Karvy Complaints & Reviews

Dear sir,

My client id is s154003, i have a credit balance in my account i have requested for payout but still payout has not been done, spoke to mr samrat, mr naveen parmar and mr ridhham lakhani, they just assure that payout will be done but nothing has been done.
I have an urgent requirement of fund as some medical emergency is der at my home, how can some one block my money

I have a trading account with karvy and sold some shares and posted payout request to transfer the amount of 51336/- to transfer to my bank account. Although, the amount got debited from my karvy ledger account but the same did not get transferred to my icici bank account even after 11 days. I have sent several mails to karvy at [protected]@karvy.com but every time i get standard reply that they are looking into the matter. I spoke with executive also on 11 october 2019 and he assured that the money will get transferred to my bank on the same day but still not done on 14th also. What game karvy is playing with its customers? By debiting the amount but not really transferring, they are alearly using customer's money for all these days without any guilt. Is karvy working as per sebi norms? Karvy is not providing the transaction details also so i cannot even talk to my bank.

I had submitted by registered rent agreement for address updation on 12th october (Urn - 0000/00601/09153) but got a response the reject reason: invalid documents.

There is no indication of why or how this is invalid. I am stuck unable to update my address since i moved to a new place and my registered rent agreement is the only proof i have and is on uidai's list of approved proof of address documents.

My dmat i'd is 1561584. Sold few mfs and initiated the fund transfer on 5.2l on 25th sep. Today is 12th oct and every day i am pleading with karvy people for fund transfer. But no response. For the past 15 days karvy is holding my money with out any reason. This is illegal and they are using my money without my consent. I am really worried about my money.

You people shifted your office from Yavatmal-445001 without written intimation to me.i was totally unaware of your details.you sold all my shares without my permission to adjust your fees.and now you ask me for balance payment on my dmat account.I have no option other bthan to lodge a complaint with sebi.My client code is 570286.Kaqrvy financial is asking me to pay rs 719.82 against my dmat account number IN[protected].What for?

I was updating my aadhar address to my new address but after three attempt also its failed. I tried with ration card, index-2 and finally with electricity bill.
Latest message:
Your request 0000/00599/33951 has been rejected due to : data mismatch in document and update request.

Aadhar no.[protected].

New address:
A4/605, jp symphony, gaikwad pada, ambarnath - east, thane - 421501

I prashant gupta had a telephonic conversaton with due respect to dinesh patnayak wheree as it was decided that I have send stamp paper duly attested by notary public of Rs10 / and DC certificate of depositor nominee even all the required document's I did every step what ever karvy is stated for last 2months but I got hope where as I got interacted with Deepak Patnaik manager Karvy (GFIL), I Prashant Gupta do hereby request especially Dinesh Patnaik that I Mr Gupta Prashant because this matter linger on too much, even leggally mentioned my transfer account number . Even all do
you to update in your record whatever is pending ans pending to by scanned issue, My contact [protected], [protected]

Hello team, yesterday i had requested for the update of my address in my aadhaar. My urn was 0000/00598/23905 & as a proof of address i had uploaded my latest gas bill which bears my name & address details.

Still my application is rejected with the following message:

Urn number: 0000/00598/23905
Reject reason: data mismatch in document and update request

I am still not able to understand the reason of this rejection.

I applied for the closing of my demat account no[protected]. But till date it is not closed and no confirmation mail of its closing has been received by me. Request you to close it and confirm the same. Your attention is also drawn towards my folio no [protected]. I applied to stop the sip on 12 july 2019. But it still continues. An immediate action is request ed

Folio no s025390
I had contacted karvy, as bonus physical share documents.
On sending them email, they had asked us to send some documents for issual of duplicate share certificates.
As suggested, we had submitted all the documents pertaining towards issuing duplicate certificate of bonus shares and we are communicated that we will shares in demat account in 2 3 weeks. Now it is more than 1 month and we are contacting the executive via email and phone but no responses. We are trying to get out shares last 1years.
Since there was no further communication from you, we had send another mail on 21/8/2019, for which also we didn't receive any further communication.
Kindly expedite the process of issuing duplicate share certificates at your earliest
Regards
Neha agarwal

Sub: issues of bonus shares issues during 2009
Ref : ref: kcpl/ril/ib-receipt/i-566209/f[protected] & folio no[protected]

I had contacted karvy, as bonus physical share documents we hadnt received which was issued on 2009, on reliance industries

On sending them email, they had asked us to send some documents for issual of duplicate share certificates.
As suggested, we had submitted all the documents pertaining towards issuing duplicate certificate of bonus shares.

