Claimed

Karvy Complaints & Reviews

3.7
Updated: Aug 7, 2026
Complaints 1683
Resolved
1230
Unresolved
453
Contacts

File a complaint to Karvy

Having problems with Karvy?

File a complaint and get it resolved by Karvy customer care. It’s quick, effective and absolutely free!

SUBMIT A COMPLAINT

Karvy reviews & complaints page 16

Newest
  • Newest
  • Most Helpful
  • Most Popular
  • Resolved
  • Contains Photos or Videos
  • Oldest
P
Pranay17
Jul 12, 2020
Report
Copy

Dear team,

I applied 2-3 times for adhaar address change online of my mother (Sarita pravin more) adhaar card & i had provided electricity bill on my mother name self attested but same is getting rejected as data mismatch. All the details are mentioned correctly in address and poa but still it is getting rejected. Please help

Urn no-0000/00643/91655
0000/00644/09462
0000/00646/94101
Karvy customer support has been notified about the posted complaint.
Helpful
Found this helpful?
Write a comment
Report
Copy

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    H
    HimaniK
    Jul 9, 2020
    Report
    Copy

    Hi,
    I am himani khatri complaining again against karvy stock broking, after writing my first complain they had just send me provisional cum experience letter on my email and after some time they mailed me that they are doing audit on my fnf and after sending so many emails from my side they said they will provide me fnf details on my mail by this tue i. E. 7th of july, 2020 but i have not received any email from their side but what’s the point of details of fnf what will i do with my details only, send me my fnf and also courier my experience letter, i am unemployed from last 8 months and already mailed them so many times, that i need experience letter but still no response from their side, such a worst experience i had faced and never thought that how they treat their ex - employees, this is their behaviour towards their employees. I hope this complaint will be listened by you and will be resolved soon.
    Regards,
    Himani khatri
    Karvy customer support has been notified about the posted complaint.
    Helpful
    2 other people found this review helpful
    2 found this helpful
    Write a comment
    Report
    Copy

    Post your Comment

      I want to submit Complaint Positive Review Neutral Comment
      code
      By clicking Submit you agree to our Terms of Use
      Submit
      M
      malathipilla
      Jun 28, 2020
      Report
      Copy

      Sir, i am having shares in karvy stock broking ltd.in my id 2022181. On 18th march i have given delivery slip at tirupati karvy office for transfer of shares to sbicap securities, which was not done till date.
      Presently, karvy office at tirupati was not opened. I tried to contact hyderabad karvy office but the phone is not being lifted.
      Please do the needful of getting my shares transferred.
      Regards
      Karvy customer support has been notified about the posted complaint.
      Sir, TILL DATE i could not able to transfer my shares.
      After consumer complaint I received communication from Karvy office Hyderabad providing a contact person phone number. When I called him, he told that he can't do any thing a the Office at Tirupati is closed due to non payment of rent.
      Later I forwarded the DIS directly to Hyderabad Karvy office and were rejected due to mentioning wrong client/DP ID.(erroneously I mentioned old SBICAP securities DP/Client id)
      Hence I have taken the CML copy of my husband SBICAP securities account and forwarded the same with account closing copy of KARVY, clearly mentioning the CLIENT/DP ID, where the shares need to be transferred.
      I got a reply that "With reference to your mail, we have received your request and the same is on hold due to Name & PAN no mismatch, Required target CML."
      I replied to the mail stating that I enclosed CML copy and clearly given the DP/CLIENT ID in the account closing form, where the shares need to be transferred.
      To my repeated mails still I am getting the same reply "NAME & PAN No. mismatch", from different people of KARVY.
      THE KARVY PEOPLE OF SUFFERING ME LIKE ANY THING TO TRANSFER MY SHARES FROM MARCH 2020. A huge amount of financial loss happened to me due to their NON TIMELY TRANSFER of shares.
      PLEASE GUIDE ME. CAN I PROCEED AGAINST THESE PEOPLE UNDER DEFICIENCY OF SERVICES UNDER CONSUMER ACT.
      PLEASE GUIDE ME AND DO THE NEEDFUL
      Sir..I am sorry to say that nothing has happened after lodging the complaint here also. Till date I could not able to transfer my shares.
      This is the fate of karvy customer/ complaint resolution mechanism.
      Helpful
      Found this helpful?
      2 Comments
      Report
      Copy

      Post your Comment

        I want to submit Complaint Positive Review Neutral Comment
        code
        By clicking Submit you agree to our Terms of Use
        Submit
        R
        RamachandranSen
        Jun 25, 2020
        Report
        Copy

        Address: Hyderabad

        Hi,

        Client ID 13326126

        I sent the account closure and transfer of shares to another demat account form by courier to your head office. It was received by receptionist at your head office on 17/06/2020.

        However the customer care insists they have not received the forms.

        Where did the form received by your receptionist go? Why it was not put into your system and the request actioned?

