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India Infoline Finance [IIFL] Complaints & Reviews

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Updated: May 18, 2026
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J
Jitender Singh Saini
from Mumbai, Maharashtra
Mar 6, 2010
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I held few shares with India Infoline however since I was in need of money to pay my credit card bill, I requested ashok mohanty on 24 to sell off my shares and I also submitted a request to change my linked savings bank a/c from citibank (since it was now closed) to ICICI a/c. I was promised by Ashok mohanty that I will get my money credited around 17000 in my icici a/c by 27th feb, however later on 27th they sd they made a mistake and instead of changing the base a/c from citibank to icici they just added icici a/c. and they cannot transfer the amount to any other a/c other than the base a/c.

Sandeep said that the money will only be credited on TUE. But it still didn't happen. on wednesday ashok called me and sd that now they were able to fix the issue and he has got an email confirmation which says the amount will be credited by 7pm on friday on 5th march. but it still didnt happen.

On sat I called ashok who was still to reach office at 12 pm, so i called sandip, he sd he was out and gave me another no of Vijay to check, vijay confirmed that the transfer was done on 4th march and will chk with icici why the money wasnt credited and will call back. even 2 hours after he didnt call

I thought I will go personally to their office and check. Their office was closed, they closed much earlier than the scheduled time (they working hours on sat are till 4pm) but they closed the shop by 2 inspite of me raising concerns in the morning, no one called me.

I again called ashok and got his senior manager's no Mr george, He was fully aware about the case but didnt try to help at all, never apologised instead it seemed like It was my error for chosing their service, sd I cant do anything, I will call you back that what he said, and then he called to say that the money was transfered on friday, I am not sure whom to believe and then suddenly he kept the call and didnt ans the call.

it was a disaster, he was not ready to compensate any late charges I will incur due to them being late in paying my money. he just didnt come up with anything and its not that he didnt knew about this case now, he was fully aware about the delay but everyone involved was just complacent, apart from ashok calling me on wed, no one ever called me even once in this entire episode.

alll of them just behaved like inhuman pigs and gave me the worst service,

request you to please help and end this harassment episode
Aug 14, 2020
Complaint marked as Resolved 
The manager Mr george was behaving just like a pig, no empathy,
Sandeep and vijay are just , who dont understand the meaning of Sir, I will call you back, they just forget everytime they say this.

Ashok tried helping but I guess, rest everyone in India Infoline are a bunch of duds, . no wonder the firm is just going down the drain
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    Shailendra78
    from Chandigarh, Chandigarh
    Mar 3, 2010
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    Sir/Madam,
    I, Lokendra Singh from Mathura, have dmat trading account(LOKSING1) in India Infoline Ltd. My bank account in ICICI bank Ltd. is attached with the india infoline ltd. for fund transfering. I submitted request 2 times for payout of Rs 101000 in my account. Now it is showing that fund has been debited from dmat account but other side it has not credited in Bank account. So plz help me.


    Rgrds-
    Lokendra Singh (Dampier nagar, Mathura)
    Dmat A/C Id - LOKSING1
    Bank A/C no - [protected]
    Aug 13, 2020
    Complaint marked as Resolved 
    I want to close my IIFL a/c. ( ARINDAM0).

    Kindly, pay out my all invested amount and transfer it to my mentioned SBI account.

    Thanks and regards,
    Arindam Ray.
    (M):[protected]
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      M
      Mukesh Pachauri
      from Delhi, Delhi
      Mar 2, 2010
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      Dear Sir

      I have submitted my share certificate no. 35737 pertaining to 100 share of M/s. James Hotels Ltd. for dematerilization vide DRF No. 590733 dated 10th February,2010 till date I am unable to get the DRN No. and date generated at your end. Please note the requestm of demateriliization should be updated within a period 21 days as per the norms of the NSDL

      Since almost 21days have lapse the certificate have not been reached to the Registrar and Transfer Agent M/s. Alankit Assignment Ltd. You are requested to kindly ask from courier regarding the fate of the subject so that and not comple me to initiate any legal action against you.

      Incase I would be filing a legal case against you it will be at your own risk and expences against the financial loss which I am suffering in between .

      A line in reply would be highly appreciated.

      Thanks & Regards

      ( Mukesh Kumar Pachauri)
      My ID is KUMARMUP
      Client ID : 10959184
      .
      Aug 13, 2020
      Complaint marked as Resolved 
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        A
        ARUMUGASAMY
        from Chhota Udepur, Gujarat
        Feb 25, 2010
        Resolved
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        I am a small investor, opened online trading a/c with India Infoline Ltd / 5paise.com to invest in shares and paid Rs.100000 as initial deposit. I was informed that the a/c was opened. I was waiting the right time to invest, but before that the broker without authorisation carried out trade resulting in loss. I have taken up with their branch through whom the a/c was opened. Still they continued the gambling type of trade, lost over Rs.60000 within 2 months. When I have written to their Head office, I got the reply saying that the trade done were intimated to me through e-mail/ SMS/ Courier, hence I have to bear the loss.
        NSE / SEBI does not allow broker to carryout trade without client’s authorisation. India Infoline Ltd / 5paise.com is such a great brokerage firm who can loose over Rs 60000 from the client’s a/c and disown. I want to give this issue wide publicity, so that other small investors are not put into suffering as i am facing. I propose to take legal action against India Infoline Ltd / 5paise.com to claim loss.
        Mar 25, 2018
        Complaint marked as Resolved 
        Verified Support
        Feb 22, 2018
        India Infoline Finance [IIFL] Customer Care's response
        Dear Sir,

        We have a high standards of quality staff who serves the customers at the best in the Industry.We would look forward to speaking with you .Requesting you to share your Login ID / Contact no. to reach out to you soon.

        Else, you can call us on Customer Service No.[protected] or mark us a mail on [protected]@indiainfoline.com from your registered E-Mail ID for your concerns.

        Regards,
        Team IIFL.
        Not only this is the case .. even if you do your trading ... the pip there nose in that when you stop for few days and do trading .. to make there commotion ... the most worst brokerage firm ... i request all of the people please come out and talk in public.. and express your angriness .. and make other to be aware.
        India Infoline Finance [IIFL] Customer Care's response, Feb 22, 2018
        Verified Support
        Dear Sir,

        We request you to kindly share your Login ID and Contact no. with us so that our officials will reach out to you soon regarding your query.

