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Karvy Complaints & Reviews

3.7
Updated: Jan 2, 2026
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Karvy reviews & complaints page 6

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S
sksril2021
Aug 31, 2021
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No response from Karvy on the 100 shares of RIL Certificate that I submitted in Oct 2019 for dematerialisation.

Have been following up with Karvy to return my RIL share certificate to get it dematerialised through another stock broker but no response. I don't know who to contact for this issue nor have any email address to which I can escalate my complain.

My details are as follows:
Client ID : 21346407
Karvy customer support has been notified about the posted complaint.
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    Deepika Kiran
    Aug 23, 2021
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    My client id :3331551
    Name: Deepika Shekar

    My half of the shares is not transferred to another demat account which i have opened in Motilal Oswal as per karvy employee advise. now they are saying its in pool account and ill get it. but till now my almost 3.5 lakhs share is not transffered and now karvy employee or company is not responding. Please help
    Karvy customer support has been notified about the posted complaint.
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      H
      Harbans Singh Mavi
      Aug 20, 2021
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      Address: Karvy House, 46 Avenue, Street No 1, Banjara Hills, Hyderabad - 500034, Near Bustop (Map)Stock Brokers , Karvy Stock Broking
      Website: karvy.com

      My share holding is as per attached / uploaded ( Annexure I).
      Two of my shares viz. Reliance Industries Ltd and HCl Technogies Ltd are not transfferd by the firm M/S Karvy Stock Broking Ltd.
      +2 photos
      Karvy customer support has been notified about the posted complaint.
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        J
        JobyDavid
        Aug 17, 2021
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        Address: Karvy Stock Broking Ltd
        Website: Karvy Stock Broking Ltd

        I have a Demat and trading account with Karvy Stock Broking. My DP Client ID is IN[protected]. I got my shares transfered to IIFL but there all shares were not got transfered. Karvy still has my Following shares with them in Karvy Pool Account. Titan Industries - 30 Shares; The Tinplate Company - 30 shares ; Mahindra & Mahindra - 12 Shares.

        I want the transfer of these pending shares in my IIFL Account ASAP

        From

        Joby David
        [protected]
        Karvy customer support has been notified about the posted complaint.
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          S
          sarabdeep_singh
          Aug 16, 2021
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          Address: Nanakramguda, Gachibowli, hyderabad.
          Website: www.karvyonline.com

          My salary is pending my pf is pending for one year, and now m not able to withdraw some pf which they credited when company was working.
          Karvy customer support has been notified about the posted complaint.
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            H
            hasnah
            Aug 14, 2021
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            Address: ahmedabad

            Please Release my fund
            -Glenmark Life science IPO
            -Non ASBA Application No. MB[protected]
            -DP ID:[protected]
            -CDSL
            Kindly intimate Bank to unblock the blocked amount
            Karvy customer support has been notified about the posted complaint.
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              S
              Shivam229
              Aug 12, 2021
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              Folio no: fddb 0444646
              Name of bond holder: Shivangj Arora
              Face value: 2 lakh Rs.

              We bought this bond on 1996.
              I want encash the amount now and i tried customer care, they redirected to so many direction but nothing would help me.I also visited the Karvy office but they are also Redirecting .Also tried sending email to karvy mail id. But no proper response on this too.

              Please help me to encash amount.
              Karvy customer support has been notified about the posted complaint.
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                P
                patties
                Aug 12, 2021
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                Pool account shares not transferred

                I had a demat account vide DPID: IN300394 / Client ID: 19202899 in the name of SUMAN AGARWAL. I had 100 shares of CASTROL iNDIA LIMITED (ISIN: INE172A01027) and 23 share of ICICI BANK LIMITED (ISIN: INE090A01021) which where in the POOL account of KARVY under type BEN. I have yet not received the above mentioned shares in my NEW Demat account with ABML.

                Request you kindly to transfer the same to my ABML account alngwith the...
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                T
                Thanusha Doniparthi
                Aug 12, 2021
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                Address: Madhapur branch stock broking

                Hi sir...

