can it provide services to customers?

India Infoline do not provide good service but they certainly do give pain to public by making promises. India Infoline services are frustrating and not at all reliable.

Please do not open Demat account with India Infoline. They are better companies that provide Demat account and services.

Regards,
Sushma

IndiaInfoLine — status of dmat account

sir,

i am already submitted the form for opening dmat account to ur company first week in jan 08. presently not issued the user name and password.

what is the problem plz tell in my email address or give my user id and password.

thanks

IndiaInfoLine is a fraud company in my sense. I also have same case, I have submitted my account request 45 (apprx) days ago.
It's a big mistake of the company.

IndiaInfoLine — non transfer of My own money in my a/c

I am maintaining my trading id anookum8 in azadpur branch (Delhi) I have transfer a sum of rs 107500/- on 23 and 24 of jan in their icici a/c, for next 20 days their system doesn't update the ledger and i was not allowed to do any trading in these days and after repeated reminders and visits to their branch in kirti nagar and azapur they have shown the money in the ledger and for the last 15 days i have been repeatedly asking them to transfer this money in my a/c but they are not transfer the money. Any one who is having the nos of the top management and nirmal jain pls give it to me. I want to give a hard slap on the face of nirmal jain . Yesterday in their system, even my trading id and demat a/c no was missing from the database.


I am requesting all of you not to deal with this cheater company.
All of you will lose your hard earned money.

demat account — NOT ACTIVATED

Dear Madam/Sir,

I have submitted the PAN card to your ICICI nakd, into demat section, at 17 th sector Vashi.Yet my Demat account is not activated .Pl let me know the reasone behind that.

My Demat account number being 50671120

Jesus

TO,
INDIA INFOLINE HYDERABAD
CHAIRMAN AND MANAGING DIRECTOR 21/6/2008

FROM YOUR WELLWISHER CUSTOMER
A.V.KIRAN
PLOT NO: 19,
SAI SREEJA ENCLAVE,
NEAR RAMPALLY CROSS ROADS,
BESIDE KAKATAYA RIG SERVICE CENTER
NAGARAM, HYDERABAD 500062[ INDIA ]
EMAIL: [protected]@yahoo.com
[CALL:[protected],[protected]]

MY DP CLIENT ID:[protected],
LOGIN NAME:AVKIRAN9

TARANAKA HYDERABAD PHONE NO:[protected], AVVP [SRINIVAS [protected]]

Yestaday on 20/6/2008 your India Infoline manager MR.VENKATESWAR RAO[CELL:[protected]], CAME AROUND 9 P.M. CAME TO MY HOME AND CREATED NUISANCE, CALLING MY FATHER TO COME OUT, HE IS BYPASS SURGERY PATIENT, HE SLIGHTIY GOT CHEST PAIN BECAUSE TENSION CREATED BY YOUR MANAGER MR.VENKATESWAR RAO .
OUR COLONY PEOPLE CAME AND ASKED ME WHAT HAPPEN SIR, WHO ARE THEY WHY THEY CAME AND CREATING NUISANCE IN OUR COLONY, I NOT TOLD ANY THING STILL NOW.

MR. VENKATESWAR RAO WAS GIVEN WARNING THAT I WILL DESTROY YOUR FAMILY, IF MY JOB WILL BE IN TROUBLE, AND FORCEFULL HE TAKEN A LETTER FROM ME THAT, IN FUTURE SOME THING HAPPEN TO ME MENTALLY OR PHYSICALLY I AND INDIA INFOLINE IS NOT RESPONSIBLE. IN THIS WAY HE TAKEN LETTER FROM ME.

IN FUTURE ANY THING HAPPEN TO ME OR MY FAMILY BY YOUR MANAGER MR. VENKATESWAR RAO, INDIA INFOLINE IS RESPONSIBLE, THAT IS THE SERVICE PROVIDING TO US BY INDIA INFOLINE TO THE TRUSTED CUSTOMER.


. FOR COMEING TO MY HOME AND CREATEING NUISANCE & MISBEHAVING, FOR THAT RS.50000 SHOULD BE PAYED IMMEDIATELY.
I REQUIRED IMMEDIATELY PROTECTION FROM INDIA INFOLINE.
IF MY PROBLEM IS NOT SOLVED, THE ACTIONS WILL BE THE CRITICAL . & IT ALSO PUBLISHED IN THE NEWS PAPER ABOUT INDIA INFOLINE SERVICES. AND HOW IT IS GOING ON CHEATING INNOCENT PEOPLE.