        Else, you can call us on Customer Service No. 022-40071000 or mark us a mail on [email protected] from your registered E-Mail ID for your concerns.

        Regards,
        Team IIFL.
        I also face similar problem. Without intimate me anything they already invested in market. And due to their irresponsibility of tracking it, I already lost over Rs.7000/- what I was putted in my account. Now we need to make unity and raise the voice for it and also need to take legal action for it.
        In the chart unable to open details. The R.M. or Branch Office uhnable to solve the problem.
        (Ramm3142)
        vadlamani subbarao my dp id no IN 302269

        CLIENT ID 11160674
        STATEMENT OF MY ACOUNT PLEASE GIVE ME MY EMAIL ACCOUNT
        Sir, my cliient ID is NARCHA63. I have forgot my password. Thereafter, you have provided me a common password to my Cell phone no.[protected]. Despite repeated attempt through your common password, I could not open my trading account. You are requested to provide me again a common password so that I could open my trading account again.
        Never ever leave your trading account related problems to the mercy of your stock broker. Always, immediately drop a strongly worded email to their customer service or customer grievance and immediately write to NSE ([protected]@nse.co.in) or SEBI ([protected]@sebi.gv.in) without any delay. If you do not act within hours, then rest be assured, your money is gone. These brokerage firms earn through trades. So, they force more trades to earn more money. Indian laws have many many loopholes and they can exploit the loopholes in the system and do anything in your account. You won't be able to know and you wake up some day to find your money is gone and you are slapped additional bills by the Stock Broker for the Loss they have caused by abusing your account. Please be rest assured, these Stock Brokers in India and their illegal actions are strongly backed by the quasi judicial bodies in NSE and SEBI. So, protect you and your assets as soon as possible.
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          R
          Rishabh Singhal
          from New Delhi, Delhi
          Feb 18, 2010
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          I got a call from them saying "THEY ARE FROM ICICI PRULIFE, NOIDA, Sec- 18 and told his designation as Branch Manager. His name was Mr. Rohit ( Contact No - [protected]).
          I purchased a policy from him in ASSURE WEALTH plan on 06th February, 2010 and filled up the application no LL 3713437. I made th payment throuh cheque no 607737 dated 06th February, 2010. After few days, when they didn't made any contact to me, I visited the branch and came to learn that no such person works ther. Mystery gets solved fold by fold and then i came to know that they are your corporate agents named INDIA INFOLINE with agent code as 106028.
          As i was misinformed by them, i stopped my cheque. Now, today when i have received a policy from the company for the same, I was more shocked to see that they even copied my signatures on another form. They themselves filled a form no LL 37829431 and change details. They have filled some additional details in it which are s follow:
          1.) AGENT CODE: 1060528
          2.) FSM/FSC CODE: 00849729
          3.) LIM/CSR CODE: C82327
          4.) CAFOS CODE: C85131
          Now, i want you to initiate some strict legal action against them, else i have to knock the doors of court as its a clear case FRAUD and CONSUMER HARRASMENT. Some more people were involvd with them. Their names are as follow:
          1.) Mr Lalit
          2.) Mr Michel ( Area Manager)
          3.) Mr Hemant (Dog Boy)
          4.) Mr. Punit Kohli ( Fund Manager)
          Aug 14, 2020
          Complaint marked as Resolved 
          the worst people are in india info line j.p nagar bangalore, they dont even has manners...and no.1 for mis behaviour, that company is ruined by Mr. and Mrs. Gyanesh jain
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            Amit Doshi
            from Ahmedabad, Gujarat
            Feb 17, 2010
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            India infoline change my brokerage structure without informing me, when i have contacted them, they told that it will be reverse but it is almost 2 months they have not reverse. When ever i call them they use to tell that it will be done in 1 to 2 days.

            They have double my brokerage without informing me.

            Please help what should i do ?

            Thanks
            Amit Doshi
            the worst people are in india info line j.p nagar bangalore, they dont even has manners...and no.1 for mis behaviour, that company is ruined by Mr. and Mrs. Gyanesh jain
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              S
              Sahu Sunita
              from Mumbai, Maharashtra
              Feb 17, 2010
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              I have given a cheque no.455317 dated 0612010 for rs.16285 favour in India Infoline ltd. Gudiwada.
              The above cheque was presented by your Axix bank to my bank State Bank of Hyderabad in clearing and the cheque wass paid on 0812010. The amount is debited from my account on 0812010 , but to my surprise the amount is not crideted to my account with India Infoline Gudiwada.
              Hence i request you redress my complaint and give cridit to my account at an earliest.
              yours faithfully,
              Sahu Sunita (ssunita9)
              please contact by [protected]

              IndiaInfoLine — delay of payment

              sir , this my 2nd complaint . i have given a cheque no.455317 dated 06/01/2010 for rs.16285 favour in India Infoline ltd. Gudiwada.
              The above cheque was presented by your Axix bank to my bank State Bank of Hyderabad in clearing and the cheque wass paid on 08/01/2010. The amount is debited from my account on 08/01/2010 , but to my surprise the amount is not crideted to my account with India Infoline Gudiwada.
              Hence i request you redress my complaint and give cridit to my account at an earliest.
              yours faithfully,
              Sahu Sunita (ssunita9)
              it would be rather helpful if you could kindly contact by [protected]
              the worst people are in india info line j.p nagar bangalore, they dont even has manners...and no.1 for mis behaviour, that company is ruined by Mr. and Mrs. Gyanesh jain
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                D
                dilip55
                from Mumbai, Maharashtra
                Feb 15, 2010
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                To,
                The Manager,
                India Infoline ltd.


                Sub: request for taking action against Mr. Saurabh Wadhwa (Mobile no. [protected]) regarding cheating and fraudism of cheque.

                In view above subject that Mr. Saurabh Wadhwa had given the cheque No. 530726 amt. 2000.00 Cheque No. 530727 amt. 2000.00 Cheque No.530728 amt. 2000.00 (HDFC BANK) in favour of settlement of payment but cheque has been bounced and according to bank authority his account is closed

                Request you please do something in favour of settlement.

