Karvy Complaints & Reviews

Dear Sir,

I tried calling Karvy Computer share many times, but they just keep passing and no one helped me with the required details. My mother brought Deep Discount Bond in 1992 (as per below details), now I want to incash it, but I am not receiving any information on the same from Karvy team. Please help on priority.

Bond Nanem : Deep Discount Bond (Series I, 1992)
Folio Number : DD00974426
Purchase value : INR 2700/-
No. o[censored]nits purchased (Distinctive No.[protected] to[protected] nos.
Unit holder name : UMA SABOO

Respected Sir/Madam
Few Days ago I complain that Karvy Staff appointed in Mughalsarai Branch is engage in Overcharging on PAN application. For this she not accept direct form from applicant. She accept those form by shop owners or some office staff like peon and other persons and for this she charge Rs. 120/.- to 130/- per form. So please I request you to verify this and punish her. Because this is totally illegal. Because of this many people are disappointing from Karvy. After my complain they ignoring more to customers. They not accepting PAN form from customers more than 2 forms or total 300 per day. but actually they accept only 100 to 150 form. After this their overcharging is continued as it was. Please Sir/Madam do something to stop Overcharging, otherwise your reputation will damaged. All the staff of Karvy Mughalsarai Branch & Some outsiders are engaged in this illegal Overcharging. Please do something. Because of this old and poor persons are fainted.

Karvy No. 94, Mahatma Gandhi Marg, Hazratganj, Machine are not working before two months i am going many times but the reply is same machine kharab hai, itna time lagta hai machine repay hone me .kitni gathiya service hai karvy ki. Me ek bar gaya bola monday ana then monday ko gaya bola 26 January baad aana 26 jan baad gaya fir bola February me aana feb gaya fir bhi khara ab aaj gaya to bol rahe hai holi baad repair hogi .
Ek machine repair hone me kitna waqt lageg
What the hell..

I have received interest by way of cheque for IRFC tax free bonds in 2015.. The cheque was delivered to me after 1 month delay... Why I am not getting it credited in my account directlydespite giving my account no., IFSC code, MICR code while filling the form at the time of investment... I invested the money in HUDCO and NABARD.. I have not received the interest for these tax free bonds also. My DPID is IN 300476 and cliend ID is 42770512.

Respected Sir/Madam
Your Staff appointed in Mughalsarai Branch is engage in Overcharging on PAN application. For this she not accept direct form from applicant. She accept those form by shopowners or some office staff like peon and other persons and for this she charge Rs. 120/.- to 130/- per form. So please I request you to verify this and punish her. Because this is totally illegal. Because of this many people are disappointing from Karvy.

Dear sir, I went karvy office in Aligarh up today to submit my pan correction application form at 12:00 PM. But they miss behaviour with me and rejected my application form. Mr. Suresh Gupta (employee in karvy office) said to me come tomorrow at 10 am then we will take your application, we took the PaN form who come at 10 am and wait in the que. They accepted the applications of brokers but rejected me and others who come there.

Deepak
Call01.[protected]@gmail.com

To the appropriate authority, for my folio number PTB0013240 infrastructure bond, the company has been withhelding interest for last two financial years. I have neither received any cheque nor the NEFT/ECS mandate i had requested.. i have had so many calls each call holding upto 30 mins at least, however no solution yet.

Please take appropriate action

I applied for PAN card on[protected] as per Ack no.[protected], Still status is "Your application is under process at TIN Facilitation Center. Kindly call[protected] for further processing of your application." If we try to contact this number no response . Please provide solution to solve this issue. As per the commitment from Karvy office it will issue within 14 days

Friends around two weeks ago I was suffering from poor service from Karvy.but may be after raising my concern on this and other consumer complain forums these people took quick action and dematerialised my ultratech stocks in no time.

But friends now I am again forced to belive that what they did last time was only a kind of show off and not a regular practice. Had it not been the case my 2nd dematerialisation request for LnT shares would not have delayed.

Pls check the tracking details at dtdc courier with tracking no M45441560.the parcel containing docs was delivered on 3rd Feb.but even today, the 9th day the parcel receival details are not updated in their system!

Just to update an inward entry in to the system these poor hopeless guys need 10+ days time!!!

Dont know what to say more!!!

