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Karvy Complaints & Reviews

3.7
Updated: Nov 13, 2025
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M
Mukeshsthakur
Apr 29, 2022
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My uncle Mr. Jamnadas Vatani has paid the full consideration for purchase o[censored]nlisted Equity Shares. But even after lapse of more than a year, he has not received these shares in his demat account. Strangely enough, they have confirmed that these shares are lying with them in their demat Account No. IN[protected]. It is expected that they should either refund the amount paid or transfer the shares to Our account. Amount was paid to Karvy Capital Limited.
Karvy customer support has been notified about the posted complaint.
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    B
    from NAYAGARH, Odisha
    Apr 22, 2022
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    Address: N R CONSULTANTS , KHANDAPADA ROAD , NAYAGARH 752069

    Sir i have a security deposit of rs 25000 + rs 25000 with karvy stock broking but they are not responding . Please advise me .
    Karvy customer support has been notified about the posted complaint.
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      S
      srijan35
      from Lucknow, Uttar Pradesh
      Apr 12, 2022
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      Pending Dues-Shares lying in Karvy Pool Account

      From the past 2 years I have been waiting for the transfer of my shares which are still in possession of Karvy Stock Broking Limited, now there is no one to talk to, the regional offices are closed and people do not answer the phone anymore.
      In December 2020 I went to Karvy Office and was asked to sign a form on which I was assured that my shares which are in beneficiary account will be transferred to my new Demat account with CDSL...
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      N
      Neeraj_s
      from INDORE, Madhya Pradesh
      Mar 26, 2022
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      Address: KSBL, KARVY HOUSE, BANJARA HILLS, HYDERABAD, TELANGANA

      I visited KARVY STOCK BROKING LIMITED Indore Branch on 9th Dec’2020 and submitted my Client Master list of ICICI DMAT account and requested them to transfer my 1798 BIOCON LTD shares in my ICICI DMAT account and closure of my KARVY account
      On my follow up with Karvy Stock Broking Ltd., on 4th Feb 2021 KARVY Stock Broking Limited has sent me my HOLDING Statement and LEDGER Statement Period 01.04.2018 to 04.02.2021 dated 04.02.2021. As per HOLDING statement of KARVY also I am having 1798 BIOCON shares and Credit Balalnce of Rs 2500 in Ledger
      You are requested to kindly help me in getting my 1798 Shares of BIOCON LTD from my KARVY DMAT account Unique Client Code: UCC 1751256, IN[protected] to my ICICI Bank DMAT account IN[protected][protected]
      Karvy customer support has been notified about the posted complaint.
      Apr 20, 2022
      Updated by Neeraj_s
      visited KARVY STOCK BROKING LIMITED Indore Branch on 9th Dec’2020 and submitted my Client Master list of ICICI DMAT account and requested them to transfer my 1798 BIOCON LTD shares in my ICICI DMAT account and closure of my KARVY account
      On my follow up with Karvy Stock Broking Ltd., on 4th Feb 2021 KARVY Stock Broking Limited has sent me my HOLDING Statement and LEDGER Statement Period 01.04.2018 to 04.02.2021 dated 04.02.2021. As per HOLDING statement of KARVY also I am having 1798 BIOCON shares and Credit Balalnce of Rs 2500 in Ledger
      You are requested to kindly help me in getting my 1798 Shares of BIOCON LTD from my KARVY DMAT account Unique Client Code: UCC 1751256, IN[protected] to my ICICI Bank DMAT account IN[protected][protected]
      when my complaint of 1798 BIOCON shares with Karvy Stock Broking will be resolved. you are saying that Karvy Customer Support has been notified, pls follow up for their reply.
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        D
        dvchudasama
        from Jobat, Madhya Pradesh
        Feb 25, 2022
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        Dear Sir,
        I bought 20 shares of Mastek Ltd., but Karvy kept in pool a/c., hence I could not transfer or sell this script, as on today valuation of this shares comes to Rs. 52000/- I have lodge complaint to NSE Ltd. vide complaint no. 1) NSEARO/0033467/20-21/DCS, and 2) NSEARO/0033467/20-21/DCS/REV1, but I did not get any solution,
        Please help me
        Harshaba D Chudasama
        m: [protected]
        Karvy customer support has been notified about the posted complaint.
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          S
          Ssdatta
          from DELHI, Delhi
          Feb 23, 2022
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          Address: [email protected]