                Your faithfully

                DILIP KUMAR
                ID NO. 12498615
                TRADING CODE – RISE0007
                MOBILE NO. [protected]
                DELHI
                Aug 13, 2020
                Complaint marked as Resolved 
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                  S
                  Sanjay Parashuram Gurjar.
                  from Ahmedabad, Gujarat
                  Feb 6, 2010
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                  I am a Cliant in Indiainfoline Ltd. since 8/11/2008 having account No. [protected] their are no any proper service to me from Indiainfoline branch of City-Dhule (Maharastra) hence i requiest to transfer my holding to another branch at dated 09/12/2009 & same requiest are mail to "[protected]@5pmail.com" at the same date but branch not co-operate me. But they Buy one Stock "Opto Circute500" from one Exchange & sold it another Exchange in my account hence their are Auction done in my account & I am suffer from big loss. Also they are not accept my Order Date 17/12/2009 & 18/12/2009.
                  I am requiest time to time "[protected]@5pmail.com" but they said it is Technical mistek & Indiainfoline will not able to revers the loss amount which occured due to technical reason.
                  But my complaint is that, this Technical misteck are done by Branch & not by me then why this loss to me? Indiainfoline protect thair Employer & notConsumer.
                  I request to SEBI to solve my problem & give me justice so that investor trust for treding.
                  Thanking you,
                  My E-Mail Adress- [protected]@yahoo.co.in
                  Mobile No. [protected] From. Sanjay Parashuram Gurjar.
                  Aug 14, 2020
                  Complaint marked as Resolved 
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                    T
                    trnimade
                    from Ratlam, Madhya Pradesh
                    Feb 5, 2010
                    Resolved
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                    Dear sir,
                    any body is the customer of above co.
                    kindly share with me.
                    pl summary of INDIA INFOLINE LTD is very defective and not displaying the figure correctly.
                    pl summary of cash segment and F&O position on range date
                    not showing.
                    day by day they are updating but not amending as per
                    the financial system
                    Aug 13, 2020
                    Complaint marked as Resolved 
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                      N
                      nancy
                      from Mysore, Karnataka
                      Jan 21, 2010
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                      am Nancy Dsoza From Bangalor and having D MAT ACCOUNT WITH INDIA INFOLINE.RAJAJI NAGAR

                      This is to bring toy our kind notice that I have been charged Rs 555 as Life time free Scheme in my account. . But the problem is that the charges have been levied not once but twice. My ACCOUNT ID NANCYUP8. AND ALSO ADDITIONAL CHARGE of Rs 292.30 .

                      Also please provide an id of a Senior Person to whom I can complaint regarding the behavior of the Rakesh Sahu India infoline Branch Manager - Mr Rakesh Sahu for his non acceptable and self profit making intentions.

                      When I had opened this account of mine with rajaji Nagar, Bangalore branch almost 1.5years back through Mr.Rakes Sahu, we had agreed for charges of 0.2 % for delivery and 2 paisa for intra day (please check this from initial transactions in this account) . But Now I realised that the charges on my account have been increased to 0.5% and 5 paisa on intra day without informing me and without my knowledge. I have brought this to the notice of Branch Manager Mr Rakesh Sahu thrice but every time he has promised to do but has always failed to do so inspite of three reminders. This clearly suggests that he has malafied intentions and is nothing less than cheating the customer.

                      This man is indirectly passing the business under her for his own and self benefit. . It is clearly evident from his act that the same has been done for his personal profit and target motives and both of them have malified intentions.

                      I would like SEBI Tto look ito the same so that such compnaies and their people canot exercise their whims and fancies and have some fear of SEBI.
                      Hope the higher ups will consider my appeal & take immediate action against Mr.Rakesh.Sahu.

                      Regards
                      Nancy dsoza
                      Aug 14, 2020
                      Complaint marked as Resolved 

                      India InfoLine — misleading informations

                      I AM POSTING HERE THE COMPLAINT WHICH I LODGED WITH INDIA INFOLINE BUT TO MY SURPRISE INDIA INFOLINES DECLINED TO CO OPERATE...DONT TRADE WITH INDIA INFOLINE...YOU WILL LOSE ALL YOUR MONEY...IT IS CUSTOMER KILL LINE...(i request all those who have been cheated bt indi infoline at [protected]@hotmail.com to jointly complaint to sebi)..PLEASE GO THRU MY COMPLAINT...

                      It gives me pain to bring it to your notice that I have been cheated, insulted and also have been given a loss of about 4 lacs by one of your Relation officers, Mr. Mehul Sukadia.(that’s what he claims to be)

