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Karvy Complaints & Reviews

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Updated: Nov 13, 2025
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Karvy reviews & complaints page 11

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D
dearanil
Dec 28, 2020
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Address: arvy House, No. 46, 8-2-609/K, Avenue 4, Street No. 1 Banjara Hills, Hyderabad, Andhra Pradesh, India - 500034

Name: Vijayalakshmi Nair
Customer id: 1572988
Email: [protected]@gmail.com

Cash on hand amount of Rs 371339/- which is lying with m/s karvy stock broking ltd since Nov 2019 has not been refunded yet. I made a request for refund multiple times from their Chennai office and sent them multiple emails and despite being given assurances about the for the refund of the money it has not yet been paid out to our linked bank account.

This money is important for my mother Vijayalakshimi Nair who is a senior citizen and has no income apart from the selling of shares left by my father to her for her personal expenses. She has been undergoing great emotional and financial stress because of the cavalier attitude of Karvy and illegal activity of Karvy management

Kindly help us to get the money back quickly. It has been more than a year that the amount is lying with them.
+2 photos
Karvy customer support has been notified about the posted complaint.
Apr 06, 2021
Updated by dearanil
Hello. Looks like you can only act as a post office. My issue is not resolved. Can you provide more guidance on how to recover the money ?
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    K
    Krishnag.11
    from Delhi, Delhi
    Dec 26, 2020
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    Hi
    I am previous employee of Karvy stock broking ltd, I have resigned from the company on Jan 26, 2020 but yet not get my 3 month salary till now. Even I have sent many email regarding my fnf settlement but this is yet not done.
    Please look into the matter and help.
    Thanks
    Krishna Gopal
    EMP code 29927
    Karvy customer support has been notified about the posted complaint.
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      A
      Apratim17
      from Delhi, Delhi
      Dec 26, 2020
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      Address: Flat 1403, Tower 4, Challengers, Thakur Village, Kandivali East

      This is to know the status of my IDFC long term Infrastructure bonds,
      Folio No.:IN[protected].It was Series 4 and 4 bonds were invested in. Maturity date was Nov 12, 2020
      The money has not yet been debited into my registered account.

      It was showing as part of my portfolio in ICICI Direct but post 12Nov 2020( maturity date) It has vanished from there.
      ICICI Direct have told me to contact Karvy directly on this count.
      Karvy customer support has been notified about the posted complaint.
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        R
        Rakesh_Panda
        Dec 24, 2020
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        I am trying to call Karvy to get shares I am holding in my Dmat account. But no response from Karvy. I want to transfer all my shares to new account in another Brokerage firm and Close Karvy Account. Karvy have closed its local branch and are asking me to travel to Bhubaneswar which is 4 hrs journey from my place.
        I have tried the customer care numbers but all are switched off or Not in use any more.
        Client ID : 19073203
        Karvy customer support has been notified about the posted complaint.
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          K
          khyati5
          from Delhi, Delhi
          Dec 22, 2020
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          Hello team,

          I went today at the andheri karvy office in mumbai to submit transmission form which yesterday they told me will be required for the transmission cum account closure process, those people didn't accept my form stating that they are not taking transmission forms from[protected] and just neglected my concern without providing proper guidance or explanation.

          The account holder (Client id[protected] has passed away and need to transfer shares in nominee name but i m not getting any revert from karvy or from nsdl.

          Please let me know how i can proceed further as i have been following up from almost a month, but no one is taking accountability of this case.
          Karvy customer support has been notified about the posted complaint.
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            G
            gautamsri58
            Dec 22, 2020
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            Sir, . My Karvy client ID no is 18897126 & Trading a/c no.is[protected]. I have purchased 100 shares of Bank of Baroda n 300 shares of Yes Bank through your company in financial year 2018-19 n[protected]. Above mentioned shares are lying in your company Pool a/c instead of my dmat a/c.So I request you please transfered the above shares in my Dmat a/c in Kotak Bank DP ID no.--IN300214 n Client ID ( DP) no. 26331108 as earliest. Futher I request you please provide me purchase date n rate of above mentioned shares ( full details required). immediately.The above information is not providing to me by your Lucknow Reginal office. So I request you please send me the above information on my registered email id- umashanker.[protected]@rediffmail.com and transfer the above mentioned shares in my above Kotak Bank Dmat a/c immediately. THANKYOU. From--Gautam Srivastava 19/1156, Indira Nagar Lucknow 226016
            Karvy customer support has been notified about the posted complaint.
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              Address: Bangalore 560021

              With reference to the above mentioned complaint as i have an trading and Demat account in Karvy stock Broking LTD, with my client ID:1731943.From the past one year i have not got my stock transferred to my respective DP for the above said account.Inspite of many requests on Email and Telephonic which was sent to [protected]@karvy.com and was not able to lodge a complaint in SCORES as it has some technical issues, even my dividend payouts are...
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              M
              Maanvizhi
              from Talcher, Odisha
              Dec 20, 2020
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              Address: hYDERABAD

              I am maanvizhi long standing customer of karvy. I was trading with them for the last three years.

              As soon as the scam was heard, i put request to transfer my money lying in their account, (which is duly acknowledged by them till date rs.190391.42 .
              I requested to them via so many mails for funds trasfer from november 2019. Even after one year they are not paying my money back. Pl advise me how to proceed
              Karvy customer support has been notified about the posted complaint.
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                T
                Tmn1
                Dec 16, 2020
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                I submitted transfer request to karvy as per my request all my shares transferred except one share (Deepak nitrate ) pls kindly transfer that share.
                Here i attached the latest statement sent by karvy.. pls take necessary actions to transfer deepak nitrate.
                Karvy customer support has been notified about the posted complaint.
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                  M
                  manojurs
                  from Powai, Maharashtra
                  Dec 12, 2020
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                  Address: karvy

                  Hi,

                  I have 1200 shares of Coal India in my Zerodha Account (DP Id [protected]) (K M Suchitra Urs).
                  I have received only Rs. 8325/- as dividend recently as against Rs. 9000/-

                  Dividend declared was Rs 7.50 / share.

