[Resolved] Religare — Misleading sales - you will lose money here!! | |||
I had an account with Religare Pune. Customer Representative Siddharth Doshi has lost more than 5L of my money within a span of 1 month. They do not have any advisory and they execute trades without any prior confirmation or intimation. Now, the agent does not even answer phones. They have not bothered to send statements, even after making such huge losses, they do not have any damage control for customer Do NOT invest with Religare. YOU ARE SURE TO LOSE MONEY They are cheats! Was this information helpful? | |||
Feb 2, 2017 Complaint marked as Resolved Verified Support Apr 16, 2012 Religare Enterprises Customer Care's response Dear Sir, Please write to us at [protected]@religareonline.com mentioning your concern and contact details. Our representative will get in touch with you at the earliest. Regards, Team Religare | |||
29 Comments | |||
Comments
Religare — non recieval of customer id and username
sir,I have opened a dmat a/c with religare securities in dec 2007. inspite of my several reminders and phone calls, the company is not providing me my customer id, due to which i am unable to login to my a/c.my details are as under:-
client code- N146515
demat A/c no.[protected]
branch code- 2415
branch- pune
i forgot my password please password on my email
Religare — demat account number not received
I have applied for demat account but account no not received through courier.My PAN no is BAZPS7331G and bank account no is [protected] please repply soon.
Religare — service fault
Hi ,this is vimal dhar again.in continuation of my complaint where the confirmation code was cee76
re the complaint which i have lodged for the logan insurance ,please find enclosed my contact details
mob:[protected]
address of communication
205,jaishrinathji appartment
mahaveer colony
new bhopal pura
udaipur ,rajasthan
313001
thank you
Same cheating is happening with me. We have to take collective action against this company in SEBI and Indian courts. Let's make this a movement so they learn a good lesson.
Well, same is also happened with me but as I have confirmed all trades hence responsibility is mine…Hope, similar thing happened with you guys…we can’t say trades executed without confirmation but yes, they need to work on advisory...
Got in touch with Religare complaints department.
They confirmed that dealers put in HUGE single orders eating up all margin.
They confirmed that dealers did not put in stop losses for derivatives
Accounts were ignored to the extent positions decayed till expiry date.
Solution offered by Religare: Sir, give us more funds, we will try to make profit - may be it will result in profit.
@Team Religare - You already changed dealers, I gave you more funds, lost that money again.
My friends and colleagues lost money on your count as well.
PEOPLE - AVOID RELIGARE AT ANY COST !!!
I will post updates if Religare actually has a Customer Focus and reverts back with something sensible.
They confirmed that dealers put in HUGE single orders eating up all margin.
They confirmed that dealers did not put in stop losses for derivatives
Accounts were ignored to the extent positions decayed till expiry date.
Solution offered by Religare: Sir, give us more funds, we will try to make profit - may be it will result in profit.
@Team Religare - You already changed dealers, I gave you more funds, lost that money again.
My friends and colleagues lost money on your count as well.
PEOPLE - AVOID RELIGARE AT ANY COST !!!
I will post updates if Religare actually has a Customer Focus and reverts back with something sensible.
@Team Religare: I have written to you at your email address with the issues. Your representative has already gotten in touch.
It is not about getting in touch - it is about solving my problems.
I have lost my money owing to
1. your sub-standard calls
2. experimentation with my hard earned money
3. Collegiates with no experience handling my account
4. No stoploss put in
5. HUGE orders just to get that extra brokerage
6. zero monitoring of account losses, transactions, stop losses put
Why should I put in more money to trust you? That is not even a solution - that is just a marketing gimmick that I fell for and lost money due to in the first place ... you have the audacity to put that forth as a solution!!!
People ... AVOID RELIGARE!!! AVOID RELIGARE!!! AVOID RELIGARE!!!
It is not about getting in touch - it is about solving my problems.
I have lost my money owing to
1. your sub-standard calls
2. experimentation with my hard earned money
3. Collegiates with no experience handling my account
4. No stoploss put in
5. HUGE orders just to get that extra brokerage
6. zero monitoring of account losses, transactions, stop losses put
Why should I put in more money to trust you? That is not even a solution - that is just a marketing gimmick that I fell for and lost money due to in the first place ... you have the audacity to put that forth as a solution!!!
People ... AVOID RELIGARE!!! AVOID RELIGARE!!! AVOID RELIGARE!!!
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+91 12 0339 1000
2nd Floor, Rajlok Building, 24, Nehru Place, New Delhi, Delhi, India - 110019
Religare — CRN number and password
Sir, Please send my correct CRN and Password.