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Karvy Complaints & Reviews

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3.7
Updated: Jan 2, 2026
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Karvy reviews & complaints(1679)

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P
Perry Nanta
Jan 2, 2026
May 26, 2026
This thread was updated on May 26, 2026
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No investment return

It is crucial to have a thorough grasp of the terms and conditions of any agreement in order to prevent loss. This was me until I took action after W w w. Solve̲nRe̲Me̲dY. TecH on Whatsapp: (+[protected]
Came through for me, and I received all my money back....
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A
ariranjith
Nov 13, 2025
Nov 13, 2025
This thread was updated on Nov 13, 2025
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Request for relieving letter

Hi Team,

I, Ranjith Kumar with employee ID 86847, I have worked as an Executive in the company since 2017 (27/06/2017-16/12/2027).

I am requesting you to kindly send me the relieving letter for this period ( 27/06/2017-16/12/2027). so that I can complete my onboarding procedure in the current company. I hope you understand my concern and provide me with the relieving letter at the earliest. I shall be grateful...
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G
Gangaiselvan
Mar 15, 2025
Mar 18, 2025
This thread was updated on Mar 18, 2025
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Requirement of relieving letter

Dear Sir

Myself, D. Gangaiselvan S/O, G. Dhandapani (Pan No. ALVPG3980F). I have worked with karvy stock broking limited in the year Dec 2004 till April 2006. I joined as trainee at karaikal location and while relieving i was at coonoor branch as Investor Relationship Officer.

Now i got an offer in HDFC Bank and they are seeking ezperience certificate or relieving letter from karvy.

Hence i kindly...
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V
VarmaSateesh
from Hyderabad, Telangana
Aug 14, 2024
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Request for relieving/experience letter

Hello all,

I am facing issues in receiving experience letter or relieving letter. As I am an EX employee in Karvy Forde search pvt ltd. I have worked around one Month 3 days from april 2018 to May 2018. I haven't observed that PF got created by Karvy. But till now I didn't faced any issues during my employment. But now every organisation and also my current organization is asking to submit the experience or relieving letter,...
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S
sahudharani53
Oct 26, 2023
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Shares Transfer from Karvy account to IIFL Securities account

We have holding the following shares which we have already given the transfer request from karvy trading account to IIFL Securities account.

1. Gati Limited-----200 Shares
2.Lupin--- 40 Shares
3. TVS-- 50 Shares

The account Details of Karvy account is

BO ID: 18629357...
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S
SatyaNV
Jun 16, 2023
Feb 11, 2026
This thread was updated on Feb 11, 2026
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Advance lying with the company and not returned ...

Address: Karvy Stock Broking Ltd, Bangalore

The company took money of Rs 10, 00, 000 in a personal cheque format as advance with a promise to pay with interest in the year Dec 2020. They also provided a cheque which should be deposited after one month. My cheque got bounced with the details like the account is freezed and please wait. They sold this financial instrument as ICD

Looking forward to the way to recover this money. If any of you had similar issue, you can...
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G
Gunjan Kela
May 30, 2023
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No. of shares of jindal vijayanagar steel ltd held by me on the date of merger

Hi Sir,
I am in hold of share certificates of JSW steel proportionate to 1700 Shares of Jindal vijayanagar Steel ltd.
I was initially alloted 6600 Shares of Jindal Vijayanagar Steel ltd.
can you please advise me regarding the decrease in no. of shares as no information is available for the same...
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K
[email protected]
Apr 26, 2023
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Relieving Letter not issued

Address: Hyderabad
Website: www.karvy.com

I was working in karvy stock broking ltd from 2010-20 in mirzapur branch the transfer to allahabad, due to some issue in company i resigned from the company on 26 Jan 2020 and send mail many time to issue my reliving Letter but yet not get any response from them. my emp I'd was 29927.
plz help me to to get this as I need to start again my career....
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K
Komal Dnyandev Yadav
from Pune, Maharashtra
Apr 19, 2023
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Experience letter still not met

Address: Sharada Arcade, 2nd Floor, B” Block, Pune - Satara Rd, opposite D"Mart, Bibwewadi, Pune, Maharashtra 411037

I have not received my experience letter yet please try to give as soon as possible...
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S
Saimuddana
from Tadepalligudem, Andhra Pradesh
Apr 8, 2023
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Need relieving letter from Karvy Forde search private limited.