YOURS FAITHFULLY
A.V.KIRAN







Jesus
To, HYDERABAD
India INFOLINE 20/6/2008
CHAIRMAN AND MANAGEING DIRECTOR.
RESPECTED SIR,

[CALL:[protected],[protected]]
FROM YOUR WELLWISHER CUSTOMER
A.V.KIRAN
PLOT NO: 19,
SAI SREEJA ENCLAVE,
NEAR RAMPALLY CROSS ROADS,
BESIDE KAKATAYA RIG SERVICE CENTER
NAGARAM, HYDERABAD 500062[ INDIA ]
EMAIL: [protected]@yahoo.com

MY DP CLIENT ID:[protected],
LOGIN NAME:AVKIRAN9

TARANAKA HYDERABAD PHONE NO:[protected], AVVP [SRINIVAS [protected]]

I AM THE CLIENT OF INDIA INFOLINE TARANAKA BRANCH HYDERABAD, YOUR BRANCH MANAGERS MR. P.VIJAY KUMAR [CELL [protected]], AND MR. VENKATESWARA RAO[[protected]], TOLD THAT WE WILL LOOK AFTER YOU DON`T WORRY AND DID TRADING IN MY DEMAT ACCOUNT AND DID HUGE LOSS OF RS.45000, THEY ONLY TOLD THAT WE WILL SOON RECOVER YOUR AMOUNT. AND I DON`T KNOW WHEN THEY RECOVER MY MONEY.
MEAN WHILE I GOT SOME PERSONAL PROBLEM AND I REQUIRED RS.20000/- UREGENTELY, AND I ASK MR.VENKATESWAR RAO SIR YOU PEOPLE ARE DID HUGE LOSS IN MY ACCOUNT AND YOU PROMISED ME THAT YOU WILL RECOVER IT, BUT I REQUIRED MONEY UREGENTELY AND HE GAVE ME RS.20000/- . AFTER THAT HE SENT HIS PEOPLE TO MY HOME TO SIGN AND BRING MY DP SLIPS, THEY FORCED ME AND COLLECTED MY DP SLIP WITH SIGNATURE.
AND NEXT DAY THEY TOLD TO COME TO THE INDIA INFOLINE TARANAKA BRANCH HYDERABAD, WE WANT TO TALK WITH YOU, THERE THEY TAKEN LEFT AND RIGHT AND THEY WERE SO MUCH ANGER AS IF THEY KILL ME. NOW THERE IS NO SECURITY TO MY DEMAT ACCOUNT AND THERE IS NO SECURIETY TO MY LIFE THEY DEFINITELY KILL ME. I REQUIRED PROTECTION FROM INDIA INFOLINE.

SO NOW I REQUIRED HELP FROM INDIA INFOLINE THAT YOUR TWO MANAGERS MR. P.VIJAY KUMAR, AND MR. VENKATESWARA RAO FORCE FULL BROUGHT HUGE LOSS TO ME SO INDIA INFOLINE SHOULD MAKE ARRANGE MENT OF MY LOSS IN CASH., IF SOME THING HAPPEN TO MY LIFE YOUR INDIA INFOLINE IS RESPONSIBLE,
INDIA INFOLINE NOT PROVIDED WELL EXPERIENCE IN TRADE LINE BUT THEY PROVIDED CRIMALS.

IF INDIA INFOLINE IS NOT TAKEN QUICK ACTION IN THIS REGARD, IF ANY THING HAPPEN TO MY LIFE IT IS PURELY RESPOSIBLE OF INDIA INFOLINE, BECAUSE YOUR INDIA INFOLINE ADVITISE VERY ATTRACELY IN NEWS PAPERS THAT NO NEED TO WORRY INDIA INFOLINE WILL GUIDE YOU .AND LOTS MORE ADVITISEMENTS. AND PROVIDING WORST SERVICE, PROVIDING PEOPLE LIKE MR. P.VIJAY KUMAR, AND MR. VENKATESWARA RAO.


I AM SERIOUSELY TAKING LEGAL ACTION IN MY LOST MONEY IS NOT RETURNED BACK.ALSO IAM GOING TO INFORM TO SIBI.






I AM GOING TO INFORM TO THE SEBI THE SAME, IF MY REQUEST IS NOT SOLVED OUT.
[protected]@sebi.gov.in
[protected]@sebi.gov.in

ALL THIS BELOW IS TOLD BEFORE OPENING OF MY DEMAT ACCOUNT AND IMPLEMENTATION IS NOT THERE IN ACTION





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RESPECTED SIR, INDIA INFOLINE LTD.
DEMATE A/C OPENING FORM FILL UP 28 DAYS AGO ON[protected] AT BARODA.THOUGH MY A/C IS NOT OPEN/ACTIVE.S0 PLEASE TAKE NECESSARY STAP FOR THAT.MY CHEQUE PAYMENT CREDITED IN YOUR A/C ON 11-9-8.MY DETAILS ARE AS BELOW
1.FORM NO: 609161.
2.FORM FILL UP DAYE :[protected]
3.CHEQUE NO : 324307, DATED:[protected], RS.30555, HDFC BANK BHARUGH.DEBITED MY A/C ON 11-9-8.
4.NAME:(1):MEETABEN PANKAJKUMAR PATEL.E-MAIL(NEW):<[protected]@YAHOO.COM>(2): PANKAJKUMAR RAMANLAL PATEL.E-MAIL:<[protected]@YAHOO.CO.IN>
5.ADDRESS: STEET NO-26; QTR.NO.-12; GNFC TOWNSHIP; POST-NARMADANAGAR; DIST-BHARUCH; GUJARAT; PIN-392 015.
6.MOB.NO.:[protected].
THE END