        Please look into the matter.
        Karvy customer support has been notified about the posted complaint.
        Helpful
        Found this helpful?
        Write a comment
        Report
        Copy

        Post your Comment

          I want to submit Complaint Positive Review Neutral Comment
          code
          By clicking Submit you agree to our Terms of Use
          Submit
          D
          DebRC
          Jun 22, 2020
          Report
          Copy

          My karvy client id is 80280639 and dp id is in3300394.
          When i get my "statement of holding" from karvy, i get the following shares name in that.
          But, i don't get those shares in in nsdl statement.
          I get those in the bse statement against the client code 13784280.

          I am unable to get those transferred to my icici dmat account through dis as those are not mentioned in nsdl. Please get me back those to my dmat account and in nsdl.

          The shares are as follows:-

          Ine438a01022 apollo tyres ltd 176
          Ine062a01020 state bank of india 600
          Ine081a01012 tata steel limited 259

          Please help me. I tried to reach karvy lot many times but no body is picking /talking to me.

          Regards
          Shanti roy choudhury
          Karvy customer support has been notified about the posted complaint.
          I have already provided the required information. Still I am posting once again:-

          Name:- Shanti Roy choudhury
          Have DMAT account with Karvy. Detail:-
          Karvy DP ID #IN300394 and CLIENT ID # 80280639.

          Problem:-
          When I get the NSDL statement I see "Apollo Tyres", "Tata Steel" and "SBI" shares are missing from the list.

          I see those shares are in in NSE statement and listed under Client ID #[protected]Please note my client ID is[protected]

          Karvy has not registered them under NSDL and neither in my DMAT account.

          Please get me back those shares immediately to my DMAT account.

          Please check the above data and return me back my shares in my karvy dmat account. Please let me know what further information you require?

          Thanks
          Shanti Roychoudhury
          DebRC's [Complaint's author] reply, Jul 9, 2020
          I, SHANTI ROYCHOUDHURY along with GOPINATH ROYCHOUDHURY, holding DMAT Account with KARVY STOCK BROKING LIMITED. My DMAT account details with KARVY is as below:-
          DP ID- IN300394 and Client ID – 80280639

          I have dematerialized multiple company shares in the above DMAT account. I found that 3 very important shares with huge numbers are being not put to my KARVY DMAT account, rather they are being kept in Karvy pool account and hence I am unable to transfer those shares to other DP. I figured out that discrepancies when I got the NSDL and BSE/NSE statement. The details are as below:-

          1) In “NSDL statement”-
          I don’t find the following 3 shares (Karvy has not reported them under my DMAT account)

          I have attached downloaded NSDL statement from e-services. Please check

          STATE BANK OF INDIA - INE062A01020 - 600 quantity
          TATA STEEL LIMITED - INE081A01012- 259 quantity
          APOLLO TYRES LIMITED - INE438A01022- 176 quantity

          2) In “NSE/BSE statement”
          I find the above 3 shares against a Unique Client ID 13784280 i.e the pool account

          I have attached NSE/BSE statement. Please check

          STATE BANK OF INDIA - INE062A01020 - 600 quantity
          TATA STEEL LIMITED - INE081A01012- 259 quantity
          APOLLO TYRES LIMITED - INE438A01022- 176 quantity

          I found in BSE statement it is written as :-
          *Note:-
          1. Securities/ Commodities balance mentioned in the attached document are securities/ commodities held
          in demat accounts of the Trading Member, tagged as client account/ collateral account etc., on your behalf.
          It will not reflect holdings in your own bank account, demat account and Portfolio Management Services
          (PMS) balance maintained with any DP/PMS provider including your broking entity.

          Please get me back those shares to my DMAT account (DP ID- IN300394 and Client ID – 80280639), so that I can transfer them to other DP ASAP.
          Helpful
          Found this helpful?
          1 Comment
          Report
          Copy

          Post your Comment

            I want to submit Complaint Positive Review Neutral Comment
            code
            By clicking Submit you agree to our Terms of Use
            Submit
            G
            Gaurav Mahecha
            Jun 20, 2020
            Report
            Copy

            Address: Jodhpur

            Dear concern
            I worked with karvy stock broking ltd for the period june 2012 to april 2013 but i have not received the relieving letter till date also after several reminders that time i have not received the same also i have submitted the dues amount to company but still i have not received the letter
            Please help to get the same on urgent as i need to submit at my current employer details are as below
            Name gaurav mahecha
            Employee code: 38117
            Location jodhpur-rajasthan
            Karvy customer support has been notified about the posted complaint.
            Helpful
            Found this helpful?
            Write a comment
            Report
            Copy

            Post your Comment

              I want to submit Complaint Positive Review Neutral Comment
              code
              By clicking Submit you agree to our Terms of Use
              Submit
              M
              Moorthi Konar
              Jun 15, 2020
              Report
              Copy

              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
              Helpful
              Found this helpful?
              Write a comment
              Report
              Copy

