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Karvy Complaints & Reviews

3.7
Updated: Jan 2, 2026
Complaints 1679
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Karvy reviews & complaints page 19

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G
gangsapana
from Delhi, Delhi
Dec 17, 2019
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Address: Dealing office/Branch office: B-4 1st floor parishram shopping centre nr kaps township gate unchamala tal vyara tapi gujrat-394651, Tapi, Gujarat, 394651

My karvy broker name sonali jain/khandelwal has done unauthorized trading from my account which has been opened by her only. She mold me in her greediness that she will invest our money in share market and provide 10, 000/-every month as a profit if i invest 1 lac. So i have invested 3lacs. She has given one month profit as 30000. Now she is saying all the money has lost due to market updown. She has invested all the money in future option. Please look into the matter.
Karvy customer support has been notified about the posted complaint.
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    smartdeepak21
    from Delhi, Delhi
    Dec 17, 2019
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    Address: A 24 A Block, Plot-173, Gali No-3, Qutubh Vihar Ph-1, Goyla Dairy, , Near Infant Jesus School, New Delhi, Delhi, 110071

    Certificate no: 01355655
    Folio no: dd01118599
    Name of bond holder: deepak kumar
    Issue price: rs 2700
    Face value: 1 lakh rs
    Date of issuance :- 15/06/1992

    The bond was purchased by my father, it has attain his maturity in 2017 itself.

    The original bond along with request letter, pan card, address proof, bank details and signature attested copies has been sent to hydrabad office somewhere in september-19.

    It has been confirmed by karvy customer care executive that by 29-nov-2019 matured amount will get credited, so far there is no update on this. Customer care number is also not responding.

    Pls revert when can i expect the amount.

    Regards,

    Deepak kumar
    [protected]/[protected]
    Karvy customer support has been notified about the posted complaint.
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      P
      Pranesh Gaikwad
      from Pune, Maharashtra
      Dec 17, 2019
      Resolved
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      Address: 421306

      Hi karvy hr,

      Greetings for the day,

      I m writing this mail just to inform you its been more than 60 days still my salary has not been credited.

      Iam not agree with your policy i need clarification why my salary has been delayed.

      Simply holding the payments is not a genuine way to deal with employees.

      I have been going through financial condition.

      Need a quick response and action.

      Regards,
      Pranesh gaikwad.

      Dear sleeping hr need quick response. This is how you severe when your employee left organization please note all the email which i had sent i had post on my fb and insta.

      Mr abhijit bhave ceo of karvy and v. Vaidyanathan of idfc and rajiv laal former md.

      If no response from you guyz then u will not get the simple mail be ready for my wording.

      Hope so u understand my silence before the storm comes.

      Please note if no response till monday
      Get ready all the ho will be abuse on email last warning.

      #ing # still yet my sallry has been not credited go through trail mail #ing illiterate peeps.

      I will make shure to take strict action.

      # off still yet i had not received any mail.

      # your comp worst company ever
      I will highlight thiss issue on social media
      +1 photos
      Jan 19, 2020
      Complaint marked as Resolved 
      Karvy customer support has been notified about the posted complaint.
      Verified Support
      Dec 18, 2019
      Karvy Customer Care's response
      Kindly share your employee id.

      Team Karvy
      Please settle the payout the customers of Karvy Demat and trading account holders on the priority. Also, help in transfer the shares in Demat account to other Broker Demat account on priority basis. Waiting for more than 3weeks is too long for the payouts. SEBI must act very fast on Karvy and ensure customers are not affected.
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        A
        achillesHOYA
        from Hyderabad, Telangana
        Dec 16, 2019
        Resolved
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        Resolved

        Hi sir,

        I updated my address online, recently.

        I received a sms saying

        Your urn request 0000/00613/25213 has been successfully approved and sent for further processing.

        But when i check online, it is saying "your request is under process, please check after some time"

        Could you please expedite the process, since i need my updated aadhaar urgently.