          Shares held in Reliance Industries Limited under Folio No.[protected] by the shareholder ‘Mr. Simran Singh Datta’

          Reference communication bearing Ref: PSE/STAT/RIL/1396591/6551055 Dt.:[protected], it has been confirmed that at present 140 shares are lying in Folio No.[protected]

          Earlier communication numbers are as under for your reference, if required.
          • Ref : KFPL/RIL/DUP/IB-OBJ/1090341/6234444/[protected]
          • Ref : PSE/STAT/RIL/1097140/6241573 Dt.: 08/12/2020
          • Ref: PSE/STAT/RIL/1154714/6304216 Dt.:[protected]
          • Ref: PSE/STAT/RIL/1356818/6516011 Dt.:[protected]
          • Ref: NAR/STAT/RIL/1371452/6531528 Dt.:[protected]
          • Ref: SUG/STAT/RIL/1388557/6542966 Dt.:[protected]
          Ref: GNS/STAT/RIL/1519485/6691251 Dt.:[protected]
          Karvy customer support has been notified about the posted complaint.
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            D
            Dhara Kashyap
            from Puttur, Karnataka
            Feb 11, 2022
            Dec 19, 2022
            This thread was updated on Dec 19, 2022
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            My shares with client I'd 03124232 in karvy are not traceable.It has been more than 2 years since closure of karvy and I am tracing them.
            Karvy customer support has been notified about the posted complaint.
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              A
              aurvind yadav
              Jan 27, 2022
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              I am Having Franchisee of KSBL, Francisee Code722, KDMSL Code 06208, Kindly Refund my Complete Security Deposites for both the Franchisees. Also Release my Pending Brokerage with Karvy.
              Karvy customer support has been notified about the posted complaint.
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                U
                UditRaina5490
                from Delhi, Delhi
                Jan 15, 2022
                Dec 19, 2022
                This thread was updated on Dec 19, 2022
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                Hi Sir,

                I am unable to invest in NPS since past one year as it says invalid PRAN number.

                How can I further invest and get my pran activated?

                I am getting emails from [protected]@kfintech.com with last four digits of my pran but I am unable to do transactions.

                Please help.
                Karvy customer support has been notified about the posted complaint.
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                  M
                  M. Karthi
                  Jan 6, 2022
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                  Address: No. 20,FIRST FLOOR MAMATHAMBI MARAICAR ST

                  Tinfc No. 6687
                  Name. Mr. Selvamani
                  Address. No. 20, First floor, Mamathambi maraicar street
                  karaikal - 609602
                  The above license holder selvamani was expired on 20/04/2021.but that office contiuing expired holder license. They are misusing his license. Why are you not taking action still.
                  Karvy customer support has been notified about the posted complaint.
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                    S
                    suyashudare
                    from Pune, Maharashtra
                    Dec 30, 2021
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                    Address: pune

                    I am Suyash Udare. My ARN CODE is 139520. I am associate with karvy distribution. As Karvy is merging with prudent and the merging process is going on. I had not received my commission from the month of August or september till date. now i have no idea from whom I will get my commission. prudent says they will give commission from December. There is no response from karvy at all. can u please help me for this? Please let me know what I have to do ang i will get my pending commission
                    Karvy customer support has been notified about the posted complaint.
                    not getting any reply yet
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                      P
                      pradipr_sen
                      from Medinipur, West Bengal
                      Dec 22, 2021
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                      My Karvy DPID is [protected]. Following my shares are holding in Karvy pool. I am very economically challenged person. As per process I logged in NSE NicePlus. NSE Defaulters' Committee Section send the letter as"All of my stocks are pending before Securities Appellate tribunal. The same will be dealt in the manner as may be directed / specified by the competent court of law." . My kind request please do needful to get my shares.
                      Karvy securities 3514 shares of RCOMRELIANCE COMM. LTD, 232 shares of HCCHINDUSTAN CONSTRUC CO., 260 shares of
                      PCJEWELLER-PC JEWELLER LTD subject
                      matter of litigation filed against karvy Stock
                      Broking Ltd.,
                      Karvy customer support has been notified about the posted complaint.
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                        K
                        Karan199012
                        from Hyderabad, Telangana
                        Dec 12, 2021
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                        Address: Gachibowli Hyderabd

                        I'm Karan Singh, Ex employee of karvy stock Broking limited, I did not receive my full and final settlement since one and half year...it was supposed to credit on June 2020.

