Reliance Money - Demat & Olt A / C — Delay In Opening Account
It is so disgusting to know that at the time when companies are being forced for 'KYC' compliances, the response from few officials / organizations is going from bad to worse. One such instance is of one Mr. Nandi (I am not sure of his surname) of Reliance Money from Banshankari branch of bangalore. Let me first summarize the whole stroy - i applied for a demat and Online Trading Account with reliance money on Jan 24th and till today there is no trace of the account and my cheque for the initial deposit of Rs. 750 also got cleared on the Feb 4th.
The official - Nandi Kumar who seems to be a manager agrees that yes the backend is very poor rather than coming forward with a positive approach to resolve the issue. Interestingly there is no communication flowing back from Reliance Money and it was upon my calling only to customer help desk, i realized that there was a small issue in the form which can be rectified. Till this moment, there is no resolution to this issue - i have not been told what is to be done from my end and my Rs. 750 are still blocked with them
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