                      Sir, this fellow named Mehul Sukadia, who claimed to work with INDIA INFOLINE, contacted me through a common friend Mandhar Gosavi to open a trading account with India infoline.Mehul apparently requested Mandhar to give him some clients, so Mandhar told me that he had given my cell number to Mehul and told me that Mehul will contact me for opening a trading account .I told Mandhar that I was not interested in opening any trading account as I had suffered severe losses in past and was afraid to re enter equity market.Mandhar told me to have a talk with him as he claimed to give assured 4 % returns per month.Next day Mehul called me and tried to convince me that he will give me a minimum of 4 % returns for sure and asked me for an appointment but I showed no interest as I did not trust his claims.This was some where in March 2007.But despite my denial he again contacted me after 3-4 days and told me that he was not talking in air and will prove it to me that he on behalf of India Infoline will surely give me 4 % returns per month on my investmentsAnd the profit cheque will be couriered to me before 10th of every month.And in case I don’t get the cheque in one given month, I can close my account immediately.On his constant follow up, I called him home not promising any thing.As a precaution I called a friend of mine (Mr. Mahesh Nagpal)to be present when he comes.Mehul came and tried to convience both me and Nagpal with his assured and sweet talks about the profit but we politely told him that we will get back to him.He seemed despirate to roll us in so he gave another offer….He said that we should at least open an account with India infoline which will cost only rupees 555 and forcefully tried to give me a form…..I very categorically told him that why should I spend 555 also when I was not convinced to trade unless he gives me in writing about the profits which he smilingly declined…..Now he was more desperate and said that ok he will give me tips about certain stocks and asked me that I should keep a watch on these stocks for about 15 days and for sure the stocks will appreciate at least by 10 to 15 percent in that period. I still did not budge in, then he confessed that India Infoline is a very big stock trading company and it has insider news about the movements of the stocks and also it gets news from companies much before it is made public so the stocks give very handsome dividends to India Infoline clients. What if the markets crash? I asked him. Upon this he smiled and said “we do get this news also in advance and cut clients’ positions much before the fall.” Then he threw a last straw and said “Now I am giving you a very confidential news, watch India infoline stocks. The company is entering into a contract with some foreign company AND WITHIN NO TIME THE STOCK WILL ZOOM UP AT LEAST BY 50 % FROM CURRENT RATE. He also asked us to buy the stock at the prevailing rate but we still refrained from the temptation of buying any thing but after so much of his perusal I agreed to open only the account with him and not to do any trade till the market corrects ant till such time I say yes……The account was opened ….meanwhile India Infoline stock suddenly started jumping from some 400 odd rupees to 600 and then 800 and so on….he again called me and said “SHET, DEKHA KYA INDIA INFOLINE…KAHAN JUMP MARA….SHET HUM AISE HE HAWA MEIN BAAT NAHIN KARTE…APUN KE PAAS EKDUM PAKKI KHABAR REHTI HAI SHET, TRADING SHURU KARO BAHUT MAAL BANAOGE SHET”.I still refrained from the temptation…..the account was opened on 07/09/2007…..He kept asking me for my permission to trade and also asked me to transfer some shares in margin account.”SHET PAISA KAHAN MAANG RAHA HOON, KHAALI SHARES BHEJ DO AUR MAJA DEKHO” but I said wait …..But to my surprise and without my sending any shares in margin account and without my giving any margin money, he traded for me on 21/09/07 for 100 ADLABS SHARES and called me that he made a cool 2000 rupees for me by trading those shares(day trading)and also bought 400 NTPC .I was pleasantly surprised at his move least realizing that it was a bait……very next day, I sent him stocks worth rupees 2 lacs 90 thousand at that time(though my purchase price was much higher……But I still cautioned not to trade and wait for market to correct and then I will send him money to buy more stocks….but he started trading for me right left and centre with funding…..I called him up and told him strictly not to use any funding but his tone was “SHET, YE MARKET MEIN DARE CHAHIYE, KUCH NAHIN HOTA ….AAP DEKHO MEIN AAPKO HER MAHINE MOTA CHEQUE BHEJTA HOON PHIR BOLNA”but that cheque never arrived despite my wait for months…..To top it up, he never sent me contract notes but for first 15 days…..so much so that I did not receive any email confirmations and much later to my horror, I came to know that my email id was not registered only and some body else’s email was registered with India infoline whome I don’t even know and haven’e met also…..But very sweetly he kept assuring me that he is making money…periodically I told him that he is overtrading but he always dismissed me by saying that my thinking is too negative……I also kept on reminding him to send me the profit if any but that day never came …..one fine day, he called me to send him as much money as I have as he said that THERE IS A CONFIRMED NEWS IN INOX THAT IT HAS BEEN BOUGHT OVER BY RELIANCE ANIL AMBANI AND THE STOCK IS GOING TO JUMP…I arranged one lac of rupees and sent him the cheque…..after a week I called him and he said I have made a cool 30 thousand rupees in inox trading…I again requested him to send me the profit cheque but no results…Now I got afraid and realized that he was overtrading in my account just to earn more brokerage and commission….I requested him to cut down my exposure but he never listened and told me that he still had sufficient funds to buy more even if market crashes even 30 %...I finally gave in and asked him to be careful as the market was overheated……And suddenly all my fears started coming true…one fine day in mid jan 2008 market started crashing by leaps and bounds…….I called him and asked if we should sell the shares bought with margin money but he reassured me that we were within our limits…..and then suddenly he stopped attending my calls….I kept trying for two days but he would cut my calls….I called India Infoline and was shocked to know that I had a big debit in my account and if I don’t pay immediately, my stocks will be sold…..that was a horrifying news…..I immediately asked them to sell my 100 videocon stocks to recover the money….the guy sold the stock on my request and adjusted the money……now to get in touch with him I called up Mandhar(the guy who introduced us)….Mandhar told me to remained connected and called him from his land line….he picked up the phone ….Mandhar gave him solid bashing on the phone for not even attending my calls….he immediately said that he was out pf town and will talk to me…he did call and started firing me why I sold Videocon without his concent……I told him there was an outstanding balance to be cleared and as it is markets are falling so it is better to remain light…on this he said “SHET MEHARBANI KAR KE HAMARA KAAM HAEN KARNE DO, FAYDE MEIN RAHOGE….BAAR BAAR HUMSE HISAAB MAT MANGO, EK BAAR HI MOTA CHEQUE BHEJANE WALA HOON…AAPKE ACCOUNT MEIN KOI NUKSAAN NAHIN HAI.”His reassurance silenced me…..but suddenly he started selling my stocks right left and centre and on my asking told me every thing was all right ….this is only a precautious selling and nothing was still wrong with my portfolio…..”SHET YE SAARE STOCKS AUR NEECHE MILENGE….”He said…..”But that means my account is in minus?”I asked”THODA BAHUT, PAR MANAGE HO JAYEGA”he said…..But to my horror, nothing was managed …..no contract notes were sent to me, except for the first 15 days……I was never consulted or informed about any buying or selling.yes occasionally I did get sms alerts and then I cross confirmed with him…..he exposed me to funding, which I categorically asked him not to….he put my account into future trading, for which I had told him a strict no…….finally I told him to close my account as I was totally dissatisfied with him and his results….he apologized and promised that in future he will never buy or sell any thing without informing and consulting me but I am sorry to say, he is still doing so……he has confessed to grave mistakes in my account and promised that all will be rectified but nothing has been done so far….I can go on and on …..but one simple question I want to ask from an esteemed company like INDIA INFOLINE….Is he a trained RMO?If not then why has he been given a responsibility to mess with customers’ hard earned money?Who is responsible of messing up with my account?He or India Infoline?I request your good office to intervene into the matter and try to solve the mess, he has created in my account and please try to refund me the genuine losses occurred due to his foolishness…..he has never used stop losses, why?whereas I had very strictly asked him to put stop losses at 10%...kindly settle the matter amicably and at a faster pace as he has been misguiding me ever since I have opened the account with India Infoline through him….regards….SUBHASH SEHGAL
                      note-india infoline declined to co operate
                      i request all those who have been cheated bt indi infoline at [protected]@hotmail.com to jointly complaint to sebi
                      yes, you should get yours claims... it was foolish of the India Infoline Employee to trade without your permission
                      i[censored] want to raise this issue please mailto this id
                      himadri.[protected]@indiainfoline.com &[protected]@5pmail.com
                      Yes i deeply agree, He is worst branch manager in the whole broking industry i have ever seen, this person dont have any knowledge about the company or the markets... i would wish the higher authroitys of the company to take a strict action against this kind of irresponsible people.
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                        P
                        PRAVEEN B BADIGER
                        from Bengaluru, Karnataka
                        Jan 19, 2010
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                        cheque bounce charges
                        The brokerage services India Infoline deducted Rs 500 as charges against the cheque bounce. Detail: I had gave the cheque on 01 Nov 2009, Cheque detail is Canara Bank No 172623 Rs 2000,00 Dated is 10 Nov 2009, To the local Broker, But they had dipositade the cheque on 07 Nov 2009 so at that time Bank people are rejected the cheque due to pre date, India Infoline has charged Rs 500,00 as cheque bounce They are not ready to refund, So please provide me justice

