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Karvy Complaints & Reviews

3.7
Updated: Nov 13, 2025
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Karvy reviews & complaints page 15

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M
Moorthi Konar
Jun 15, 2020
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My dp account no. Is [protected].

I have requested for transfer of money to my account and shares for last 4 months. But every time i call and mail, i am getting the same response stating it is in the process.

Please transfer the money and shares
Karvy customer support has been notified about the posted complaint.
Jun 15, 2020
Updated by Moorthi Konar
I have received mail on March 31, 2020 from [protected]@karvy.com. They said they are in the process. I have been repeatedly following up with them, but there is no response
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    P
    prakashsmit
    from Gangtok, Sikkim
    Jun 15, 2020
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    Address: namchi sikkim

    I have submitted account closure cum transfer request along with cmr on 29th may 2020 duly signed. After that some of the stocks are transferred and rest are not transferred. Every time i get the reply as it is under process and they are not transferring. When are they going to transfer the same. For trading id 380449 client id 17205117
    Karvy customer support has been notified about the posted complaint.
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      B
      Bhopinder
      Jun 13, 2020
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      Address: Jammu (J&K UT)

      My registered id in karvy stock broking is 57601645. My karvy app earlier showed funds position as well as detailed of holding share but it has stooped showing any detail. Now i want to payout my funds lying with karvy account and transfer of holding share also.
      Karvy customer support has been notified about the posted complaint.
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        H
        Harishanker Agrawal
        Jun 12, 2020
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        Address: A-7/204 MANJRI GREEN ANNEXE, PUNE SOLAOUR ROAD, MANJRI BK

        This has reference to my repeated correspondence through mail and letters to the reference subject. With reference to my claim of non delivery of ril shares/dividend, i have already submitted all the requisite document long back and perusing to your office for confirming the status. The summary of documents submitted to your office in march’19 are as under :
        1. Pan card no aarpa5526c copy
        2. Indemnity bond on rs 500/ non judicial stamp paper.
        3. Advance receipt
        4. Signed iepf-5
        5. Iepf acknowledgement - srn no h27214857 dt 9.11.2018
        6. Aadhaar copy no[protected]
        7. Original share certificates having following details:
        Folio no certificate no distinctive no (S) no of shares folio no certificate no distinctive no (S) no of shares
        34347140 10086538 [protected] to 385 10 55616833 10787170 [protected] to 673 40
        34347140 12814085 [protected] to 910 12 55616833 53320194 [protected] to 364 10
        34347140 50938353 [protected] to 656 22 55616833 53320195 [protected] to 394 30
        55616833 58356000 [protected] to 250 18

        8. Demat a/c [protected] with nirmal bang securities pvt ltd.
        9. Crossed cheque. Of sb bank account a/c - pnb-[protected]
        The above documents were duly acknowledged by your office and forwarded to ril for onward submission to iepf. Vide mail dt 29th july’19 iepf advised to resubmitted the documents along with latest cml. The cml arranged by me and soft copy send to your office through mail dt 27thjan’20 along with copy of all the documents submitted earlier.
        After 27thjan’20, i am trying to reach karvy through mail/ phone but neither the mail has been responded nor i could establish the contact over phone.
        Two days back on 10.6.20 i got a confirmation form iepf also regarding non receipt of rectified documents.
        I could not understanding the reason of non response.
        In case any clarification / documents is pending at my end the same may kindly be communicate for early action.
        I am also expecting a positive feedback from ril/ karvy team on the issue.
        H. S. Agrawal mob [protected]
        Karvy customer support has been notified about the posted complaint.
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          A
          Anjali Dewan
          Jun 9, 2020
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          With profound grief I have to inform you that my husband Mr Virinder Dewan, client id 19490600 with trading code 2062925 expired on 14th of January, 2020. I sent a mail to [protected]@karvy.com on 27th of January informing them along with certified copy of death certificate, pan card and aadhar card requesting them to let me know the procedure to be followed for getting the shares transferred in my name. But since then I have not received any appropriate response.
          I therefore request you to please take the required steps to avoid any further delay in the matter. My email address for further contact is [protected]@gmail.com.

