[Resolved]  Reliance Money — Demat Account

I have been applied for Demat account in Reliance Money vide application Number - [protected] on 19/11/07 with 500/- cheque No. 141741 Dtd 20/11/07. amount debited from my account on 24/11/07. But, Reliance money says we are not getting your cheque clearance information. Till date , not yet get my demat account. customer care also not responding properly. I was submitted my Bank pass book copy and cheque transaction details vide compliant No. of Reliance money QRC-527278.
But, till no action taken from R/Money.Pse. provide help to me.
Was this information helpful?
No (0)
Yes (0)
Aug 13, 2020
Complaint marked as Resolved 
Complaint comments  13 CommentsShareTweet


I have applied for a Deemat Account ( Application No. [protected]).When I enquired at the local office of Reliance money at Trivandrum, it is informed that my account number has been alloted.But till now I have not obtained any papers in official.Please send me the respective documents so that i could operate my deemat account.
yours faithfully,
i have been open an demat a/c in near about august but i forgot mt a/c no. and mis to take all demar kit so i want to activate and start my demat a/c my cell no. is [protected]
I gave application for a Demat account with Reliance Money on 31st Dec 2007. Till date (20th Feb 2008) they have neither opened the account nor provided any information. A complaint was registered with them online but with no avail.
Over that the agent who took the application either does not give any status update or otherwise everytime the standard reply that it will be done in a week's time. The agent also does not have the sense on how to talk to customers and acted rude.

It has been very frustrating experience dealing with Reliance Money. I wanted the Demat to be opened by 15th Jan so I could apply to IPOs but till date I am still waiting. The other banks or financial institutes can open this in a week's time. I suggest strongly against going for Reliance Money investment/Demat account.
I, Anil Kumar, DOB:-14January'1963 & application no.[protected] for opening Demat account sent to Patna Regional office on dated 10th Jan'2008.
But NO KIT or any other materials has been received so far.

Please do the needful at earliest.

With regards,
Anil Kumar
gd afternoon sir,
i wan't to know that what is demat account. and why reliance.
Dear sir
my reliance money is not being opened for trading .Though I made contact with the following Nos
All the above Nos gave me ensurance that it will work within 10-15 mins but its not working after 8 Hrs kindly help me as soon as possible that I may not get any loss in trading. !!

Reliance Money — d-mat account opening.

Dear All,
i submitted the money to the reliance money for the opening of the my D-MAT account, but it's been already more than a month, i didn't got my D-MAT KIT, they even don't keep their words, they were just saying to me that you will definitely able to get the KIT with in 1 week, but nothing was happening, THIS WAS ONE OF THE MOST PATHETIC EXPERIENCE that i ever had, i think reliance money had just putted THE BUNCH OF FOOLS THERE IN THEIR OPERATION DEPARTMENT, who even don't know how to deal the customer queries, This is not the problem only with the peoples who interacting with the customers, i even talked to THEIR REGIONAL HEAD( NOIDA REGION), she was saying like we CAN'T COMMIT WHEN YOU ARE ABLE TO GET THE KIT, BUT YOU WILL DEFINITELY GET IT SOON, this was their regional heads quotes, SEE HOW IRRESPONSIBLE THEY ARE..., If i Had a power i will definitely going to SEW THE COMPANY.., please don't go to RELIANCE MONEY, THIS WAS ONE OF THE MOST UNTRUSTABLE BRAND, SORRY TO SAY BUT THIS IS TRUE.
i had applied for a deemat account (along with a cheque of rs. 750/-)in the july mth in pune bhandarkar road branch but company was unable to open the same till date, day before yesterday i got the very first call from company`s side that too for confirmation of my details wherein i refused to confirm the same as long back in last mth first week itself i have requested Vivek singh whose email address is[protected], for refund of amount.
i was told that within 8 working days i will get the refund but till date i am struggling to get that.

in this regard i would like to appreciate the services of M/s India Infoline who have opened my account within stipulated time of 10 days.
Dear Sir,

My Name is Milind G.Karmarkar, I have damat Reliance Demat account.I miss all my original doucment & key.
Can I get duplicate & other key for trading
DP ID : 13041400
Client ID : 03621462


Dear Sir

My name is Vaghela Haren I have open damat Reliance Demat acount your jaipur baranch but i have not received may kit. i have apply on 08 Aug 2009. may i requested to you send may kit may address

Thanking You

Harendra Sinh Vaghela
Reliance Money is having worst customer service and they review the brokerage charges and many hidden charges. I SUGGEST RELIANCE MONEY IS BAD FOR TRADING
I ARJUNA CHHURA opened a demate account on 2007, but till sate i nothing any transaction, please intimate who can I use the account for purchase of shairs and others.

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    Reliance Money
    Customer Care Service
    Customer satisfaction rating
    Reliance Money Phone
    +91 44 3025 4749
    +91 44 3025 4750
    +91 44 3025 4758
    Reliance Money Address
    No 6 Reliance House, Opposite Sastri Bhavan, Haddows Road, Nungambakkam, Chennai, Tamil Nadu, India - 600034
    View Full Information