                        India Infoline ltd — chq bounce

                        i have opened a demat account through india infoline ltd and issued a cheque for 5000/- as initial deposit in its favour.
                        It was deposited in hdfc bank ltd, sambalpur(orissa) for clearence, Now india infoline ltd has deducted 500/-as charges for chq bounce charges in my account while my account had suffiecient balance and according to the drawee bank, Andhra bank ltd, bargarh(orissa), no such cheque have been recieved by them for clearing.
                        how they have deducted such a charge by qouting the reason as cheque bounce charges, which is quite a prestige issue.
                        Later when contacted with relationship manager Mr.chhitendra Naik and branch, after several reminders, the amount was credited in my ledger account of india infoline ltd, but the cheque bounce charges are still not reverted.
                        Dear sir, I AM FULLY AGREE THAT IIFL HAS NO RIGHT.
                        RAISE UR OBJECTION IN SE BI-PORTAL OR NSE SITE
                        IN COMPLAINT SECTION.
                        I HAVE ALSO TAKEN UP THE MATTER
                        regards
                        nimade
                        [protected]
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                          M
                          M.SIVAKUMAR
                          from Chennai, Tamil Nadu
                          Jan 18, 2010
                          Resolved
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                          Resolved

                          India Infoline ltd Complaints - PF WITHDRAWAL
                          View all India Infoline ltd complaints
                          India Infoline ltd
                          Posted: 18.01.2010 by SIVAKUMAR.M Send email


                          PF WITHDRAWAL
                          Dear Sir,
                          I was an employee in India infoline Ltd atMadurai East veli steet Branch(Madurai) From 16.10.2007 to 05.07.2008. According to the conformation from HR department regarding my resignation, I had Submitted my PF Withdrawal form on 28.10.2009 to HR Manager, India iinfoline Ltd
                          75, nirlon complex, off western express highway, Goregaon E Mumbai-400 063 , but Still I did not received my PF amount or any further details regarding the same.
                          Name SIVAKUMAR .M
                          Employe Code :C46026
                          PF A/C No :MH/44546/10313
                          Bank A/C No :[protected]
                          Bank Address :BANK OF BARODA BankS.S. COLONY MADURAI Branch


                          So, Kindly look into this Matter as Seriously and Replay me back to my e-mail ID m.[protected]@gmail.com or to My Mobile Number[protected]
                          Thanking & Regards

                          SIVAKUMAR.M
                          93/C MEENAKSHI MILL OLD COLONY
                          VASANTHA NAGAR,
                          MADURAI
                          PIN: 625 003
                          PHONE[protected],[protected]
                          Aug 14, 2020
                          Complaint marked as Resolved 

                          India Infoline Ltd. — PF withdrawal

                          PF withdrawl

                          Dear Sir,

                          I was working with company India Infoline Ltd, Veraval, I left the company from 26 Nov. 2007.
                          According to reciept recieved from HR department, they had submitted my form on 1st oct.2008 to your Kandivali office Maharashtra still I have not recived my PF amount .

                          My PF account No. is MH/93462/3539 . So kindly look into this matter and relpy me back on my mail id [protected]@in.com. or my mobile no[protected]

                          INDIA INFOLINE PF WITHDRAWAL — PF WITHDRAWAL

                          Dear Sir,
                          I am previous employee of India infoline ltd. at Jodhpur branch
                          My emp. codes are C30640 date of joining 01/01/2007
                          Date of resignation Nov. 2007. PF no. MF25661522
                          month of July 08 last I have been send my PF withdrawal form
                          Throw Jodhpur branch. & after receiving of Jaipur branch (Rajasthan HR)
                          I was confirmed that there are no pendency for withdrawal my PF amount
                          by jaipur HR (Dipali yadav). According to Dipali yadav PF amount will be released after
                          6 to 7 month (Jan or Feb month)
                          but I not receive any PF amount till date.So I send mail to HO of India infoline ltd. but after sending of 5 to 6 mail they did not reply any mail & after I made a call to PF dipartment they told me that no any Amount receive fro PF dipartment. pls. tell me how can i Withdrawal my PF amount




                          Thanks & regds
                          Sarvashwar vyas
                          Jodhpur

                          India Infoline Ltd. — ABOUT PF WITHDRAWAL..

                          Dear sir,

                          I submitted my PF Form By India infoline ltd... I have given my AXIS BANK account number but have not received anything yet. I was told that the amount will be credited to my bank within 2 months. Its around 3 months now. Please look into the matter. Any help will be highly appreciated.

                          PF Acknowledgment form no :-MH/93463/252.
                          Desai Dhaval,
                          [protected].
                          [protected]@yahoo.com.

                          India Infoline Ltd. — YET NOT REEIVING THE PF SINCE LAST 8 MONTS

                          i am Uravshi Patel working with india infoline ltd. i have resign in august 2008 . and after 2 months i have fdill the PF fprm for the withdrawl. but yet i didnt get any recepit from the PF office. My PF no. is MH/44546/8551. now i want my PF with the interest for the delay. please help me out in this regards.
                          Dear Sir/Mam
                          I had applied for PF before 2 months .Pls send the status of my PF.
                          Emp Code - C24896
                          Date of Joining - 16-Oct-2006
                          Date of releaving- 20-Mar-2008
                          Designation- Coordinator
                          Location - Kanpur - Govind Nagar
                          PF account no is - MH/44546/2072
                          I had sent my Pf form to lucknow office .
                          Dear Sir,
                          I was an employee in India infoline Ltd at Pathanamthitta Branch(Kerala) From 28.09.2006 to 07.07.2008. According to the conformation from HR department regarding my resignation, I had Submitted my PF Withdrawal form on 04.06.2009 to HR Manager, India iinfoline Ltd
                          Cochin Regional Office, Eranakulam, but Still I did not received my PF amount or any further details regarding the same.
                          Name :SANTHOSH V
                          Employe Code :C23343
                          PF A/C No :MH/44546/5890
                          Bank A/C No :[protected]
                          Bank Address :HDFC Bank Pathanamthitta Branch
                          Aban Arccade
                          Aban Junction
                          Pathanamthitta, Kerala
                          So, Kindly look into this Matter as Seriously and Replay me back to my e-mail ID [protected]@yahoo.com or to My Mobile Number [protected]