Address: Hyderabad

Hi I'm Sai Muddana I have worked in Karvy Forde search private limited company from 4 June 2019 to 21 June 2019. But I didn't Get the relieving letter from Karvy Forde search private limited company. I'm facing problems in joining other companies due to No relieving letter from Karvy and PF account created by Karvy. Please issue the relieving letter. I didn't remember my employee number so I'm sharing my Adhar number[protected]....
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S
Suresh5401
from Chennai, Tamil Nadu
Mar 3, 2023
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Experience letter not received

I have worked in Karvy for 2 months 13 days . I need the experience letter but not received the experience letter from Karvy.

They told me we will send experience letter but till they didn't send to me.

Till now ., No company asked me about experience letter of karvy .

But now new company asking me.

But karvy Chennai has been completely closed.

Please help me to get...
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S
Shashi bushana v
Jan 29, 2023
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Experience letter request

Address: Vasant business park, hebbal

Hi,

Name: shashi bushana v
Employee id: 94518
Designation: Customer care executive
date of leaving:05/04/2019

I haven't received an experience letter for the karvy Digikonnect, please help me with that

Thanks...
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S
Selva_karvy29
from Chennai, Tamil Nadu
Nov 24, 2022
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Not received Relieving Letter

Address: Plot No. 14, Tower C, Kosmoone, 3rd floor, 3rd Main Road, Near Telephone Exchange, Ambattur Industrial Estate, Mogappair west, chennai - 600058

I have not received my relieving letter yet. I have resigned on Oct 2019 and got relieved on Nov 2019. Since then I contacted HR but nobody responded and all the team and HR departments left.
Please help as I have to join another company of because of the same my joining is on stake. My employee id is 1030515

My Email ID : [protected]@gmail.com

Please send my relieving letter to this mail ID and do the...
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M
Munchun666
from ballia, Uttar Pradesh
Aug 30, 2022
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Beneficiary type shares are not transferred

My beneficiary type shares are not transferred from karvy to iifl Demat account... Account statement is attached
Trading account no 5101922
Dp account no 13014400
Client I'd no [protected]...
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R
RaghuramSundaresan
Aug 13, 2022
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Shares not transferred from Karvy

Dear Team, I was having a Trading account with Karvy. When Karvy was closed, the Trading account moved to Axis and the DMAT Account moved to IIFL. However there were some shares still in the Trading Account. Those have not been transferred either to Axis or IIFL
Trading a/c 4291813
DMAT 18677483
KARVY : IN300394
List of Shares not transferred and Qty:
IDFC Bank Ltd 10, ITC 33, Jindal Steel and Power 10,...
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S
srijan35
from Lucknow, Uttar Pradesh
Apr 12, 2022
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Pending Dues-Shares lying in Karvy Pool Account

From the past 2 years I have been waiting for the transfer of my shares which are still in possession of Karvy Stock Broking Limited, now there is no one to talk to, the regional offices are closed and people do not answer the phone anymore.
In December 2020 I went to Karvy Office and was asked to sign a form on which I was assured that my shares which are in beneficiary account will be transferred to my new Demat account with CDSL...
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C
CA pankhuri agrawal
from DELHI, Delhi
Oct 4, 2021
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Correction in TAN number on NSDL site

Sir/Madam
I, Pankhuri Agrawal, am a practicing Chartered Accountant. I applied for TAN Correction for few of my clients.
I tried to apply for correction through KARVY FACILITY. However, all my appliactions have been rejected by them. The reason stated by them is that they require the TAN Allotment Letter for correction. But my clients being incorporated few decades ago do not have the TAN Allotment letter. In such a situation,...
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P
patties
Aug 12, 2021
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Pool account shares not transferred

I had a demat account vide DPID: IN300394 / Client ID: 19202899 in the name of SUMAN AGARWAL. I had 100 shares of CASTROL iNDIA LIMITED (ISIN: INE172A01027) and 23 share of ICICI BANK LIMITED (ISIN: INE090A01021) which where in the POOL account of KARVY under type BEN. I have yet not received the above mentioned shares in my NEW Demat account with ABML.

Request you kindly to transfer the same to my ABML account alngwith the...
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M
Mahanteshshan
Jul 2, 2021
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Holdings in pool account

My Karvy trading account 585438 migrated to IIFL but my holding not transferred.may times raised the issue with Karvy but they not respond.please transfer my pool account holdings to IIFL account....
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S
shashi_g
Jun 29, 2021
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Shares holding not reflecting after transfer to iifl securities

My name is shashi kumar singh and my client id in karvy A[protected] When karvy account migrated to IIFL then my karvy pool account shares holding not showing in IIFL account. My 699 securities from defrent company are in karvy pool account. kindly please transfer from pool account to demat account of mine so i can transfer to another demat account.
Regards...
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