                        Employee Code :70958

                        Please resolve the issue
                        +1 photos
                        Karvy customer support has been notified about the posted complaint.
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                          M
                          Manisv
                          from varanasi, Uttar Pradesh
                          Dec 6, 2021
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                          Please provide my salary not yet recieved.
                          Karvy customer support has been notified about the posted complaint.
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                            D
                            Dey Ashim
                            from Kolkata, West Bengal
                            Dec 5, 2021
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                            Karvy have a consultancy provider name are FORED they not clear salary of there salary from March 2021 .please look into this matter on urgent basis. My Karvy employ code is 309441
                            My Name Is Ashim dey.
                            Karvy customer support has been notified about the posted complaint.
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                              M
                              Magadi
                              from Mumbai, Maharashtra
                              Dec 1, 2021
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                              NOT SENDING THE REPORTS AS REQUESTED IN OUR MAIL. INSTEAD THEY ARE DIRECTING US TO REACH THEIR BACK OFFICE WHICH IS NOT WORKING:

                              Subject: Requests for transaction details of stocks bought through Karvy- DP id -IN300394 and IN 301926Ticket ID -9DBC1D2F-F52F-4795-9D57-FCC7165BCAC8
                              From: [protected]@yahoo.co.in

                              Sent: [protected]:06:43.47
                              To:
                              [protected]@karvy.com
                              Cc:
                              gayathri.[protected]@karvy.com
                              Attachments:

                              Dear Sirs

                              To enable the review of LT tax liability, I need to have complete transaction details from start to the date of transfer of account for these DP ids.
                              Request you to do the needful and revert.

                              Thanks in advance
                              Best Regards
                              Nagabooshanam
                              Sudha Bhushan

                              Request your help to get the information directly as requested in our mail

                              Thanks in advance
                              Karvy customer support has been notified about the posted complaint.
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                                M
                                Manisv
                                from varanasi, Uttar Pradesh
                                Nov 25, 2021
                                Resolved
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                                Resolved

                                Please provide my salary emp code 63881
                                Nov 27, 2021
                                Complaint marked as Resolved 
                                Contact no. my 9305565950 email id - [email protected]
                                Karvy customer support has been notified about the posted complaint.
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                                  P
                                  Pallavichavan
                                  from Mumbai, Maharashtra
                                  Nov 22, 2021
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                                  Dear Sir,

                                  I am Pallavi having Franchise code in Karvy Broking S0286..my PAN NUMBER IS AHUPC7424M

                                  Please refund my deposit amount.

                                  I have sent several emails on various Karvy emails..but I haven't received any reply.

                                  Hope this time I will get some reply.

                                  Regards,

                                  Pallavi Chavan
                                  [protected]
                                  [protected]
                                  Karvy customer support has been notified about the posted complaint.
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                                    R
                                    RAJAT KANTI ADHIKARI
                                    Nov 18, 2021
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                                    It is showing that, "Your request 0000/00806/63883 has been rejected due to: invalid documents, junk data in the request." Please resolve my problem and me the actual solution.
                                    Karvy customer support has been notified about the posted complaint.
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                                      M
                                      Mohammadjuber Farediwala
                                      Nov 11, 2021
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                                      Address: Karvy Millennium Plot No 31 & 32 | Financial District Nanakramguda Gachibowli, Hyderabad – 500 032. Telangana, India. +91-40-67162222/ 33211000
                                      Website: www.karvy.com

                                      Dear sir,

                                      I am working as a commodity dealer with Karvy Comtrade in the Hyderabad location for the past 10 months (March to December). I have always been performing my duties with sincerity and dedication and have been commended for the same on numerous occasions.

                                      I would like to bring it to your notice that the salary for the months of November is still pending or has not yet been credited to me. And pending leaves are still pending. I got the final settlement mail about any correction you want to do. Being a salaried employee, my complete expenses are met by this monthly salary, delay in payment of which hampers my other payment schedules. I would request if you could please look into the Matter and get my salary credited to my account at the earliest.

                                      Employee ID: 1048334
                                      Date of joining: 25 March 2019
                                      Date of leaving: 17 December 2019
                                      Designation: Executive trainee

                                      Thanks & regards
                                      Mohammadjuber Farediwala
                                      (+91 [protected])
                                      Karvy customer support has been notified about the posted complaint.
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