                          Thanking & Regards

                          SANTHOSH V
                          CHANGOLICKAL HOUSE
                          MALAYALPUZH ERAM PO
                          PATHANAMTHITTA
                          KERALA STATE
                          PIN:689664

                          India InfoLine — pf

                          Respected Sir,

                          my name is kulwinder kaur i have already applied for pf. but my form is every time rejected .my pf no. is 44546/1531.plz give me revert as soon as possible



                          Regars ,
                          kulwinder
                          [protected]
                          Dear Sir,
                          I was an employee in India infoline Ltd at DM Jamnagar Branch(Gujarat) From 26.09.2006 to 11.06.2008. According to the conformation from HR department regarding my resignation, I had Submitted my PF Submite form on 30.12.2009 to HR Manager, India iinfoline Ltd

                          Name :DEVEN MANEK
                          Employe Code :C24982
                          PF A/C No :
                          Bank A/C No :[protected]
                          Bank Address :AXIS Bank Jamnagar Branch

                          So, Kindly look into this Matter as Seriously and Replay me back to my e-mail ID [protected]@rediffmail.com or to My Mobile Number [protected]

                          Thanking & Regards
                          Deven Manek
                          Jamnagar (Gujarat)
                          Mo:[protected]
                          sir,
                          i was employed here since 1st july 2006 to 31st oct 2007. my employee code is c15518 and i want to know my personal fund a/c no. but no one give me it.
                          sir i need my P F fund immidiate plz conform it as soon as possible in my mail id that is [protected]@yahoo.co.in

                          thanks

                          sandeep khandelwal
                          alwar [protected]
                          PF WITHDRAWAL
                          Dear Sir,
                          I was an employee in India infoline Ltd at cochin branch, kerala dist From 6.08.2007 to 12.12.2008. According to the conformation from HR department regarding my resignation, I had Submitted my PF Withdrawal form on 27.11.2009 to HR Manager, India iinfoline Ltd
                          75, nirlon complex, off western express highway, Goregaon E Mumbai-400 063, but Still I did not received my PF amount or any further details regarding the same.
                          Name VIVEK SURENDRAN
                          Employe Code :C56097
                          PF A/C No :MH/44546/11283

                          So, Kindly look into this Matter as Seriously and Replay me back to my e-mail ID [protected]@yahoo.com or to My Mobile Number [protected]
                          Thanking & Regards
                          VIVEK SURENDRAN
                          43/3062, CHANDRAMATHY LANE
                          THAMMANNAM P.O, COCHIN
                          Dear Sir,
                          I was an employee in India infoline Ltd at alwar branch, Rajastha dist From 1.07.2006 to 5.9.2007. According to the conformation from HR department regarding my resignation. but my PF a/c no. doesn"t confirm so plz confirm the PF a/c no. send my mail id [protected]@yahoo.co.in asap.

                          Thanks
                          sandeep khandelwal
                          Alwar
                          C -15518
                          [protected]
                          [protected]
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                            A
                            Amareshalwari Rajan
                            from Noida, Uttar Pradesh
                            Jan 10, 2010
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                            Hello All,

                            I have opened a D-mat account with india Infoline malleshwaram branch -bangalore. I have never given them any instructuctions for trading but the Relationship managers there used money form my account without informing me.

                            This is breaking the Customers Trust and I would like to warn all the customers of india infoline to keep watch on your account, They may steal money from your account for their benefit.

                            Many Thanks,
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                              A
                              Atul Agarwal
                              from Pune, Maharashtra
                              Jan 9, 2010
                              Resolved
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                              Resolved

                              I have issues a cheque no 053003 drawn on Axis Bank dated 20/11/2008, which got bounced due to no mistake at my end (other reasons from the bank end) and no charges were deducted from my account by the bank . The brokerage services India Infoline deducted Rs500 as charges against the cheque bounce. They are not ready to provide me either the refund for unduly deduction of charges nor they are ready to give me a bill for it so that I can lodge a complaint against my bank for rejecting the cheque which lead to such charges.

                              Customer services in India still have to go a long way.
                              Aug 14, 2020
                              Complaint marked as Resolved 
                              the worst people are in india info line j.p nagar bangalore, they dont even has manners...and no.1 for mis behaviour, that company is ruined by Mr. and Mrs. Gyanesh jain
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                                M
                                MANISH R PHANSE
                                from Vadodara, Gujarat
                                Jan 1, 2010
                                Resolved
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                                Resolved

                                I HAVE ALREADY PAID RS. 2555/- (RS. 2000/- DEPOSIT AND RS. 555/- FOR LIFE TIME SCHEME) BUT THEY ARE AGAIN CHARING RS. 275/- AS AMC SINCE LAST TWO YEARS. ON COMPLAINING SINCE MORE THEN 50 TIMES AND ALSO MAILING TO THEM THERE IS NO POSITIVE REPLY FROM THERE END. MORE OVER THEY HAVE DIRECTLY SOLD MY IDBI BANKS SHARES WITHOUT INTIMATING ME FROM MY ACCOUNT. THIS IS VERY PATHETIC AND POOR SERVICE PROVIDER. SUCH COMPLAINST SHOULD BE BROUGHT TO THE LAYMAN'S NOTICE SO THAT THEY CAN BE AWARE HOW INDIAINFOLINE IS CHEATING THE PUBLIC.

                                ID - MATRUPTI
                                MANISH
                                [protected]
                                Aug 14, 2020
                                Complaint marked as Resolved 

                                IndiaInfoLine — wrong charges

                                I Am SUBARAJU MANTHENA, On 04, 05 Of This Month, I Did Intra Day Trading, Actually For Intraday Charges Are 0.03 Paisa per 100 Rs, I Bought And Sold stock At 27.10 But they Charged 0.03, Actually You Have To Charge 0.01 Only,

                                IndiaInfoLine — demat account every time log in trouble

                                every time log in trouble whenver i want to trade no customer service. Why they should ask for change password everytime. if i change it is not accepted.What
                                fun India infoline playing with the customers.will they compensate for the lossess.
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                                  B
                                  binsypillai
                                  Dec 30, 2009
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                                  Hi,


                                  This is regarding compliant against India infoline.



