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[Resolved]  Religare — Refund of money

Sub- Complaint for Demat Account No. N 207192
Dear Sir,

Refer to my account No. N207192 namely Jagat Bandhu dangra, Miss Nidhi & Mr. Amit Jawa approached me to open a demat account. I had opened a demat account and given a cheque of Rs. 20000/- . Miss Nidhi & Mr. Amit Jawa promised me that the total amount will be transferred after opening a linked saving account.

When the amount did not transfer in my saving account No. [protected]. I approached to religare office sector-15 for transfer the balance amount. Religare employees told me that there is some technical & paper problem in my account. They had taken my sign on two papers and assured me that the amount will be transferred within a week time.

After than I contacted so many times but every time relagare staff making me fool and assuring balance amount will transfrred soon.

At last I contact for close my demat account . but relegare staff refused to refund my balance amount.

Now they are telling me that your account is premium type so we will not refund the balance amount.

Religare never told me about any scheme of non refundable of money or any other type of premium account..

Now I want my balance amount with interest immediately. If the balance amount would not transferred immediately then the matter will go to court.

House No. 485, Block- C
Street No. 6 S.G.M Nagar
Faridabad ( Haryana )
[protected] Mobile
Complaint marked as Resolved Aug 14, 2020
Complaint comments  10 CommentsShareTweet


Dear Sir,

My brother had applied through HDFC Securities for 525 shares @ 185/- in M/s Religare,& only 35 Shares alloted me, but till date I have not received the refund order. I had tried calling on the registrar's phone no , but there was no response till date.

My old correspondence address is, sec.8, Faridabad, Now my Present address is, sector-9, Faridabad(Hr.), for any correspondence my address 2168,sector-9 faridabad(Haryana).

The details of my application are as follow :

Sl no Particulars Details
2 Application no : 12577900 dated-01/11/07
3 No. of shares applied : 525
4 Amount paid :97125
5 DP -ID :IN300476
6 Clint ID:41054685
7 Shares alloted : 35

8 Balance amount to be refund : 90650

I am in urgent need of money & would therefore request you to refund the balance amount at the earliest.

Thanking Regards

Sumat Jain ( Brother )


I fully agree with you. My personnel experience with religare have been same. The level of service provided by Religare is well below satisfactory level. They will promise you everything but deliver very little. In the fast competitive world, if they maintain the same, i am sure they will be elimintaed from market.
Respected Sir,
I RENU JAIN, the equity share trading a/c holder of Religare Sec. ltd.,Cannaught place Branch(Trading code-RJ1447 & Branch code-1284) is complaing you against your C.P. branch (code-1284) for selling off all of my stocks on[protected] at 13.46pm without giving any intimation to me and without my order.They informed me at 14.05pm on[protected] after selling off all my stocks.I am a very small invester.My capital of Rs 5.76lacs which was invested with them had finished.This is only because of my R.M.,Mr.DEEPAK of C.P. Branch. He always gave me wrong information and misguide me.His behaviour was very rude.i want to SUE RELIGARE.I want to claim all my capital of rs5.76lacs from them and plz give me full support to claim my capital.
Plz take immediate and strict action against Mr. DEEPAK and against all above mentioned matter.
Kindly reply me as soon as possible.I am waiting for your reply.
Thanking you,
Yours truly,
Trading code-RJ1447
Branch code-1284
Adderess-2378/178 ganesh pura-B tri nagar delhi- 110035
Phone no.-[protected],65042003
The servcies of Religare are very poor. At the beginning they make so many promises. But after opening the account, nobody is there to listen to you. Even now I have forarded my request on 18th June to close my dmat and trading account with them. But they are not closing my account. Customer care tells me to go to the branch and branch tells me to contact customare care. They are having my deposit of Rs.10, 000/- but not refunding my hardearned money . Can anyone help me in getting my money from them
the gujrat head Mr.Vivek shukla in ahmedabad branch is a very cheep guy He make person resign from his job who are working in Religare and after they resigns from there job he tell his reference to other insurance company to offer them for job this is because he is going to shift in that company in april and he gets his own team there
sir my id bs3993trxn date 27/03/09 ongc [protected]@808.85 in delivery . then i coll date 02/04/09 sale my all ongc sheer but my a/c sale [protected]@840.00 respected sir this phon attendent is mistek . plz help the worng trxn sir i am not god english lenguage
i have an equity account which code is RS9130. i have online facility but near about 15 days ago i have lost my odin password . I told my promblem your emplyoo. but he refused my complaints. if my problem are not resolved in the next two or three days. to tumhare emoplyee ke liye thik nahi hoga.
my mobile no is [protected]


I have open my account with Religare 2 years back and Account Code :SG4347.

I have given a Cheque of ABNAMRO BANK (Cheque No:-554806) of Rs.10000/-(Rupees Ten Thousand)to one of your executive Mr.Rajan Srivastava in Noida in February 2009 for equity trading and asked him to inform me time to time.Now it is almost more then 3 months and whenever I am calling he is not picking up his phone.Even I tried to reach the RM Mr. Ravinder Singh but the same problem.So, I find Religare and its executives the most worst service provider.Now I want my money back so tell me how I can get my money back?

If I am not going to get the response as well as my money back then I am going to put this issue in the consumer court and on internet also so that other people also see before going to deal through Religare.

Shailendra Kumar Gupta
Dear Customer,

For my personal advice, Don't go to Commodity Trade with Religare. Since, what I my understand especially at Religare, Alwarpet Branch, Chennai, they don't know indepth of the knowledge of Commodity trade. Sametime Customer will lose their harden earn money. Finally cheated to Customer. Please take care.
I got a call from Mr. Rajat Singhal ( # [protected]) regarding opening DEMAT a/c in Relligare then I inquired a little bit about facilities given by them, somehow I got satisfy with their scheme and I had given a cheque of 15000.

Within 2-3 working days that guy opened my trading a/c & started trading without my permission. I asked him about updates.. sometime he updates me & sometime he used to trading in Future & options.

Ultimatelly he lost my 10000 while I keep on asking him not to do any trading any account.
Now condition is that, the guy is [censored]ng nt even picking my call as well that [censored]ing staff & office Landline keep on buzzing but no responce.

As of now I hope I lost my 15000 INR totally & this is reality of cheating of customers in Relligare Securities.

Please Note that :

Relligare is really [censored]ing trading company which originally made to ruin your savings.

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    Religare Enterprises Phone
    +91 12 0339 1000
    Religare Enterprises Address
    2nd Floor, Rajlok Building, 24, Nehru Place, New Delhi, Delhi, India - 110019