HDFC Bank Securities — grievance against hdfc sec - illegal deduction in the name of margin

sameer udupa

from Bengaluru, Karnataka

Address:	Bangalore, Karnataka, 560066
Website:	ntrade.hdfcsec.com

I have a fno demat account with hdfc..in the name of total margin hdfc sec has been deducting huge amounts which has crossed 90, 000 thousand from my bank account, irony is that the margin is also towards deduction from my account but never credits to my account.

When raised a concern to the customer support team, they send a standard response that this is due to change in margin amount.

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Comments

impact

from Delhi, Delhi

even i have head of it, the margin level has changed and now the margin is levied more than what is would be earlier. But it seems to be as per requirement.