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[Resolved]  Nirmal Bang — Brokerage Fraud


I am sending this email to inform you that i have been cheated by Nirmal Bang Securities as they told my that my brokerage will 1 paisa and 10 paisa, but they charged me 2 paisa and 20 paisa after informing them this issue they said that this is a small issue it will be rectified and your extra charged amount will be reversed. Today they sent me one form which says some code about the brokerage, they said your account opening is filled with 2 paisa and 20 paisa of brokerage. There were two gys who came to me at the time of account opening Jitender9 (Branch Manager) and Brijesh (RM). They forwarded me one sheet for charged and told me sir we are giving you on written that everything is fixed as usual this sheet was not clear to me i asked back they changed the conversation(sir aap is calculation mein kyun padte ho humpe barosha rakho hamein naya relation banana hai, aapko hum best service denge). The kind of service they have given was the worst one, my amount from 50k turned into 15k.

So my question here how customer will come to know that what is being filled on the form. No employee is going to stick with the company for his whole life?

When I calculated my brokerage then i got to know that such kind of fraud is done with me and these brokerage companies keep doing these this fraud is done with me on Destimoney securities as well. I think customers are not safe if there is no strick action taken.

Kindly help the coustomers from such kind of issue.

I promice within 5 days all customers of Nirmal Bang will get email with all updates of cheat which is done to me and will advice them to check their account transactions and i am sure 50 to 60 % will find that they are cheated.

Complaint marked as Resolved Aug 13, 2020
Complaint comments  2 CommentsShareTweet


Mr. Baldev,

I have an account with DESTYIMONEY SECURITIES (share broker) and I am not satisfied with the brokerage and commission charges is not prompt which was verbally promised while account opening, they cheated my profit in variable commission structure. when I am ready to argue about the cheated amount and they are suggesting to close the account.all the investors be careful with DESTYIMONEY SECURITIES(share broker).

Nirmal Bang are the CHEATER.

The bloody bustered agent Biswajit Ghosh(his mobile# [protected]) is the main cheater.

He called me so many times and by forcefully and by committing good returns make me able to open the Trading and Demat A/c with them in Park Street, Kolkata in September-2015 and I transferred my old shares valued Rs. 1, 35, 000 there.

On Sep-15, within first 2 weeks they made a loss of Rs. 30, 000(including Rs. 10, 000 BROKERAGE) in my A/c. I tried to close the A/c immediately. But they promised me to recover all these losses with in a month.

On last week in Sep-15 they again made a loss of Rs. 45, 000(including Brokerage of Rs. 18, 000).

So Total LOSS is Rs. 75, 000(including Brokerage Rs. 28, 000).

Even then also they are promising me to recover all these Losses of 75K and not allowed me to close the A/c. After a long conversation I was able to close the A/c after selling remaining my holdings shares in HUGE LOSSES.

So plz plz plz do not go to Nirmal Bang my dear friends. They are the man-eater. They will consume all ur money.

I pray to God. plz let Biswajit Ghosh(agent in Nirmal Bang Park street Kolkata) suffer a similar losses that I suffered because of him.

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    Nirmal Bang Phone
    +91 11 4585 2700 [New Delhi]
    +91 76 0001 3717 [Gujarat]
    +91 33 4031 1051 [Kolkata]
    Nirmal Bang Address
    10185A, Mezzanine Floor, Arya Samaj Road,Karol Bagh, New Delhi, Delhi, India - 110005