        Urn 0000/00613/25213
        Urn date:14/12/19 time: 17:50:52
        Dec 18, 2019
        Complaint marked as Resolved 
        Contacted customer care
        Karvy customer support has been notified about the posted complaint.
        Dec 16, 2019
        Updated by achillesHOYA
        URN date: 14/12/2019, time 17:00:52
        Sir i have try to many times to call karvy stock broking ltd but they nit attend any call and i also call my advisor but they not answer and not contect. please sir help me any karvy counstmer exective is not aattend my call karvy stock broker
        My client ID is S697066. My payout is pending since last month. I requesting it on several interval.
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          V
          VikasS1003
          from Mumbai, Maharashtra
          Dec 16, 2019
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          Resolved

          I am a client of Karvy Stock Broking.
          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 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.

          How can I get my money lying in Demat account transferred to my bank account?
          Jan 22, 2021
          Complaint marked as Resolved 
          Karvy customer support has been notified about the posted complaint.
          Verified Support
          Dec 18, 2019
          Karvy Customer Care's response
          Dear Sir

          Kindly mention your client code.

          Team Karvy
          Dec 18, 2019
          Updated by VikasS1003
          My client code is A45040481
          Dec 24, 2019
          Updated by VikasS1003
          Hi,

          Any updates on this?
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            C
            chandansoni633
            from Noida, Uttar Pradesh
            Dec 16, 2019
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            Address: Ashok Kumar Soni bartan wale, Sadar Bajar, Auraiya, Uttar Pradesh, 206122

            I have applied to ujjivan small finance ipo via upi with application number:rc[protected]
            My trading account is with zerodha.
            Upi id is [protected]@ybl

            14000 inr blocked in my bank account for this application but as i did not get allotment in ipo, please release my money. Its been almost 1 week but my money is not released.
            Please refund/unblock my money in my bank account
            Please r

            My bank is hsbc.
            Karvy customer support has been notified about the posted complaint.
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              Y
              Yays
              from Mumbai, Maharashtra
              Dec 15, 2019
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              Address: No. 46, 8-2-609/K, Karvy House Avenue, 4, Rd Number 1, Gaffar Khan Colony, Banjara Hills, Hyderabad, Telangana 500034, Hyderabad, Telangana
              Website: www.karvy.com

              Sir i have a complaint against karvy agent as he lives in the interior area of gonda and he the farmer over there and he is now living in lucknow and his standard of living is a plus and in every 2 months he visits gonda where he buys the land over there and last week he had a trip to bankok which was arranged by his company sir i just want to request you to check the passport and visa of this man and how he has earned money in 5 years and he has resigned karvy and now he has joined another company which i dont i am sending you the details of this man
              Name-kripa pati tewari
              Contact number-[protected]
              +3 photos
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                Y
                Yays
                from Mumbai, Maharashtra
                Dec 15, 2019
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                Sir i am sending you the details of the karvy agent as he went to bankok and all his expenses were paid by karvy management. Please check the passport and visa of this man as he belongs to jila honda and he is the farmer son and please check how much money he is having with him as everyday he used to buy new flats and new building and visits there. Sir please observe the working of this man
                His name is kp tewari
                Contact number is [protected]
                Karvy customer support has been notified about the posted complaint.
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                  S
                  Saibaba786786
                  from Hyderabad, Telangana
                  Dec 13, 2019
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                  Address: Ramreddy nagar, Hyderabad, Andhra Pradesh, 500027

                  My client id. Hbh8487several times i tried payout request but not processed everyday from last 12days i requested payout but not processed and the same amount added to my trading account there is no response from customer care and staff once i visited karvy headoffice and i met anuj account simply he said wait till 16th of this month and he told karvy accounts is siezed and unable to pay payout for all clients
                  Karvy customer support has been notified about the posted complaint.
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                    V
                    from Gurgaon, Haryana
                    Dec 13, 2019
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                    Address: Hyderabad, Andhra Pradesh, 124001

                    It's been a month that i am trying to take out my money from karvy stock broking account but karvy is not processing the same. Also they are not reachable on customer service desk or any other number. Neither they are reverting not releasing funds. My client code is 1406651. Please help in getting my money back. I need it badly and i m afraid karvy is going to default on payments.
                    +1 photos
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                      V
                      from Gurgaon, Haryana
                      Dec 13, 2019
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                      Address: 63/8 shivaji colony Rohtak, Rohtak, Haryana, 124001

                      It's been a month that i am trying to take out my money from karvy stock booming account but karvy is not processing the same. Also they are not reachable on customer service desk or any other number. Neither they are reverting not releasing funds. My client code is 1406651. Please help in getting my money back. I need it badly and i m afraid karvy is going to default on payments.
                      +1 photos
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                        M
                        munaga vamsi
                        from Tezpur, Assam
                        Dec 12, 2019
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                        Address: Karimnagar, Andhra Pradesh, 505215

                        My demat account is with karvy and client id is 01517711. I am trying to transfer my fund left with karvy my bank account i. E., 480340 rs. Even with repeated attempts i did not get fund transfer in my bank account. I am having shares with karvy worth of 190000 rs. But in cdsl statement it is showing less.