          Regards,
          Anjali Dewan
          Karvy customer support has been notified about the posted complaint.
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            P
            pratkkk
            Jun 5, 2020
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            Karvy id - 2881888

            It has been more than 5 months that i have raised the request with karvy to transfer my shares from their pool account to my demat account post which i wanted to transfer the shares to zerodha.

            My shares in karvy's pool account are yet to completely transferred to my demat account. Even my request to pay out the available balance (Close to inr 14, 900) in my karvy account hasn't been processed yet. Additionally, i am not been able to login into my karvy account by any means.

            I had been in touch with the karvy representative in my hometown roorkee but now even he has pulled off from the issue saying the company is doing whatever they can and he can't help us. Even their office has been closed till date.

            This kind of awful service by karvy is appalling and i request you to take some action in this regard.
            Karvy customer support has been notified about the posted complaint.
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              H
              harivinod marimganti
              Jun 4, 2020
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              Hi

              I have requested payouts in both karvy and karvy commodities in november
              I have requested a combined payout of more than 5 lakhs

              They are not processing, every time they are contacted they gave a new date but so far did not receive any money.

              Now they are not even responding.
              This is so much frustrating.

              My clientids are s402024 and co810463

              Please process as soon as possible its difficult times now

              Thanks
              Karvy customer support has been notified about the posted complaint.
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                A
                Alpesh778
                May 29, 2020
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                Address: Mumbai 400004

                From last 6month from the first day, i m trying to for payout amount 1.2l, my money is stuck, more than 15 times i have tried for payout but till know i didnt received, even i have send request for share transfer, but no response from there,
                Accout no. S31806

                Please help to for payout and shares transfer
                Karvy customer support has been notified about the posted complaint.
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                  S
                  sajal06
                  from Allahabad, Uttar Pradesh
                  May 28, 2020
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                  My two stocks get stuck in the karvy stock broking account and after the sebi banned karvy from any transaction i received dividends from my holdings. Those dividends have neither been deposited in my karvy account nor in my bank account.

                  Karvy user id: 1625578
                  Karvy customer support has been notified about the posted complaint.
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                    S
                    sajal06
                    from Allahabad, Uttar Pradesh
                    May 28, 2020
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                    My two stocks stuck in the karvy stock broking firm and in between dividends have been announced by the company. Those dividends are neither credited into the karvy account nor into my bank account. Highly fraud company. Due to lockdown i am not able to transfer my funds also.

                    Karvy user id: 1625578
                    Karvy customer support has been notified about the posted complaint.
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                      V
                      vishwesh kamat
                      May 27, 2020
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                      Address: HYDERABAD

                      I have submitted a transfer and closure request for my dmat account in november'2019 to the karvy goa office, they shut down their office and have still not processed the transfer of my shares to my other dmat account for which i have provided the client master list.
                      Their helplines are not responsive. Goa office executive of karvy to whom i have handed over all documents was ms. Suchitra bhat.
                      Client id : 2601321
                      Client name : meenal kamat
                      +1 photos
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                        S
                        Sulohit Avvaru
                        May 22, 2020
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                        idbi deep discount bond series 1

                        Greetings of the day!

                        I have brought a idbi deep discount bond series 1 in the year 1992 for rs.2700/-. I would like you to provide me details regarding the process of redemption and also the redemption value as on date.

                        Details of idbi deep discount bond series 1:

                        Regd. Folio no: dd00603736
                        Certificate no. : 00722994
                        Name of bond holder: a panduranga rao
                        Issue price: rs. 2,...
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                        R
                        rohZ
                        May 21, 2020
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                        Address: Unchahar, UP

                        I had complained on 19 march 2020 regarding the karvy stock brokers that they have still not transferred all my shares to my demat account from the trading account.
                        Till date, i haven't received any credible reply from the organisation. A copy of the complain is enclosed beneath. Kindly guide to get my shares back.

