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Edelweiss Financial Services Complaints & Reviews

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Updated: Oct 19, 2023
Complaints 97
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8
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Edelweiss Financial Services reviews & complaints page 2

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Address: Delhi

1. Multiple issues, the account was opened as free, i.e; without any maintenance charges as a part of bulk opening in Company for ESOPs holdings. After 3 yrs, they charged Rs. 590/- each in Nov'19 & Nov'20 wrongfully. Raised service requests, spoke to multiple executives, wrote mail to provide proof of schedule of charges accepted by me, however no response.
2. In Dec'19 did some trade and sold some ESOPs, the money should have been...
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A
Arppit Guppta
from Noida, Uttar Pradesh
Feb 23, 2021
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Unable to trace or encash my ULIP policy after its maturity

Hi,

Please note my ULIP policy details which after I am unable to trace or encash it after its maturity. Edelweiss customer care is unable to help me to trace my policy.

Policy Number[protected]E

Plan Name - Edelweiss Tokio Life Wealth Accumulation (Accelerated cover)

Risk Commencement Date - 14-Jan-2016

Maturity Date - 14 Jan 2021

Fund Name - Equity...
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somulohia
from Delhi, Delhi
Feb 18, 2021
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Loan Cancellation Forged Signature and Wrong Commitments

Dear Team,

This really very strange and amazing that I have been paying my EMI ontime and despite this I have been told my loan will be cancelled ???

Infact now this means your team is giving me "THREAT'S" so let me reiterate you that till today I have not got any official sanction letter from Edelweiss, Neither any Sanction Letter has been signed by me and above all I was promised that "NO INSURANCE WILL BE...
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imprrint
from Mumbai, Maharashtra
Feb 1, 2021
Apr 13, 2023
This thread was updated on Apr 13, 2023
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Home Loan Foreclosure

This is to bring to your notice that i have a active home loan from Edelweiss Financial Services account no.LMULA[protected] from last 5 years.

From last 2 months I have been continuously writing & mailing for the Forclosure of my account, but till date i have not received any confirmation from them. Its really embarrassing that they are purposely not answering....
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smuthu
from Mumbai, Maharashtra
Oct 22, 2020
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Edelweiss - Cheated, unethical practices and worst services

Address: Edelweiss securities, 2nd floor, 80, 7th avenue, ashok nagar, chennai 83

I contacted Edelweiss Securities/Broking Ltd in July2020 for an investment plan for NCD bonds and deposited 3Laks in their account. But I ended up getting defrauded by Edelweiss frauds well planned by them. I can submit all proofs when required like the one attached.

Edelweiss is being accused of:

1. Defrauded me on availability of stocks (I deposited funds only when edelweiss confirmed availability. But it wont...
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thetushargoyal
Sep 8, 2020
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Fraud while switching policy.

Address: 4th Floor, Tower 3, Wing B, Kohinoor City Mall, Kohinoor City, Kirol Road, Kurla(W), Mumbai 400070

I received a call regarding switching my existing life insurance policy from hdfc life to your company as i was not satisfied with that policy.
After getting all the details confirmed from the executive i made the payment with below mentioned utr number on 25 august.
Later on after payment confirmation i come to know that the executive was misleading me regarding switching my policy. Instead he provided me a fresh policy about...
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Dhawal J
Jul 19, 2020
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emergency credit line scheme

As per govt of india ecl policy. We are eligible for a 20% loan on our outstanding loan amount. Mr. Hazik from ecl called us and confirmed the same also. We are completely eligible for the said loan. Now they are demanding that i pay one emi and then only they will disburse the amount.

As per the policy we should not have any dues with the lender as on 29th february 2020. We didnt have any outstanding. They are unnecessary...
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Buy Online they will take care of your issue
Jul 15, 2020
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bhaigiri by there gondas, ignoring rbi guideline for moratorium, abusing call complaint

Why is “edelweiss finance” not following rbi guidelines :-
Date 15th july 2020

I have even opted for moratorium approx. 2 months before only. But then too why your bully guys keep calling from different numbers and keep abusing me. Mr ravsaheb anuse abused me today in afternoon 12:00 pm and 12:15 pm. He had also threatened me yesterday at same time. The contact numbers he used were “[protected]” and “[protected]”....
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No proper response

Dear sir

Last many days to connect edelweiss customer care no but all time customer executive busy at the call no any proper response company website available get call back option 10 times request series but no any revert from your site baroda in office close edelweiss finance how type connect edelweiss no any department right guidelines my emi every month cut 12464 this month emi cut 16464 why no any response no any reason...
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Ratan Gala
Apr 4, 2020
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please hardly request about my emi.