Sir, India infoline.How many days for demate a/c opening after form sabmit ? Rs. Fee ?

sir / madam
my demate account is opened last year but welcome kit not received till now.
my online account given to me, but no login. please give me detail of account for work
and welcome kit immediately for further work by me in future.


rr mirdha
merta city

Indiainfoline Demat and Trading acct — Trading and demat account not opened after 1 month

This is to inform that I had opened a demat and trading account with Indiainfoline through one of their executives Mr Sabarish - [protected] at Chennai, T Nagar, over a month ago. The intial cheque of Rs. 2555/- also got cleared over 15 days ago and I have not received any information. This executive is not available on phone and most of the Indiainfoline numbers are wrong which has led to hardship for me in that I could not trade in advance and have lost opportunity to make money during this leap in the market, which is an irrepairable loss.

I am furious and angry and do not have words to describe this loss.

Regards,

Rakesh N

Dear All,

Client Name : Jashwant Hiralal Shah
Address : 605, Ashirwad Tower,
Nr. Nutan High School, Prabhat Chowk,
Ghatlodia, Ahmedabad : 380061
Contact No : [protected]

I had continuous follow up with your Maninagar Branch of Indiainfoline regarding my father’s transaction statement and why my stock was cut form you without any information but still neither I had received neither any statement nor any mail from you. I had already given my mail id and my contact no to my RM regarding my query and he told me that he will send my father’s transaction statement on my mail id.
Since started transaction with India infoline I am totally dissatisfied with service which the company like Indiainfoline given to the customer. I had already suffered with the lots of loss from your executive who was sat on terminal.
1) Since I my account opening with Indiainfoline in the month of September 2007 I have not received any transaction statement, due to that I could not trance out what is my intraday & delivery charges and after continuous follow up till I have not received any reply.
2) With out any intimation they had sold my stock and after 1 month I had came to know that my stock was sold.Mr. Jaimin who was my father’s RM in Indiainfoline had book loss on my portfolio who had already left the job. Me and my father had met personally to the branch manager ( Mr. Nehal) of Indiainfoline, Maninagar Branch and he have given me assurance that to recover my loss, but till date I have not get my money back. Continuously RMs are change and company was not intimated to the customer.
3) I have request him to send my father’s transaction statement at my residence and if you are not able to send my father’s transaction statement at my residence at least send the details on my mail id so at least I can understand why my stock was sold twice. I had already gave payment of the stock even then they sold my stock

There lots of problem in the service and I had personally meet the branch manager and the RM but still my problem was not resolve. And after 1 year form Indiainfoline people call me regarding investment through Indiainfoline but how can I invest with this kind of company who could not servicing the client.

“Being a banker and I know that customer is important for us but I don’t know what about Indiainfoline????? “

Request you to please don’t give me opportunity to escalate the problem to SEBI & Higher Authorities of the company



Thanks & Regards,

Amit Shah

I have transfer under payout from my account a sum Rs.10, 000/- last week from Indiainfoline account but when I checked my passbook with ICICI Bank I found that the same is not been reflected in my account.
Could you please arrange to check at your end and get my account credited with my bank at earliest please.

I AM ALSO AN INDIA INFOLINE CUSTOMER, I NEVER SEEN THIS TYPE OF WORST PEOPLE IN MY LIFE. I FACED LOT OF ISSUES WITH INDIA INFOLINE PEOPLE. ESPECIALLY WITH EFTHEKAR ALAM ([protected]) IN BANGALORE KORAMANGALA BRANCH NEAR AIRTEL SHOWROOM...

Ohhh my god i also faced lot of problems with the same guy in same india infoline(5paisa.com) too worst.

EFTHEKAR ALAM ([protected]) IN BANGALORE KORAMANGALA BRANCH NEAR AIRTEL SHOWROOM, he is a worst, waste & lazy guy. I had lot of pain because of him. I dont know why INDIA INFOLINE IS NOT TAKING ACTION AGAINST HIM. I DONT KNOW WHY INDIA INFLINE 5PAISA.COM IS KEEPING HIM STILL.

i had open the account in india infoline already it was activated but i didnt get t kit and lettres from your side...i[censored] want to send plz send to my parmanent address bellow

santosh s bhatkoti
c/o-S G bhatkoti
PO-nilekani
tq-sirsi
dst-uttar kannada
karnataka
ph no-[protected]