                        I am having star cements shares of 900 nos but in cdsl statement it is showing 500 nos only. It means some shares have been diverted.
                        Please help in this issue and transfer the funds to my sbi account and please look into the mismatch of star cements shares worth of 40000 rs.
                        Karvy customer support has been notified about the posted complaint.
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                          V
                          V.V.Sankaran
                          from New Delhi, Delhi
                          Dec 11, 2019
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                          I had sent a client profile modification form along with requisite documents for updating the bank account details, email id, mobile no etc. To karvy stock broking delhi office on 26.11.2019 in respect of dpid in300394, client id 12670694. The form and documents were sent by speed post no ed[protected]in on 26/11/2019 and delivered on 27/11/2019. It is almost 15 days now and i have not received any communication on the updatation status till date. Please look into the matter cause immediate action.

                          V v sankaran,
                          C-403 kairali apt, plot no-10, sector-3, dwarka, new delhi-110078.
                          [protected]@yahoo.co.in, [protected]
                          Karvy customer support has been notified about the posted complaint.
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                            M
                            Mohammed Nehal
                            from Hyderabad, Telangana
                            Dec 10, 2019
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                            Address: Madhapur, Hyderabad, Andhra Pradesh, 500081
                            Website: www.karvy.com

                            Hi,

                            This is mohammed nehal uddin ex-employee of karvy magnum bearing employee id 1021625. As the company had not cleared my f&f post 7 months. As per policy it have to be cleared within 45 days post last working day but the company had not cleared yet and making fake promises by giving excuses... So do needful and solve my issue...

                            Thanking you
                            Karvy customer support has been notified about the posted complaint.
                            Hi,

                            I want to know when we will be available to trade/sell and buy shares from Karvy account
                            Had purchased 'Tata Focused Equity Fund-Reg(G)' NFO from https://investment.karvyonline.com/ for Rs. 10000/- on 11/20/2019

                            The status is still showing as 'Purchase Pending'

                            The helpline no. is non - Functional'

                            Want to get the funds returned to my bank account

                            My Name is Sudeshna Bagchi and Client ID is 519085
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                              R
                              rajesh kazhipurath
                              from Bengaluru, Karnataka
                              Dec 10, 2019
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                              Address: flat no B2, 226, Malaprabha block,, National Games Village, Koramangala, 560047

                              Reference: customer ids:
                              [protected] rajesh kazhipurath
                              [protected] deepa sasidharan
                              1735257- geetha iyer

                              All o[censored]s have trading accounts with karvy stock broking ltd (Ksbl) under the above client codes. We have mutual funds held in our dps with ksbl which was used as margin for the limits we have for fno trading.
                              In all three accounts we were carrying option positions in nifty and bank nifty for the 26th december, 19 expiry. Since monday, the 2nd of december, your people have been pressurizing us to square off our positions, stating that karvy's license has been cancelled. We were told that if we do not do it, the positions would be squared off from head office. Bowing to the pressure and also not wanting a situation where our positions will be squared off at some random time and price, we agreed, against our will for the positions to be squared. This was on the 04th of december. This has caused a total loss of close to 475, 000 (Four lacs seventy five thousand) for us in all 3 accounts put together. keep in mind the following:
                              1. We had sufficient securities - mutual funds - with ksbl - totaling more than a crore, in all the 3 accounts put together.2. We had sufficient time till expiry - 16 whole working days till expiry.3. We were coerced to do something that we did not want to, these were hedge positions and we were very comfortable running them to expiry.4. The pressure to square off came about due to issues at ksbl's end - in no way related to us or the conduct of our accounts.

