[Resolved]  Religare — Misleading sales - you will lose money here!!

Address:Pune, Maharashtra

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!
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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
Complaint comments 

Comments

Day 55 - No response from Religare - AVOID

Within 1 month you will lose all your money!
Huge orders sucking up your entire balance with NO STOP LOSS

AVOID RELIGARE
Day 55 - NO RESPONSE!!! If you see a Religare Agent, run like hell !!!
And the days pass on ... Day 60 - I want to cite this as an example of how Religare treats customers.

First of all, they themselves do not have any process to monitor what is being done with the customer's money
2. Religare does not treat complaints seriously
3. Does anyone know how this can be highlighted at moneycontrol / Network 18?
Day 75 - People, Religare is banking on my losing hope and giving up on telling the truth about them to people.
I will not stop. If anyone knows how this can be highlighted on Moneycontrol, Zee Business, Bloomberg or any other Television Channel, kindly let me know.

Religare is unethical, unprofessional and anyone who earns their money should stay away from it.
SAVE YOUR MONEY!! DO NOT OPEN ANY ACCOUNT WITH RELIGARE - DO NOT RESPOND TO ANY OF THEIR SALES CALLS.
Day 75 - People, Religare is banking on my losing hope and giving up on telling the truth about them to people.
I will not stop. If anyone knows how this can be highlighted on Moneycontrol, Zee Business, Bloomberg or any other Television Channel, kindly let me know.

Religare is unethical, unprofessional and anyone who earns their money should stay away from it.
SAVE YOUR MONEY!! DO NOT OPEN ANY ACCOUNT WITH RELIGARE - DO NOT RESPOND TO ANY OF THEIR SALES CALLS.
maii aapse yeh janna chata hoon ki kisi ki position cut karne se phele aap is bat ki jankari customer ko dena jaruri samjhte hain ya nahi

fm-kaushal rai, varanasi
my CRN no is[protected] and old password 106315.My email ID is [protected]@YAHOO.COM . Iforget my email ID password .my email ID is not open .my new mob no is [protected]. please send new CRN password in my new Email ID [protected]@yahoo.in and also updated my new mob no.
Hi All,

Don't buy the Religare Health insurance. Initially they will explain the policy terms and conditions properly to customer, mostly they hide the policy terms which is benefitted to company.
For E.g.
1. Deductible amount of Rs. 10, 000/- per Policy year. - which should pay the customer when he claims the first time.
2. 20% Co-Payment for all claims made in non select network hospitals.

Above two policy terms not explained by sales executive before taking the insurance. Due to which we are loosing the amount.

Customer
Santosh

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