The same had been forwarded to you on 6th september 2018. We had received a confirmation letter dated 12/10/2018 (Ref: kcpl/ril/ib-receipt/i-566209/f[protected] for receipt of the above said documents.
But after that no further correspondence.

Since there was no further communication from you, we had send another mail on 9/7/2019, for which also we didn't receive any further communication.

Kindly expedite the process of issuing duplicate share certificates at your earliest
Regards
Rachel rajan

Hello,
This is manikanta. I have worked in karvy for 8months. Joined on 21sep 2018 and left from the office on 19may 2019. I served 30 notice period as we company norms. As per company policies salary should be credited after 45 days from the lwd. Now it's 120 days completed. Still i didn't get any salary from the company. When i was asking the hr department they are not responding properly. And they gave one mail id.. I. E., hr. [protected]@karvy.com. Even after mailing to that also we didn't get any response. So kindly please solve this issue as soon as possible.

Regards,

Manikanta
Mobile no:[protected]
Mail id:[protected]@gmail.com

Hr details:
Hr land line :[protected]
Hr mobile no:[protected]

So what happened yesterday, someone from your department called me and give me a proposal that ujjivan share is going down and we expect even more downfall. After listening to them i said okay put a buy order at 295.
Because at that time it was trading at 308, the lady on the other side said okay sir.
Then after 5 minutes, she is calling me and saying sorry sir, i bought it at 307 by mistake and suddenly it went till 300 so now it's 600 loss. You have to bear. I was furious and said did you hear what i said clearly, she said yes sir but it was mistake from my end. I have the recordings with me in which it is clear what i said and she has given her acknowledgment and even after that she has bought and sold shares without my consent which is a fraud from karvy and i am approaching sebi now.

Respected Sir,
I can request review all doc's legally checked sent to you do the needful, I beg to all corporate registree staff " "jai Shree mehndipur Balaji "

A T Ravi Kiran,
Karvy Fintech Private Limited
Ground Floor, RTI Department
Karvy Selenium Tower B, Plot Nos. 31 & 32 | Financial District
Nanakramguda |Serilingampally Mandal | Hyderabad - 500032 | India
Respected Sir,
I have acknowledged to your response as this cheque which i returned you back of 16800/- because it was in the name of my grand mother Lt Sumitra Singh” who invested for my deceased mother renu gupta whoes death certificate i have sent already but if required again i will send all the required document's again but as it was stated by you regarding “Rajeev Singh” we are no more in his contact, and in in family member noc her Smt Sumitra Singh son's and daughter are not alive no more contact .
as this cheque of 96000/- issued by golden forest India pvt ltd of state bank of patiala clearing house was clearly issued in my mother name Renu Gupta W/O Lt Sh Suraj Narayan Gupta advocate which i deposited in her account 8426 union bank of india chawri bazar delhi 6 returned with remark insufficient fund's .
I am requesting claiming because i am legaly son of renu gupta partially handicapped affected neurology issue for which i will produce medical certificate as well .
I am unable get to know when cheque issued by Golden Forest India Pvt Ltd in the name Renu gupta then how come rajeev singh name, i do regard to your response and deliver the document's at your address, I am begging for likely your, my small daughter as far as dc is requested by me by Rajamahendran sai mohuteika
and in today's email required scan copy of cheque, company name, invested amount, account number will be send to you at your respective address .
Lastly can i get your contact number or sorry to say you can call at my below mentioned number beg .
Regard's
Prashant Gupta.
[protected], [protected],

I have sent two tax free bonds of PFC & IRFC for revalidation and yet to receive the credit in the account except an acknowledgement of the receipt of the documents. Customer care is utterly unhelpful and don't act kindly. God help this country for having entrusted the dealing to such cheat companies. The acknowledgement for the IRFC BOND IS transaction reference no. 18154 & for PFC bond is 19871 & 19931.
Its more than two months since I have submitted the warrants for revalidation and yet to receive the credit in my account.

I sent a hudco bond for revalidation and the same was received and acknowledged. Today when I asked the customer support staff they were clueless and when I was speaking to their senior the line got disconnected (intentionally) subsequently call again and asked for the senior they said he was busy on another call( a lie) gave my no. No call so far.

As i have an online account from karvy last from 31st july..
I pay in ammout rs 8750/-
As on different dates
But now when i try to pay out my amount
It is not processing..
As i try to pay out 500/-
Before 20 days ago
And 4000/- on 8/9/2019
But till the date i have not received back my account..
It seems that karvy is going to be doughtfull...
No customer care service responding poaitivilly...
Feeling very upset...