Address: VINNI Collection thane west

Dear Sir, due to Covid 19 our business is totally closed and hence no business receipts. In this economic crisis we have difficulties in meeting your daily emis. So please tell your office that I cannot further pay till the situation of Covid 19
Is resolved and markets open to regular functioning.
From
VINNI COLLECTION...
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ntihin creater
Feb 18, 2020
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loan application is pending from almost a month

Address: 560008

I have applied for a personal loan in bangalore. One our your executive came and collected the documents at office, after which i'm trying to get in touch with the executive who came for the docs collection and her respective reporting person name "anubhuti" to get an update from almost a month. However, there is no proper response either they say will check and get back or they'll not answer the call.. My cibil got impacted...
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Nameeta Goyal
from Pune, Maharashtra
Feb 3, 2020
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loan foreclosed

Address: Pune, Maharashtra

My loan account num is - lpuneca[protected]. I foreclosed my loan on 3rd december. Mr rahul mane and pravin mane from pune provided me with bank details and i paid 130000 for foreclosure as per the letter they provided. Since 3 months i am following up with them and visited the office but my loan is not closed and emi are hitting my account. I m fed up now and will escalate to rbi if not resolved soon...
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mudit loonker
from Bengaluru, Karnataka
Jan 13, 2020
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kushal borana jodhpur

Address: Jodhpur, Rajasthan, 342003

Written complaint had been filed now 2 days back... Kindly take necessary action else i will sue both kushal borana and edelweiss jodhpur for fraud and looting and cheating people...

Have all cheques and written letters and one phone against which he took money and kept me waiting such long...

Consider this as my final complaint next time i will lodge complaint against company with employee for running dabba...
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thangarajan sargunam
from Uttukkuli, Tamil Nadu
Dec 23, 2019
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emi due

Address: Bangalore, 560027

Dear team

The entire day manoj from recovery team was calling back to back for my emi due
Which I have cleared today itself
But again and again he calling me and texting me to come to office
Till 9.47 he was going on texting in wats up
He said that you can complain to our zonal head manjunath also

Because he only told to do recovery at late evening

My question is that...
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Azam Zuberi
from Chennai, Tamil Nadu
Dec 6, 2019
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demilitarization of physical shares in account

Address: Aligarh, Uttar Pradesh, 202002

I had given my physical shares in m/s edelweiss at canaught place branch new delhi against my demat account no. Ex740843 in the month of june-2019. The total cost of all shares certificates is approximately 600000/- (Six lakhs). But till date my shares are not demilitarized and no reply was received from m/s edelweiss for any reason. I have the receiving of physical shares certificates and the executive which was assigned to me is now not...
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mudit loonker
from Bengaluru, Karnataka
Oct 11, 2019
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employee running a dabba trading and cricket bokkie

Address: Sardarpura, Jodhpur, Rajasthan, 342003

One of edelweiss employee in Jodhpur, sabu tower branch named Kushal Borana is know to me via a common frd.. He took money from me as loan and I have all documents and signed papers and cheques of kushal Borana.. He is playing in the office using edelweiss facilities and also not paying my money which I had given him as a loan..
Kindly took necessary action and make him pay my money back to be.. Document supporting all can be provided...
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Mangesh
from Hyderabad, Telangana
Sep 11, 2019
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non compliance and poor back office operations,

Address: 400060

I opened nre trading account as one of the ex icici advisor purushotam naik joined edelweiss. This advisor offered low brokerage and i moved my holdings from icici direct to edelweiss
Later i realized edelweiss didn't opened pis account and just linked my icici nre account to edelweiss trading account.
In between, edelweiss platform was not supportive for nre as the same was mentioned by new edelweiss advisor. I raised this...
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Vijaya Algol
from Mumbai, Maharashtra
Aug 20, 2019
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share trading account

Address: H.No 1-56, Indrareddy Nagar colony, 500086

I have provided all the documents to their executive, till now the account has not activated nor the confirmation from the company.

Request to look into the below provided nos stating that they are employees of edelweiss share broking and collected various important documents from me. I have fear that they might misuse my signed documents for any unethical activities.

Contact nos: [protected] & [protected]...
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Sundareshan Sundar
from Bengaluru, Karnataka
Aug 5, 2019
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queries in principal amount - no response from local team in bangalore

Address: Bangalore, Karnataka

Please note we have investment done in your company.
We have queries in principal amount. We are reach out your team for resolve from 6 months.

Problem has not been solved and we visited local office also. Very wiriest response from employee's and still problem going on and also we are not getting interest amount for investment properly.

After multiple followup we will get the interest amount.
br...
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Ashvini Pokale
from Mumbai, Maharashtra
Jul 16, 2019
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loan a/c no lpuneca0000064776 extra emi deducted but till date not refunded

Address: Flat no 501 5th flour aqua blue, B wing ganesh nagar shinde vasti ravet pune, Pune, Maharashtra, 412101

I close my personal loan on last month 10 jun till time I submitted remaining amount hdfc bank dd but 15 jun automatically deducted my rcs throw my account then I send the mail on [protected]@edelweissfin.com he register my complaints nd give me ticket no RF816806 and tell me your complaints is resolved 2 3 working days but till date I am not receive my extra emi deducted amount he renew my complaint after 2 3 days
I think edelweiss...
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