                                  My Dad and mom had an account in India infoline .prior to a month they were in kerala.

                                  The person in indiainfoline misused their and our one lakh amount were deducted.

                                  Those amount my dad had got after retirement please do justice to it.



                                  He apologized to us and request to wait for some time he said this has happened by mistake.

                                  He has confessed the mistake in stamp paper but still he has not paid any amount to us.



                                  Recently we got to know that he has done this with many people purposely.



                                  Please let me know how can I take action against him.



                                  1.I have the wrong confirmation letters he had given to us regarding trade.

                                  2. We have the stamp paper in which he has written every thing.



                                  Regards,

                                  Mrs Pillai
                                  i am also one of the indial infoline consumer, and India Infoline also done cheating and fraud in my account. Pl feel free to contact us. We will make together complaint in SEBI for taking displinery action them
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                                    G
                                    Girish C Patil
                                    from Bengaluru, Karnataka
                                    Dec 29, 2009
                                    Resolved
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                                    Resolved

                                    Dear Sir/madam,

                                    Sub: The statment of transaction sent to us from 01.09.2009 to 30.09.2009 dose not tally with our actual purchases and as per the contracts issued.Orders exicuited without our consent just to earn their brokarage.

                                    Ref: BO ID- [protected], Name: Shyamala S goudar., Hubli

                                    This is regarding the above sited matter that, the statment of transaction taken on the date 18.11.2009 and received by me on 26.11.2009 dosent tally as per our purchases there is difference in quantities as mentioned below

                                    Our Actual holdings as per the contracts and our orders

                                    Name of the company Quantity
                                    1) GMR infra 17 shares
                                    2) RNRL 100 shares
                                    3) Reliance petro 25 shares
                                    4) Sesa Goa 5 shares
                                    5) Suzlon Energy 50 shares

                                    M/s Indiainfoline is open their branches like mushrooms without any ethics. The branch manager are been given targets to earn brokarage/day, the manager in turn gives target to the dealers and the dealers to achieve their targets execute orders of their clients without the knowledge of the client (they sell and buy shares without the clients placing the order just to earn brokrage). The dealers behind the terminals are least bothered about the clients purchase prize and by selling them how much loose the client is going to book. To keep the quantity of the shares intact they buy again and maintain the client’s purchase position. In this process the client’s a/c has slipped in to debit without his knowledge, now to meet the debit obligation the dealers again sell the required quantity of shares. No contracts are being sent to the client for all those transactions. Ultimately one fine day the client just visits the broker office to know the fait of his shares which he had bought one year back, the client will be given a dp holding statement which shows him the different quantity and different company names from the shares he had brought. Entire portfolio of his has got changed without his knowledge. Over all this now they give him a statement of a/c saying he has to clear the debts or else they will sell the remaining shares also to meet the debits. Upon asking any questions, the client will be given answer in stock market technical terms like settlement, Depository participant, stock transfer statement from BSE and NSE, Etc etc…. Dealers at the brokers office do this to confuse clients, as he is unaware of all those terminologies and finally the client feels and so many of them have expressed openly to me saying “ All this is not for us common people”.



                                    To stop this menace it should be made compulsory for the brokers to have a proof of the order being placed with them by the client. And it should be made mandatory to send the contract notes to the clients door step and the proof of the receipt of the contracts by the client should be preserved along with the duplicate contracts.



                                    or other wise innocent investors laymen investors are being cheated. Where as the SEBI sitting in a A.C room at Bombay saying we are the regulatory authorities to protect the innocent clients doing nothing to get to the core of the problem.



                                    If any prof is need i have so many example, can be revealed only if intrested. I can be contacted for any further information .

                                    We kindly request you to look in to matter, rectify the same and send us a fresh statment. We regret to say that we have found this irrigular difference of quantity between our purchase quantity and the d p holdings.

                                    Thanking You

                                    With Regards
                                    Shyamala S goudar
                                    Aug 13, 2020
                                    Complaint marked as Resolved 
                                    I am also one of consumer of India Infoline. This is routine practise of company if you need any help pl contact me on [protected]
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                                      G
                                      girija kailsam
                                      from Avanoor, Kerala
                                      Dec 25, 2009
                                      Resolved
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                                      Resolved

                                      mPRE
                                      HISTORY being new to stock market i have utilised the services og INDIA
                                      INFO LINE and at the first
                                      instance i have given the following IOB Adambakkam branch cheques
                                      CHEUQE NO DATE VALUE 280123 7.3.08e 10555/- ttaken 10,000/- to open a
                                      2nd dmat (jointa/c)but they e 604302 6.6.08 10,000/- they have not
                                      given any document for this. 604301 15.3.2008 20,000/- The rep of the
                                      firm orally told the he will trade in the share market and at the end
                                      of every day he issue a cheque toward the profit and the shares. futher
                                      only to demat i have handed over 6 o00 IOB SHARES
                                      from day one to till date they have not given me any profit amount and
                                      they have not even bother to send
                                      the statement of account. futher without may authentication came to
                                      know that they have traded 555
                                      out of 600 IOB shares
                                      As I Am at dark on the status of my above invetments and iob shares.As
                                      i could not establish
                                      contact with india infoline i am making this complaint. kindly refrain
                                      from entertaining any futher trading
                                      on my behalf by INDIA INFORLINE and advise them to set right my records
                                      and accounts immediately
                                      Aug 13, 2020
                                      Complaint marked as Resolved 

                                      India Info line-Mutual fund — Documents not given

                                      Dear sir,

                                      I had opened two Mutual funds with the broker of India Info Line whose name is Mr. shrikant mishra.It has been three months now after the opening of my account in it.one is SBI fund and the other is Reliance Regular fund.Every month the balance in my account was deducting, but there are no statements for that and even there were no documents provided to me at the time of opening of my accounts.I cant understand why the people were so hesitant about sending my documents.Pls. do the needful in this issue.


