Karvy Complaints & Reviews

I have been making efforts to withdraw my funds with karvy stock broking limited for the last 7 days, but there is no response from the company. Today also i made request for payment of rs 23400/- vide ref no.[protected]. I need your intervention to get my money back. Please arrange to take up with the karvy stock broking limited for refund of my money rs 23400/- regards...

I have initiated the payout first on 24/11/2019 but later on it was seen not initiated by karvy in time & shown balance in my ledger. Accordingly i again have initiated payout my total balance of rs.1623835.70/- on 26/11/2019. The amount is yet not credited in my bank account & same amount is showing in karvy ledger. Despite payout request it is not carrying out & hence, i am not able to meet up my urgent monetary problems. Please look into...

I have initiated the payout on 26/11/2019 but later on it was cancelled by karvy. Now again i have initiated payout of rs 82605/-. On 27/11/2019. The amount is yet not credited in my bank account.

I have been calling the customer care number since morning but no response, the call to the customer care executives is not even directed to them.

I need to know when will the amount get transfered. I need it urgently.br...

I am a long standing customer of karvy stock broking for more than
Six years. I am well aware of the current disturbance in the company
Because of the regulator sebi finding out certain lapses in which
Current customers money is misappropriated. I know it will take
Long time to get solution, who is right and who is wrong. It is a
Separate issue. Of late for the past one week karvy stock broking
Company...

I have initiated the payout on 27/11/2019 of rs 811/-. The amount is yet not credited in my bank account.

I have been calling the customer care number since morning but no response, the call to the customer care executives is not even directed to them. I have been trying since the time i came to know about the issue, which has come up in karvy.

I need to know when will the amount get transfered.

My...

Dear sir,

This to inform you that my login id 562760.
I have payout request rs.10000 at 18/11/2019 and rs.400 at 20/11/2019.
My ledger report is showing description paybnk echange nse date 18/11/2019 voucher no.[protected] narration being amt paid online ref no :181119 debit 10000.
Description paybnk echange nse date 20/11/2019 voucher no.[protected] narration being amt paid online ref no:201119debit...

My ledger has been debited since 18th of november but it has been passed 7 days and i am not getting funds to my saving account
I have never purchased any share. I only use it for buying mutual fund online.. I have redumpted all my m[censored]nits to get funds due to emergency
Kindly arrange to credit my funds
My client code is -6321152
Subhendu sekhar sahoo
[protected]...

Dear sir

I have trading account with karvy vide a/c. No. A45062719 in the name of harshaba dharmendrasinh chudasama, i sold my share and requested for payout of rs. 12100/- on 08.11.2019, but i have not received any amount and i have complaint to them but they are giving any reply, they told that they issued payment, i asked for bank details like neft utr number, they are not providing. Kindly help me.

Harshaba...

Hi,
I am anita singhal having an account with karvy with client code 2881163. I sold out shares in the last week of oct 2019 amounting to rs. 45, 595. The amount has not been credited to my bank account yet. Its been almost a month i am waiting for my hard-earned money. No emails and calls are being answered or acknowledged. Kindly look into the matter urgently.
Regards,
Anita singhal...

I have initiated the payout on 18/11/2019 of rs 5517/-. The amount is yet not credited in my bank account.

I have been calling the customer care number since morning but no response, the call to the customer care executives is not even directed to them. I have been trying since the time i came to know about the issue, which has come up in karvy.

I need to know when will the amount get transfered.
br...

I tried to reach karvy through all possible way. Here is my request.

Client id: 03635101

I checked my cdsl account and found that these securities are not available there in my cdsl demat account. But they are present in the portfolio of karvy trading account.

Idfc first bank ltd
Isins: ine092t01019
Quality: 860

India cements limited
Isins: ine383a01012
Quality:...

I have initiated my payout request from my trading id: 1621799 but its not processing from there end, i have initiated this 10 times from my online portal login, but its not processing from there end..? I visited the branch but there seniors are refused to meet and not giving proper information, please take a strict action against karvy and tell them to solve my issue. Please see the attached payout confirmation file which i have done from...

I have sold my shares on october 17, 2019 and since then i am reaching out to karvy customer care team to pay my amount in my bank account. But till now they are not replying on my emails, phones, and not bothered to transfer my money to my bank account. I was in urgent need of that money that is why sold my shares at lower price, otherwise i should have hold them and sell them these days or later at higher profit. Please look into the issue...

First i got the mail that the dividend amount for my shares are credited to my bank account on 30th aug 2019. But after checking my account i saw that the same is not credited to my account. After that i am continuously complaining to karvy from 18th sep 2019 through numerous mails but still there is no resolution from their side. Initially they tried to evade the situation by claiming dividend has been paid then they said we will check with...

With the reference to the above mentioned subject i here need assistance to resolve this issue as the karvy stock broking ltd is following an unethical pratice to hold the payout and settlement for month's so please kindly check this issue and take string action as they are also charging unlawful delayed payment charges for year's even after months the payout are not transferred to the trading account or bank account it's unlawful practice...

I have in my ledger account 37861.20 amount and three time made payouts but karvy is not transfering the amount to my bank account. Not only that when phone calls are tried they are auto answered as all exeutives are busy and try later. But whole day same messages are heard. Karvy seems next scam company like others already have notified by authorities....

Karvy stock broking is not processing my payout requests since past two weeks despite of daily reminders. There is some scam/fraud going on in karvy. No reply/communication getting from either team or karvy authority. And my karvy customer id is 2571680. Mr. Rajiv singh assures about the clearance of payout and the postponement is going on daily basis without any resolution....

Dear sir,

B sathynarayana shenoy
Bangalore

I have not received payout option of 24.82 lakhs
Traderd on 5/11/2019
Settlement date 07/11/2019
Contract note cc3455987
Settlement no 2019207

Karvy stock broking ltd.
Dealing office
Basavana gudi
Bangalore

[protected]@karvy.com

Sir i am with march since last 15 years
Since...

Hi hi this is imtiaz alam from rourkela i am working in flipkart as a delivery partner from ka govinda few days ago my grandfather was death and for that show i didn't go office and i didn't inform anyone and i reach office after few days official hug incharge see that your own state has inactive so you can't work more i said ok but still i haven't received my payment please help me i don't received my payment yet from previouss month...br...

[resolved] karvy — payout

2 reviews
Karvy house, no. 46, 8-2-609/k avenue 4, street no. 1 banjara hills, hyderabad - 500 034. Telangana, india. +[protected], hyderabad, telangana, india
Sports fan on oct 23, 2019

This brokerage firm is a big fraud. They do all they can to hold back customers payout. I have a nri demat account with them and they are holding back quite a bit of my money in...