                I am thanusha. Worked as an employee at karvy from the period November 12 /2018 to March 5/2020..bearing with employee id 1033517..i worked for Punjab national Bank process, madhapur branch.. Our manager was mahesh mandal... As process was ramp down so as I got opportunity in another organization thus PNB process accepted my spot release... Requesting you to help me out with the relieving letter on priority basis as I need to submit to my superior.
                Karvy customer support has been notified about the posted complaint.
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                  R
                  ramgeeth
                  Aug 10, 2021
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                  ) Registered Folio IDE0046477 Annual Interest not received.
                  2) Change of communication address BANK DETAIL ETC SENT IN EMAIL ADDRESS OF KARVY IS BOUNCED.
                  3) i HAVE 4 BONDS WHICH WILL BE DUE FOR REDEMPTION AND PAYMENT IN 2022.

                  HOW TO UPDATE THE CHANGE OF ADDRESS AND BANK ACCOUNT DETAILS FOR PAYMENT.

                  MY COMMUNICATION ADDRESS: R. RAVI SRINIVAS
                  D 3 204 PROVIDENT WEL
                  WORTHCITY
                  DODDABALLPUR ROAD
                  BANGALORE 562163

                  E MAL ID: [protected]@gmail.com
                  Please advise thro mail to whom should i contact.
                  Karvy customer support has been notified about the posted complaint.
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                    E
                    Ezaz Shaik
                    Aug 9, 2021
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                    I have submitted a transfer request for my holdings to ICICI Direct only two stocks got transferred now after long struggle able to transfer few more to IIFL but still one stock (Granules ltd) is missing
                    KarvyId- KM1000599
                    Karvy customer support has been notified about the posted complaint.
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                      S
                      shubham_mg
                      Aug 7, 2021
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                      Dear Sir,
                      I have above 100 Nos. Shares of Jindal Vijayanagar STEEL Ltd, I have purchased these shares on dated[protected]. Now I want to sell these shares. Since the company has changed name. We had not get a new share so Kindly Please issue a new certificate.

                      Following are the detail :
                      DATE[protected]
                      Name of holders:- DINESH PRASAD
                      SHYAM LATA DEVI
                      UMA SHANKAR SAHU
                      Certificate no:- 3092609
                      Regd Folio No. JVS0284892
                      Distinctive No. [protected]-[protected]
                      Karvy customer support has been notified about the posted complaint.
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                        A
                        anil suxena
                        Aug 6, 2021
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                        Address: 28, Sector 13 A , AVAS VIKAS COLONY,, SIKANDRA, AGRA-

                        My request with KARVY to close my Demat account -IN[protected] and trading account 2062791 and transfer my holding to my DP IN,[protected] with SCHIL in my same name - Pragya Saxena had been declined on 13th Oct, 2020.
                        I have also complained to SEBI and scores but they advised me to contact to karvy only.
                        No solution and no redressal.
                        Pl take the matter and advise me accordingly.
                        Pragya Saxena
                        [protected]
                        Karvy customer support has been notified about the posted complaint.
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                          A
                          adabala ramesh
                          Aug 1, 2021
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                          Address: Hyderabad

                          Two of the scripts from KARVY hasn't been transferred to IIFL or AXIS-DIRECT. Those two were in KARVY trading account. Whatever are there in DEMAT account, I have got them transferred to ZERODHA account. I have attached file about the two scripts which I'm not find anywhere in any of the DEMAT account.

                          2092430 INE530B01024 IIFL FINANCE LIMITED 4
                          2092430 INE148I01020 INDIABULLS HSG FIN LTD 20
                          +1 photos
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                            V
                            Vibhor Sahu
                            Jul 31, 2021
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                            Address: Hyderabad, India

                            Hi,

                            My father is holding a IDBI Deep Discount Bond, 1997 having below details:

                            Folio No. FDD138724
                            Holders Name: Sadan Lal Sahu
                            Date of Issue of Bond: January 31, 1997

                            I tried reaching out to Karvy, however no response was provided. Let me know the process to redeem it.

