Karvy Complaints & Reviews

I am client of karvy stock broking ltd. With id no.14086406. Some of my shares transfered to karcy beneficiary account without my knowledge and consent.in addition to this my payout from ksbl is pending since three months even after i frequently requesting at local visakhapatnam branch.
Hence i request you to transfer my shares to my demat a/c and cash to my bank a/c.

Thanks
Tvvgr
Id no.14086406...

A) it is so surprising that such a known company like karvy hiring for the prestigious flip kart process would cheat vendors like us who operated in goodwill. We did the hiring for them in the month of august-2018. It has been sixteen months now and they are not clearing our payment when you have a requirement then we prioritize your needs, but by not paying is not professional at all.

B) hr hemank malhotra is not responding...

Dear Sir,

Following share which I purchased from Karvy trading account have still not been transferred to my Demat account & this is a major cause of worry for me. I have been following up with Karvy staffs, for last few weeks & they have still not transferred these shares to my Demat account. I request you to kindly transfer these shares to my Demat account held with Karvy with out further delay to avoid escalation to Sebi...

I am visiting karvy stock brocking office from past 2 months for more than 5 times for my payout but they are not responding properly. Always asking to enter in register, some time entering in their dairies but no use. Tried from online also but not getting processed.
Tried all the phone numbers available but no one is responding.
I am worried where else all i have to raise my voice/complaint to get may money... Nsdl?, police...

Hi,
Demat account, customer id a45099249, name : mary shyla george was opened 5 months back.

Purchases too were made on this account. However when trying to sell it was not allowed saying power of attorney has to be submitted.
Even after sending poa through post there is been no activation of the account.

I've been sending mail every day to [protected]@karvy.com but not even any replies.
br...

Dear sir/madam

Customer no. 1761241 had done trading of 3400 nos. Of iocl shares at rs 131.60/- per share on 26.11.2019. I would like to bring to your notice that i still have not got the payment for the sold shares. Every time i call, karvy agent at guwahati gives some excuse or another with date extension that the payment will be made within one week or 10 days and so forth. It has been almost two months now and i have still...

Customer no. 1761241 had done trading of 3400 nos. Of iocl shares at rs 131.60/- per share on 26.11.2019. I would like to bring to your notice that i still have not got the payment for the sold shares. Every time i call, karvy agent at guwahati gives some excuse or another with date extension that the payment will be made within one week or 10 days and so forth. It has been almost two months now and i have still received neither the payment...

I am a client of karvy stock broking. My client codeis a45040481.

For last 1 month, i have been trying to make payout requests every day from my demat account, however, i am not receiving the payout amount in my account. I have got 24000+ money in the account.

I tried sending multiple emails but they do not revert to mails sent on [protected]@karvy.com and neither nobody answers the phone at customer care.
br...

Respected sir,
I like to draw your attention that my stock broker karvy stock broking not making payment till 3month even after placing request for payout of funds why it is not being transferred to my bank a/c.? Every time i have placed request, it is being stated that “pending request”? How can the same excuse be cited every time?
My request is for only rs-50000/ which is essentially & immediately need for my child education,...

I am requesting payout every week from november but they are not sending my money back.
Also customer support executives are transferring calls from one department to another but no one is solving my queris.

Also customer support executives are taking big time to answer the call.

My client code with karvy is a45086322

I have attached some of the recent requests screenshots...

Sir,
I have a trading a/c no 326269 with karvy. My some shares are still lying in the pool a/c and i have requested many time to transfer these share to my demat account. I have also requested karvy shimla branch to provide me the dis slip but they shows the inability to deliver it to me. I have also file a complaint at karvy website, the token of which is 6000, but karvy did not reply for it....

I had requested karvy computershare for issuance of duplicate bond certificate for ifci long term infrastructure bonds series 4 issued in 2012 on 29.11.2019 by an application enclosing there with indemnity bond on stamp paper of rs 100/- folio no inb0028268 for 4 bond certificates of rs 5000/- each. The application was couriered through speed post to their gachibowli, nanakramguda, hyderabad office. Still not received the duplicate certificate....

I have submitted payout request to karvy repeatedly on november and december but not received my funds in my bank account till[protected]
Also customer support executives are transferring calls from one department to another but no one is solving my quires.
Also customer support executives are taking big time to answer the call.
My client code with karvy is 17603711

So kindly transfer my funds at earliest...

Since i came to know from karvy stock broking ltd, hyderabad over mobile, the reasons for stopping of delivery trading then i opened one demat and trading account in shcil and applied through shcil to transfer shares lying with karvy to shcil. But i was told by shcil that karvy, pune office is not receiving the application due to reasons best known to them. Please confirm the reasons for non - acceptance/ transfer of shares....

KARVY STOCK BROKING LIMITED is completely irresponsible in handling Clients funds, approx. 40% of my funds (securities) have been kept in Karvy Beneficiary account and are not being transferred to my CDSL DEMAT account. Also my Payout from KARVY is pending since last 2.5 months. Wrote several emails to support email id, also copying Mr. Parthasarathy, Mr. M Yugandhar, Mr. Sri Krishna Gurazada.
Called Service Helpdesk multiple times...

Trading account - 151341
Some of the Shares lying in Karvy Pool account is not being transferred to my demat account despite several requests and escalation since more than a month. Also, the actual shares purchased by me is not reflected correctly in their pool account, Pls ensure proper regularsation and transfer to my demat account immediately.
Pls initiate immediate action to transfer all my shares in my demat account immediately...I...

My client code is 1762568. There is discrepancy in no of shares showing in my demat account and karvy pool account. Indian oil and eil shares are showing less and sbi, tata motors dvr share no where to be seen in my demat account.
I have also made a payout request from my ledger account but its not reflected in my registered idbi bank till now.
I have also registered a complain on 24/12/2019 to karvy ticket id 5678 but no any...

I have a trading account with karvy account id a45000755. I am requesting a payout from last one month of rs 333572/- but they are not returning my money. Along with that i have some deliveries also which i am not able to sell.
Karvy is doing a big fraud and some one should take action against them. It is a big amount and i am not able to trade. I am pissed off....

This is to inform you, serious matter regarding unauthorized trading done by the broker m/s sonali jain/khandelwal dealing office/branch office : b-4 1st floor parisharm shopping centre nr kaps township gate unchamala tal vyara tapi gujrat-394651 hence occurred a loss of rs.3, 00000 by the investor.
I am writing in detail regarding the fraud done by ms. Sonali jain/khandelwal.
About 14 months before (Sept-18), she opened an...

I have an demat account with karvy (Cust id : 269pu5558)
And i was requested for payout of amount 51000 rs but still my request is not yet processed and customer care is not working or did not get any call from karvy.
Very upset the kind of service and attitude and professionalism the karvy has shown. Karvy stock broking ltd firm broke my trust and i am planning to legally to proceed

Karvy cust id : 269pu5558...