                                      Regards,
                                      Naveen kumar
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                                        M
                                        MAHALAKSHMI.B
                                        from Mumbai, Maharashtra
                                        Dec 23, 2009
                                        Resolved
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                                        Resolved

                                        Dear Sir/Madam,



                                        Good Morning. I am one of X-employee for the above said company in the name of MAHALAKSHMI.B, last 26th June month 2009 , I had send my PF aplcn through speed post – registered to this company Mumbai – Nirlon complex address ,again send reminder letter – 1 on 25.10.09, but still I am not recd any intimation from the company end, please note my employee details are given below



                                        Employer Name - INDIA INFOLINE LTD

                                        HEAD OFFICE - MUMBAI

                                        AREA OFFICE - CHENNAI

                                        Employee Name - B. MAHALAKSHMI

                                        Employee Code - C26753

                                        Region - TAMILNADU

                                        Branch - TRICHY-CHITRA COMPLEX & SALAI ROAD

                                        PF NO - MH/44546/3796

                                        Territory Manager - Mr.MUTHUKRISHNAN

                                        Department - TELE CALLER – INSURANCE & MUTUAL FUND

                                        D.O.J - 10.11.2006

                                        D.O.R - 09.07.2008





                                        I will tried above 3 timed through phone with the above employer , but still i am not having any roote.I have cheked with the PF website in a daily basis -still the status is YOUR APLCN NOT RECD.Please tell me how can I receive my pf amount.Still I am not having the correct contact details for anybody.or please reply immediately,because i need money .Please help me.







                                        Waiting for your reply.





                                        Thanks & Regards,

                                        Mahalakshmi.B
                                        [protected]
                                        Aug 14, 2020
                                        Complaint marked as Resolved 
                                        PF AMOUNT STILL NOT RECD-HOW CAN I RECEIVE

                                        Dear Sir/Madam,

                                        Good Morning. I am one of X-employee of ICICI Bank Ltd ( worked as Backend Exec. on Infovision rolls (Formly known as Adma solutions, New Delhi ) last 15th September 2009, I had send my Complete PF form through Indian Post ( Registry) to RPF Commisioner Office, New Delhi, but still I am not recd any PF amt, please note my employee details are given below.



                                        Employer Name - Infovision (Formly known as Adma solutions )

                                        Add -C-25, Pashimi Marg, Commercial Complex, Vasant Vihar

                                        HEAD OFFICE - New Delhi

                                        Employee Name -Richa Srivastava

                                        Employee Code - KANRCC10116

                                        Region - U.P

                                        Branch - ICICI Bank Ltd . Kanpur Branch

                                        PF NO - DL/23746/17674

                                        Territory Manager - Mr.Shard Gupta

                                        Department - Credit Card Collections

                                        D.O.J - 20.06.2008

                                        D.O.R - 15.06.2009





                                        I will tried above so many timed through phone with the above employer, but still i am not having any roote.They do not have given any site name or PF office no to me for further enquiry .Please tell me how can I receive my pf amount.Still I am not having the correct contact details for anybody.or please reply immediately, because i need money .Please help me.


                                        Waiting for your reply.


                                        Thanks & Regards,

                                        Richa Srivastava

                                        # [protected]
                                        REGIONAL OFFICE (DELHI NORTH)
                                        Bhavishya Nidhi Bhawan, 28, Wazirpur Industrial Area, Delhi-110052
                                        E-Mail: [protected]@rediffmail.com
                                        PH:[protected]
                                        IAM ALSO TRYING FOR SAME SIR
                                        PF AMOUNT STILL NOT RECD-HOW CAN I RECEIVE
                                        Dear Sir/Madam,



                                        Good Morning. I am one of X-employee for the above said company in the name of M.P.RAMESH, last 31st January month 2008, I had send my PF aplcn through speed post and courier ( 3 times) – registered to this company Delhi – Commericial complex address, before four months back again send reminder letter and telephonic discussion, but still I am not recd any intimation from the company end, please note my employee details are given below



                                        Employer Name - ICICI BANK LTD

                                        HEAD OFFICE - MUMBAI

                                        AREA OFFICE - MADURAI

                                        Employee Name - M.P.RAMESH

                                        Employee Code - MDUTTW 1149

                                        Region - TAMILNADU

                                        Branch - MADURAI - VIJAYA ARCADE, KALAVASAL, THENI RAOD

                                        PF NO - DL/23746/6640

                                        Branch Manager - S.Raj Viswanathan

                                        Department - AGENCY MANAGER - TWO WHEELER COLLETION

                                        D.O.J - 08.07.2005

                                        D.O.R - 31.01.2008





                                        I will tried above 3 timed through phone with the above employer, but still i am not having any roote.I have cheked with the PF website in a daily basis -still the status is YOUR APLCN NOT RECD.Please tell me how can I receive my pf amount.Still I am not having the correct contact details for anybody.or please reply immediately, because i need money .Please help me.







                                        Waiting for your reply.





                                        Thanks & Regards,

                                        M.P.RAMESH
                                        [protected]
                                        PF AMOUNT STILL NOT RECD-HOW CAN I RECEIVE
                                        Dear Sir/Madam,



                                        Good Morning. I am one of X-employee for the above said company in the name of M.P.RAMESH, last 31st January month 2008, I had send my PF aplcn through speed post and courier ( 3 times) – registered to this company Delhi – Commericial complex address, before four months back again send reminder letter and telephonic discussion, but still I am not recd any intimation from the company end, please note my employee details are given below



                                        Employer Name - ICICI BANK LTD

                                        HEAD OFFICE - MUMBAI

                                        AREA OFFICE - MADURAI

                                        Employee Name - M.P.RAMESH

                                        Employee Code - MDUTTW 1149

                                        Region - TAMILNADU

                                        Branch - MADURAI - VIJAYA ARCADE, KALAVASAL, THENI RAOD

                                        PF NO - DL/23746/6640

                                        Branch Manager - S.Raj Viswanathan

                                        Department - AGENCY MANAGER - TWO WHEELER COLLETION

                                        D.O.J - 08.07.2005

                                        D.O.R - 31.01.2008





                                        I will tried above 3 timed through phone with the above employer, but still i am not having any roote.I have cheked with the PF website in a daily basis -still the status is YOUR APLCN NOT RECD.Please tell me how can I receive my pf amount.Still I am not having the correct contact details for anybody.or please reply immediately, because i need money .Please help me.

                                        any infermation pls send in my email :[protected]@gmail.com





                                        Waiting for your reply.





                                        Thanks & Regards,

                                        M.P.RAMESH
                                        [protected]

                                        not received the document

                                        not received the document of Folio No. 39172/48
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