                            You can reach out to me on below details
                            Vibhor Sahu
                            +91-[protected]
                            Email: [protected]@gmail.com
                            Karvy customer support has been notified about the posted complaint.
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                              M
                              from Mumbai, Maharashtra
                              Jul 31, 2021
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                              Hi,

                              I am Pallavi Chavan and my Franchise code is S286. I have sent email regarding refund of my security deposit amount but I haven't received any reply..

                              Please do the needful at the earliest.

                              Pallavi Chavan
                              [protected]
                              Karvy customer support has been notified about the posted complaint.
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                                Address: Karvy Mumbai
                                Website: www.karvyonline.com

                                Tata steel shares 50 qty purchased through Karvy were held in pool & never transferred to my account with Client Code: 4293244,
                                DP:[protected].
                                Since Karvy has been barred by SEBI, how do I get the shares transferred to other demat account?...
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                                A
                                Aayu 369
                                Jul 22, 2021
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                                Im Ayushi Upadhyay, ex employee of karvy stock broking ltd (Hyderabad head office) Employee id: 1019581.
                                My full and final settlement is due with karvy for more than one year now. They sent the mail but never sent the amount.
                                Please resolve the issue.
                                +1 photos
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                                  D
                                  Dr Anjali
                                  Jul 14, 2021
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                                  Address: khalini,shimla,hp

                                  It is submitted that I Dr. Anjali Chauhan went to confirm about the procedure to withdraw the matured IDFC bond that I had invested through my dmat opened by karvy.
                                  the staff at karvy office, khalini, shimla, HP, mr naresh thakur, that is the name I overheard, as he did not tell his name to me misbehaved.
                                  he did not help me in any form, and said that I have no idea about this with drawl. when I requested to consult him with his seniors he gave me the number of a staff of karvy office, UP, [protected] and asked me to call infront of him. The man who picked the phone was given all the details of my bond and he said that I have checked, the money has been transffered in your SBI account in April this year.
                                  I checked and there was no transfer. I informed Naresh about this he said, madam forget about it. I have no idea . you call him again. in the mean time the staff at up had spoken to naresh. when i called tyhe up staff agein he screamed and said why are you disturbing me madam? it is the job of naresh to explain.
                                  the talk was done on speaker. when naresh was asked to explain, he started screaming and said I have so much work o do and I am not here to look into your matter.

                                  To my best decision I left the place.

                                  this is an unfortunate experience and it seemed as if karvy is not interested in returning the amount of the customer. Please ensure that such employees are not put in public dealing by your company.
                                  a man who can behave like this with a lady and a gazzetted doctor can be very offensive to anyone.

                                  a reputed company like you should take action please.
                                  Karvy customer support has been notified about the posted complaint.
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                                    D
                                    dr. anjali chauhan
                                    Jul 14, 2021
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                                    Address: Khalini,Shimla,HP,india

                                    It is submitted that I Dr. Anjali Chauhan went to confirm about the procedure to withdraw the matured IDFC bond that I had invested through my dmat opened by karvy.
                                    the staff at karvy office, khalini, shimla, HP, mr naresh thakur, that is the name I overheard, as he did not tell his name to me misbehaved.
                                    he did not help me in any form, and said that I have no idea about this with drawl. when I requested to consult him with his seniors he gave me the number of a staff of karvy office, UP, [protected] and asked me to call infront of him. The man who picked the phone was given all the details of my bond and he said that I have checked, the money has been transffered in your SBI account in April this year.
                                    I checked and there was no transfer. I informed Naresh about this he said, madam forget about it. I have no idea . you call him again. in the mean time the staff at up had spoken to naresh. when i called tyhe up staff agein he screamed and said why are you disturbing me madam? it is the job of naresh to explain.
                                    the talk was done on speaker. when naresh was asked to explain, he started screaming and said I have so much work o do and I am not here tpo look into your matter.

                                    To my best decision I left the place.

                                    this is an unfortunate experience and it seemed as if karvy is not interested in returning the amount of the customer. Please ensure that such employees are not put in public dealing by your company.
                                    a man who can behave like this with a lady and a gazzetted doctor can be very offensive to anyone.

                                    a reputed company like you should take action please.
                                    Karvy customer support has been notified about the posted complaint.
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