Dear Sir/Madam,

My client ID: A2308391 Name: k srinivasa rao. I have executed my payout amount RS 1, 59, 000/- on[protected]. I have contacted same day at 3:30pm and I have called many times to toll free number they are telling don't know just make call to service department. I have called to service center 3times on[protected] and 4times on[protected] not given any proper solution and actually they don't have answer why the payout no yet credited. I have sent mail on[protected] to service department but no solution. .No proper service for clients. Please execute that payout process.

Regards
K Srinivasa rao
Ongole.

Hi Investor's & Consumer Complaint reviewer,
I sent the Dc as per Karvy corporatee Mr Rajamahendran sai mohuteika ordered, and even in 45 day's have passed ok i wrote in my previous email's that Rina Kumari stated your document's are received by Karvy Hyderabad and they are updated in the record and payment will be processed shortly,
then dear i again senfd dc and all related doc's by mail to all Registree Corporate almighty's to process payment, Story not ended hear Investor again a lovely auto reply we required these detail's more and after successful validation payment might proceed if it is in your fate for your kid.
Detail's
Amount Invested :-24000/-
Investor Name:- Sumitra Singh
Nominee :- Lt Smt Renu Gupta
Company Name :-GOLDEN FOREST INDIA LIMITED
Account Number :-LSB37482
REGISTRAR REF:-6024109
WARRANT RETURNED :-1138
These detail's dear Consumer Complaint Officer required by Karvy (GFIL) forwarding to them .
Dear Karvy please let me know how much time or more document''s required by Different, Different Karvy corporate Registree staff but beg beg, keeping patience when you want to refund .

Hi Investor's & Consumer Complaint reviewer,
I Prashant Gupta who was daily writing request complain to Karvy and will and have to write till my death i know because complain request not resolved, today again one of the Corporate registree executive Rajamahendran sai mohuteika wrote reply that send dc as my case is hold they required death certificate of investor even it was received by there corporate registree staff Rina kumari in which she stated all required document's received payment will be processed shortly, no issues i will send again through email for Rajamahendran sai mohuteika to process the payment because they are taking long time after fulfilling all the required detailed doc's i have to fight for my small daughter even lead to beg to Karvy, Dear Investor's it is not easy to get payment i believe, call no [protected] unable to get to any customer service executive, i write email no positve reply when Karvy have intention to refund .

Hi
Consumer Complaint Officer,
My request or complaint is the same mentioned below trailing for last one month i believe sharing same statement mentioned below, but not yet resolved by Karvy Fintech refunding investor's or there family person invested hard money as per apex court order's 70% of the invested amount .Kindly strictly take action now i am tired of writing to consumer forum as well for needy handicapped Neurology patient .I received lastemail from Rina kumari at 1:30 Pm stating document's received successfully updated in there record's payment will be released on the same day from Harish G at 17:30 pm stating after validation i will be intimated, then from Raju Surakranti at 20:39 same reply please don't delay it is not a huge issue .
Dear Karvy Employees, I Prashant Gupta received three email's last received from 1-from Rina Kumari Corporate Registree satisfactory reply stating that we have received document's and enter in there system required detail's payment will be subject's to validation of document's and will be shortly processed no "Surity "When "? 2-email from Harish G stating same automated reply after successful validation payment will be processed no surety when God knows, 3-Email From Raju Surakanti at 8:39 pm same automated reply we have received high volume of request for my payment process, keep patience after successful validation payment will be processed, Hope When it will be processed god know's . after send so many email's in-spite of that no time when it wil be received after begging, Karvy Selenium, Tower- B, Plot No. 31 & 32., Financial District, Nanakramguda, Serilingampally Mandal, Hyderabad, 500032, India. Karvy Selenium, Tower- B, Plot No. 31 & 32., Financial District, Nanakramguda, Serilingampally Mandal, Hyderabad, 500032, India, 1
I Prashant Gupta is majorly affected Neurology patient requesting, begging President of India to Intervene in this matter and resolve, I prashant gupta S/O Lt renu gupta R/O plot no 7 flat no C-1 Shalimar Garden Ext 1 sahibad do received the cheque of 16800/- but in the name of Deceased Sumitra Singh and i have sent all the related document's proof's at your address but several email's i am receiving from different different registree officer sending automated reply only prompt response was from Mr Sanay Sahoo stating warrant sent through regd post in my name.
Please clarify when it will be received as i have send your cheque along with bank detail's and all related proof's legally required.even clarified invested amount company name, nominee detail, warrant receipt, and copy of the cheque given by golden forest of 96000/- of State Bank of patiala clearing house .
I Prashant Gupta DO HEREBY REQUEST PMO AND PRESIDENT OF INDIA THAT I HAVE RECEIVED THE EMAIL RESPONSE FOR REFUND FROM MR SANJAY SAHU REGISTREE DEPT SR KARVY RELATED TO GFIL STATED THAT WARRANT OF 16800/- . NO CLARIFICATION TO REFUND .WHOM SO EVER IT MAY CONCERN PLEASE DO NOT IGNORE .
I prashant gupta S/O Lt renu gupta R/O plot no 7 flat no C-1 Shalimar Garden Ext 1 sahibad do received the cheque of 16800/- but in the name of Deceased Sumitra Singh and i have sent all the related document's proof's at your address but several email's i am receiving from different different registree officer sending automated reply only prompt response was from Mr Sanay Sahoo stating warrant sent through regd post in my name.
Please clarify when it will be received as i have send your cheque along with bank detail's and all related proof's legally required.even clarified invested amount company name, nominee detail, warrant receipt, and copy of the cheque given by golden forest of 96000/- of State Bank of patiala clearing house .