                              Ksbl is entirely responsible for the losses that we have incurred. It is the issues at the company's end - malafide issues and gross misconduct that has resulted in this. We want all our losses made good by the company. please let us know how to go about this.
                              Karvy customer support has been notified about the posted complaint.
                              Client Code :17310383, DP A/c : IN[protected].
                              I am not able to transfer my money from trading account to my bank.
                              From last 20 days requesting company to transfer money from Trading account to Bank account. But Till now there is no proper response from their side.
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                                P
                                pulkitshah
                                from Ankleshwar, Gujarat
                                Dec 10, 2019
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                                Address: Vadodara, Gujarat, 390002

                                We are holding dp id 13785219 deepti rameshchandra shah and preety raameshchandra shah
                                And dp id 13785497 pulkit rameshchandra shah and deepti rameshchandra shah
                                I have iniated and submitted requiste documents for dis slip to vadodara office on 2nd december. They are not responsiding nor does ur call centre ans. I have sent 3 emails ticket no is 5050 but no result.
                                Karvy customer support has been notified about the posted complaint.
                                Am not getting any of my payouts since last month every time it is declined
                                My clieny id is 1773434 and my amount is 42113.13 i want my money its urgent!
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                                  M
                                  Manish.Prakash
                                  from Mumbai, Maharashtra
                                  Dec 10, 2019
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                                  My karvy customer id is a[protected]. I have more than rs 27, 000 with karvy which they are not paying me out after repeated payout requests.
                                  Karvy also has a significant amount of stocks in their pool account which they are not transferring to my demat account. I have been trying to cal their helpdesk without any success. I have also sent them an email but they have not responded.
                                  Karvy customer support has been notified about the posted complaint.
                                  I have been requesting for payout from my trading account 4291538 since 27.11.2019. Karvy not processed my request. I am seriously worrying about my money.

                                  Waiting for help from the concerned authorities for early payout.

                                  S b doddamani
                                  I am transferring my available amount from Karvy account to my account since 3 weeks however whenever I call they are keep saying it will get credited in 2 days

                                  I am not sure will I get it or not
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                                    V
                                    vikas
                                    from Delhi, Delhi
                                    Dec 9, 2019
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                                    Dear team,

                                    I have applied for ujjivan small finance bank ipo on 4th dec 2019. For which an amount of rs. 29600 still blocked on my account, as per broker zerodha my application mv[protected] is rejected from bank side & bank is saying it is blocked for ipo, will i get the allotment or refund & by when. Bid submitted through zerodha - payment through phone pay linked with my icici bank account.

                                    Pls contact me for any query
                                    @[protected]
                                    Karvy customer support has been notified about the posted complaint.
                                    It has been more than 2 months i made multiple request of payout but none of them is getting processed .everytime they make some excuse like server down and doing horseplay.
                                    my karvy account - 2794898.
                                    I have requested for payout before one weak ago and till yet not received invited bank account.

                                    I trused over Karvy and shift my demand from axis to Karvy but their dealing manners is really zero. They are not working in the right way or even on their words.
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                                      SrinivasKothapalli
                                      from Hyderabad, Telangana
                                      Dec 9, 2019
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                                      Address: Hyderabad, Andhra Pradesh, 500050

                                      My client i'd is a45000598 and i have 52k in my karvy account. From last 2 months i am trying to transfer amount to my bank account, all payout requests failed. Not even a penny got credited to my account. Customer support not even attending call.

                                      I have opted for payout request more then 20 times almost every day but all failed.

                                      Srinivas kothapalli
                                      Srinivas. [protected]@hotmail.com
                                      Karvy customer support has been notified about the posted complaint.
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                                        santacruz
                                        from Mumbai, Maharashtra
                                        Dec 8, 2019
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                                        My cliend id is 16310469, please transfer my credit balance of rs. 4329.39 to bank account immediately and transfer shares in pool account to demat account immediately. Total five scripts are showing in pool account. I am not having any overdue amount for payment to you then why my shares are lying in pool account, please explain. Last two months i am continuously calling your concerned official for transfer of credit balance but still not done yet.
                                        Karvy customer support has been notified about the posted complaint.
                                        Jan 08, 2020
                                        Updated by santacruz
                                        TILL DATE THERE IS NO RESPONSE FROM THE COMPANY
                                        I am customer of Karvy for 30 years. Karvy had delayed in paying the due amount after selling shares in our demat accounts held with them. It is more than 1week that the payout request was made.
                                        Dr V S Santharam
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