              Post your Comment

                I want to submit Complaint Positive Review Neutral Comment
                code
                By clicking Submit you agree to our Terms of Use
                Submit
                P
                prakashsmit
                from Gangtok, Sikkim
                Jun 15, 2020
                Report
                Copy

                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.
                Helpful
                Found this helpful?
                Write a comment
                Report
                Copy

                Post your Comment

                  I want to submit Complaint Positive Review Neutral Comment
                  code
                  By clicking Submit you agree to our Terms of Use
                  Submit
                  B
                  Bhopinder
                  Jun 13, 2020
                  Report
                  Copy

                  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.
                  Helpful
                  Found this helpful?
                  Write a comment
                  Report
                  Copy

                  Post your Comment

                    I want to submit Complaint Positive Review Neutral Comment
                    code
                    By clicking Submit you agree to our Terms of Use
                    Submit
                    H
                    Harishanker Agrawal
                    Jun 12, 2020
                    Report
                    Copy

                    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.
                    Helpful
                    Found this helpful?
                    Write a comment
                    Report
                    Copy

                    Post your Comment

                      I want to submit Complaint Positive Review Neutral Comment
                      code
                      By clicking Submit you agree to our Terms of Use
                      Submit
                      A
                      Anjali Dewan
                      Jun 9, 2020
                      Report
                      Copy

                      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.
                      Helpful
                      Found this helpful?
                      Write a comment
                      Report
                      Copy

                      Post your Comment

                        I want to submit Complaint Positive Review Neutral Comment
                        code
                        By clicking Submit you agree to our Terms of Use
                        Submit
                        P
                        pratkkk
                        Jun 5, 2020
                        Report
                        Copy

                        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.
                        Helpful
                        Found this helpful?
                        Write a comment
                        Report
                        Copy

                        Post your Comment

                          I want to submit Complaint Positive Review Neutral Comment
                          code
                          By clicking Submit you agree to our Terms of Use
                          Submit
                          H
                          harivinod marimganti
                          Jun 4, 2020
                          Report
                          Copy

                          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.
                          Helpful
                          Found this helpful?
                          Write a comment
                          Report
                          Copy

                          Post your Comment

                            I want to submit Complaint Positive Review Neutral Comment
                            code
                            By clicking Submit you agree to our Terms of Use
                            Submit
                            A
                            Alpesh778
                            May 29, 2020
                            Report
                            Copy

                            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.
                            Helpful
                            Found this helpful?
                            Write a comment
                            Report
                            Copy

                            Post your Comment

                              I want to submit Complaint Positive Review Neutral Comment
                              code
                              By clicking Submit you agree to our Terms of Use
                              Submit
                              S
                              sajal06
                              from Allahabad, Uttar Pradesh
                              May 28, 2020
                              Report
                              Copy

                              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.
                              Helpful
                              Found this helpful?
                              Write a comment
                              Report
                              Copy

                              Post your Comment

                                I want to submit Complaint Positive Review Neutral Comment
                                code
                                By clicking Submit you agree to our Terms of Use
                                Submit
                                S
                                sajal06
                                from Allahabad, Uttar Pradesh
                                May 28, 2020
                                Report
                                Copy

                                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.
                                Helpful
                                Found this helpful?
                                Write a comment
                                Report
                                Copy

                                Post your Comment

                                  I want to submit Complaint Positive Review Neutral Comment
                                  code
                                  By clicking Submit you agree to our Terms of Use
                                  Submit
                                  V
                                  vishwesh kamat
                                  May 27, 2020
                                  Report
                                  Copy

                                  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
                                  Karvy customer support has been notified about the posted complaint.
                                  Helpful
                                  Found this helpful?
                                  Write a comment
                                  Report
                                  Copy

                                  Post your Comment

                                    I want to submit Complaint Positive Review Neutral Comment
                                    code
                                    By clicking Submit you agree to our Terms of Use
                                    Submit
                                    R
                                    rohZ
                                    May 21, 2020
                                    Report
                                    Copy

                                    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.
                                    Helpful
                                    Found this helpful?
                                    Write a comment
                                    Report
                                    Copy

                                    Post your Comment

                                      I want to submit Complaint Positive Review Neutral Comment
                                      code
                                      By clicking Submit you agree to our Terms of Use
                                      Submit
                                      L
                                      Latha Krish
                                      May 20, 2020
                                      Report
                                      Copy

                                      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.
                                      Helpful
                                      Found this helpful?
                                      Write a comment
                                      Report
                                      Copy

                                      Post your Comment

                                        I want to submit Complaint Positive Review Neutral Comment
                                        code
                                        By clicking Submit you agree to our Terms of Use
                                        Submit
                                        K
                                        Karthi_Raksha
                                        May 12, 2020
                                        Report
                                        Copy

                                        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)
                                        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?
                                        Helpful
                                        Found this helpful?
                                        Write a comment
                                        Report
                                        Copy

                                        Post your Comment

                                          I want to submit Complaint Positive Review Neutral Comment
                                          code
                                          By clicking Submit you agree to our Terms of Use
                                          Submit