                  I have written an email to karvy, but they have not written back.

                  Kindly update.

                  Regards,

                  K M Suchitra Urs
                  Karvy customer support has been notified about the posted complaint.
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                    D
                    Dharmender Laroiya
                    Dec 10, 2020
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                    Address: 144, Maruti City - Agra

                    Hi, I had sent a last query on basis of which I was intimated that on my client ID 21854903 the demat amount pending is 2117 which I deposited thru NEFT - I am not getting update from them now and I am not able to check my demat account, which I want to transfer to Moti Lal
                    In this regard I have already sent a courier with documents to your Hyderabad office.
                    I have shifted to Agra and during this period my mobile number and email might have changed.
                    The helpline number is not taking my call as not registered.
                    Grievance cell is not attending the call - call is getting disconnected as soon it get picked.

                    For further assistance, please call us on[protected] or write to us at [protected]@karvy.com

                    Now when I write mails they said Client Id not mentioned and mail not from registered email id

                    My Pan No is ACCPL9931H
                    My Name is Dharmender Laroiya
                    S/o Mr. Kewal Krishan Laroiya
                    Email id - dhar.[protected]@gmail.com
                    mobile No. [protected] / [protected]
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                      Dharmender Laroiya
                      Dec 10, 2020
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                      Address: Agra

                      Hi, I had sent a last query on basis of which I was intimated that on my client ID 21854903 the demat amount pending is 2117 which I deposited thru NEFT - I am not getting update from them now and I am not able to check my demat account, which I want to transfer to Moti Lal
                      In this regard I have already sent a courier with documents to your Hyderabad office.
                      +2 photos
                      Karvy customer support has been notified about the posted complaint.
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                        R
                        rafus2008
                        Dec 10, 2020
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                        Address: GUJRAT

                        Dear Sir

                        I am Mohammed Rafeeq Ali, investing in through by KARVY with my Client No. IN 300351 & Demit Account No. 70049292 in 2003 PETRONET LNG SHARES. I didn't received any dividend in my bank account for a long times, please what happened to me or checked any problem with my bank account or others.
                        Awaiting for your answer with positive and help us.

                        Regards,

                        MOHAMMED RAFEEQ ALI

                        [protected]@yahoo.com

                        Mobil No.[protected]
                        HYDERABAD
                        Karvy customer support has been notified about the posted complaint.
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                          Kartik Grover
                          Dec 7, 2020
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                          Its been more than a year but till now my shares from pool account have not been transferred to demat account. When I check they will always tell we are working on it. Seriously for the customers it has become quite painful as there is no proper outcome is coming for this issue.
                          Karvy customer support has been notified about the posted complaint.
                          Dear Complainant,

                          With reference of your complaint, you van approach to NSDL or CDSL and SEBI,

                          Else you can write to us for any more help.

                          Best Regards
                          ICF
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                            Sathiyaraj Balakrishnan
                            Dec 6, 2020
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                            This is Sathiyaraj Balakrishnan trade code-1221913 pan number-AWHPB2477P did my payout 3, 76, 000 to my axis bank account still this amount not credit to my account from karvy broking still now am not received one rupee from karvy am wait for almost more then 1 year for this money.

                            Now my situation not good I have some Financial problem please help to solve this problem and get back my from karvy.thank you
                            Karvy customer support has been notified about the posted complaint.
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                              konar68
                              from Powai, Maharashtra
                              Dec 5, 2020
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                              Name- Santosh Kumar konar
                              D P Id-IN 301557
                              Client Id[protected]
                              PAN-AGWPK2325E
                              Karvy customer support has been notified about the posted complaint.
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                                R
                                from Powai, Maharashtra
                                Dec 5, 2020
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                                Hello Karvy,
                                Since last 1 year, I was not able to transfer my securities fund and deposit amount held in my karvy DMAT Account : [protected].
                                Karvy blocked me in all ways to do any fund transfer or deposit transfer to my Bank account and none of your business communication/contact number's works.

                                It is very frustrating that I can't transfer my deposit amount and share holding also can't login now on Karvy portal there is a system error generated.
                                I trusted this authority and Karvy did fraud with me.
                                Karvy customer support has been notified about the posted complaint.
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                                  Sudha J N
                                  from Powai, Maharashtra
                                  Dec 5, 2020
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                                  I am Sudha JN and my Karvy Client ID is 1009292. I had submitted a request to transfer all my shares from karvy account to my Kotak securities account. However, Karvy has transferred only the shares registered with NSDL to my Kotak securities account and has not transferred the shares in the karvy pool account. More than 80% of my shares are held in the karvy pool and I am struggling to get it transferred. I will be filing a fraudulent case if this is not transferred soon.
                                  Karvy customer support has been notified about the posted complaint.
                                  I have not received any communication from karvy so far. Kindly help.
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                                    bharaththota
                                    Dec 5, 2020
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                                    Hello this is bharath kumar thota and my client code A[protected]. My zee entertainment shares are not credited to my demat account from pool account. So please do solve my problem as early as possible.
                                    Karvy customer support has been notified about the posted complaint.
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                                      rambabukorlepara
                                      Dec 5, 2020
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                                      This is sruthi korlepara and with the client code 4881312. Most of the shares was not credited to my demat account ..please do solve my issue as early as possible.
                                      Karvy customer support has been notified about the posted complaint.
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