HI RAJU,
I WOULD LIKE TO KNOW HOW MUCH MORE TIME IT WILL TAKE IF POSSIBLE MAKE EARLIST.

This is to certify that inspite of numerous intimation email's correspondece sent along with the legally proof looping the hirarchcy of Govt ministariat and supreme court as well, i am not getting response from the Karvy when they are intended to give the transfer of 16800/- to which cheque was sent along with warrant in the name of deceased Lt smt Sumitra Singh who invested for her daughter Lt Renu Gupta as of which i handicapped partially suffering from Neurology Dx send the copy of the proof of my medical and relation with decesased relevant so that it would be fisible to track that the complainant is not making fun it is the genuine and intitled fore the same, In your trailing mail received it was stated by Sanjay Sahu that warrant is delivered but not received till yet again there was a statement by other corporate registree official that warrant delivered but when review the email Payee name was wrong but the account number was correct which is mine Prashant Gupta for which i have sent physically & attached copy of bank proof passbook, Kindly Clarify what happening when Karvy intended to pay, My contact detail's are [protected], [protected], [protected] .Dear Investor's Karvy employees, or whoever going through this consumer complaint kindly pay the heed and ask them to consider for me needy begging for my own money .
I prashant gupta s/o lt renu gupta r/o plot no 7 flat no c-1 shalimar garden ext 1 sahibad do received the cheque of 16800/- but in the name of deceased sumitra singh and i have sent all the related document's proof's at your address but several email's i am receiving from different different registree officer sending automated reply only prompt response was from mr sanjay sahoo stating warrant sent through regd post in my name.
Please clarify when it will be received as i have send your cheque along with bank detail's and all related proof's legally required. Even clarified invested amount company name, nominee detail, warrant receipt, and copy of the cheque given by golden forest of 96000/- of state bank of patiala clearing house.
Please clarify when it will be received as i have send your cheque along with bank detail's and all related proof's legally required. Even clarified invested amount company name, nominee detail, warrant receipt, and copy of the cheque given by golden forest of 96000/- of state bank of patiala clearing house.
Hi investor's or to whomsoever it may concern you will see yesterday i wrote a lengthy request to karvy fintech (gfil) but i came to know with email by one more corporate registree executive that we will see update record's get back to me .Sympathy, matter not resolved .A very big story has become in it started by receiving cheque, then reported the issue regarding the cheque along with trailing email's, no positive respose from karvy fintech (gfil) regarding transfer fund's, wrote to president of india official member's, supreme court, lt governor, pmo, stating only request for 16800/- to get release from karvy fintech (gfil), dear whomsoever read this complaint dear i am begging for my only daughter even after giving bank detail's, relevant proof's asked lakh's of time by karvy fintech (gfil) registree corporate employee's else what all they want to transfer, even i wrote please treansfer before my death, i prashant gupta beg karvy fintech (gfil) to process my request if required can call @ [protected], [protected], ok tell me what you people want, proof sent by courier every thing by email .

Lastly i request help reply with exact time and refund .
BEG BEG KARVY (GFIL)

Hello,
This is Chepuri Sruthi. I have worked in karvy Mitra located at Madhapur, VIP hills, Hyderabad for 8 months .I resigned the job on 7th May 2019 and served 30 days notice period as per company policies .And I relieved from the company on 7th June 2019 .As per company norms we should get the Full and final settlement after 45 days after the LWD . Now its 90 days completed, Still I didn't get Full n Final settlement . When I contacted the HR ..They were saying that It is in pending at accounts department.And they gave one email id hr.[protected]@karvy.com.Still I didn't get any proper response. kindly provide the solution for above issue.

Employee ID: 1026704
My Mobile No:[protected]
Email ID: [protected]@gmail.com

Karvy Mitra Contact Details:
HR contact:[protected]
HR Mobile No.[protected]

Regards,
Chepuri Sruthi