                        Dear sir,
                        I have been trying to get my shares of the stocks i have purchased to my demat account since last dec'2019. I had emailed/called on karvy customer care multiple times but they have not taken any action on it.

                        The only thing they do is give target dates and keep revising it by 15 days or so; its really frustrating that it has been 4 months and still only 1 of my stocks have been transferred to my demat account.

                        Thereby i would request you to take action on this matter or suggest me the right way to take this matter to higher authorities.

                        Thanks,
                        Rohit [ customer id : 1762193]
                        Dp id: [protected]
                        Karvy customer support has been notified about the posted complaint.
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                          L
                          Latha Krish
                          May 20, 2020
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                          Ucc: s23407

                          14 shares in pool account not moved to demat since nov 2019. Cash balance of 23509 not credited back to bank account. Also reliance shares held in dp rights entitlement has not been recd.

                          A transfer to hdfc sec was initiated in feb 2020 and has been kept pending for more than 3 months for no reason.

                          Pls look into this and resolve immediately.
                          Karvy customer support has been notified about the posted complaint.
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                            K
                            Karthi_Raksha
                            May 12, 2020
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                            Address: Velachery , Chennai

                            Dear sir,

                            I was worked 3years (Emp id 84798) in karvy data management chennai designated as lead. I left my job with proper releaving but i can't withdraw my pf amount and i already informed to my process hr.

                            I am trying to claim my pf amount via online portal. But i didn't able to claim because some issues.

                            Error msg : your bank kyc is not digitally signed by employer, cannot proceed.

                            Note : i gave all my details clearly but they updated wrong information. (Ex father name, pan card number)
                            +1 photos
                            Karvy customer support has been notified about the posted complaint.
                            May 13, 2020
                            Updated by Karthi_Raksha
                            Many times I approached the HR, but there is no proper response.
                            May 23, 2020
                            Updated by Karthi_Raksha
                            Dear team,

                            Any update regarding my query?
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                              A
                              Abhishe Sharma
                              May 10, 2020
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                              Address: gurgaon

                              Kindly refund the rs 43450 client code 4143005

                              phone no [protected]
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                                M
                                manisha kumbhani
                                May 6, 2020
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                                I manishaben savalia, a client of karvy stock broking, bhavnagar (Gujarat) client code is ucc -1032780.

                                For last 6 months, i have been trying to make payout rs 12, 00, 341 (Rupees twelve lakh three hundred fourty-one) of my hard earned and full life saving money. I request many times. However, i am not receiving the payout amount in my account.

                                I tried contacting multiple time but they do not revert to mails neither nobody answers the phone at customer care.

                                Karvy didnt pay lakhs of customers money including me yet any agency not take strict action. 6 months is more that enough time pay. This is my money and i need it.

                                To survive routine life i need this money urgently.

                                Please do needful.

                                Email - [protected]@gmail.com
                                Karvy customer support has been notified about the posted complaint.
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                                  N
                                  Nupur Wadhwa
                                  May 4, 2020
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                                  I have left karvy on 29 sep 2019, but didnt received my FnF till now and its already been more than 6 months.i have mailed my issues to head hr mr vijyant jolly and his team(S jagga Rao and Mithlesh sir) but didnt receive any solution for the same.He just always asked me to wait and hope that they will credit asap
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                                    C
                                    Chandresh Batra
                                    Apr 28, 2020
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                                    My client id is 5991207. I had Avenue Supermart, tata steel, yes bank, ruchi soya and rei agro stocks worth 130000 and cash around 50000. Due to ban on karvy i am unable to get my funds back in my account. It has been more than six months. Please transfer all my funds to my account immediately. Thanks.
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                                      Damodar Patro
                                      Apr 28, 2020
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                                      Karvy is not honoring payout request. In this difficult time we are struggling to get back our own money. When we will get our cash in hand back in my bank account.
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