Hi, I was informed of some buying and selling of stock, and I gave permission over phone to one Karvy representative. But he has left a pay deficit and not adjusted the balance. The deficit was not informed to me. I got the news of liquidation nearly a week later. Kindly take action to ensure liquidation does not happen, and proper information about buying and selling is provided for authorisation.

Dear Sir,

Ref : Folio No : SBBNAC719116
Old Folio No : 1932196
ARN-0018 - Karvy Stock Broking Limited - Sub Broker code- 67300 EUIN
Sub : Saving Bank Account No found to be wrong in Account Statement .

I invested in Energy opportunities Fund - Regular growth with a folio no : 1932196 and held 2491.2 units during Jan 2008 and it was later on merged during April 2014 in Sundaram Infrastructure Advantage fund regular growth against the folio no SBBNAC719116 .
The latest available units as per Account statement is 1045.787.

01. Now i found out the Saving Bank Account No mentioned in Account Statement to be wrong as ******4365, State Bank of India, Kudathini, Bellary.
During that period i was working at BHEL site office ( A govt of india undertaking ), Kudatrhini, Bellary and the correct Savings bank account no is :
[protected] with IFSC code : 3661.
02. Then i was transferred to BHEL Site office, Raichur where i maintained the same Bellary SB accout.
03. Later on i was transferred to BHEL site office, Sterlite Tuticorin and the same account no: [protected] was transferred to SPIC Nagar ( Tuticorin ) Muthaiapuram with IFSC code : 3143
04. Finally i was transferred to BHEL, Trichy, 620014 and the same account no:[protected] was transferred to Heavy Electricals, Kailasapuran,
with IFSC code : 1363. Till date i am serving in BHEL Trichy and continue to have the same Savings bank account No in SBI.

### I have attached herewith the Latest account statement of folio no : SBBNAC719116 and all the scanned copies of savings pass book of the above said SBI Savings Account no : [protected] .

Kindly do the needful by incorporating the correct Savings account no: [protected] and the IFSC code.
Kindly change the address and I am also attaching my Adhar Card copy for address proof and ID proof.
Please do the needful.

Regards
S.Ramesh ghandhi,
Senior Manager,
BHEL, TRICHY - 620014
Mobile :[protected]

My Karvy DPID is IN300394 and client ID is15074805 and I would like to bring to your kind notice that I have lodged a complaint in Karvy Pondicherry on 20.09.2016 regarding correction of wrongly allotted tenure in the Nabard and IRFC tax free bonds taken through Karvy computer share. I have applied for a tenure period of ten years and it has been allotted wrongly for fifteen years. The person incharge in Karvy said that they have forwarded my complaint letters to the concerned authorities, in the month of September 2016.
Along with that I have personally mailed the complaints to the grievance officers in Nabard and IRFC on 13.10.2016, for which I got a reply that it is a mistake that happened during bidding and I have to contact the agents through whom I have submitted the cheques.
So I have been contacting the Incharge of Karvy computershare Pondicherry, for the past three months and they are not giving any responsible answer from their side and keep dragging the issue. I have copy of the letter submitted, the mails sent and the replies, but I could not find any provision to attach them here.
Kindly look into the matter at the earliest as it is already too late for the resolution.

Hi

I have invested in reliance infrastructure bond in 2009 and paid via cheque number 970273 through karvy
I did not get any bonds from the Karvy and I could not be able to contact the persons in Karvy
Request you to Please provide the right information and status of my purchase

Cheque number 970273
Please provide details of payment and bond Information
It's urgent

Regards
Raghavendra
[protected]

Revered sir
With due apology and respect i have send the documentation as per buy back option of IDFC LONG TERM BOND having folio no IDE0046836 on SPEED POST SERVICE 25.01.2017 and recipient addressed KARVY SELENIUM TOWER B PLOT NO 31 & 32 HYDERABAD 500032, it is an benign appeal to you please take an early nec. action to updated the status so that i would like to ensure for further processing, Thanks with personal regards

I have asked Karvy to close my demat account. The latest request was submitted on 3rd Jan 2017 and this has been going on for some time.
Karvy has not taken any action nor has advised when the account will be closed. This is NOT an isolated incident because through all channels Karvy is exceptionally difficult to work with.

the Client ID of the account that I wished to be closed is 10294197. I wish the account to be closed and the shares transferred as per the form submitted.

I don't have a copy readily available of the request but can provide if needed. Please help me illicit some response from Karvy.

Hi, I am following up with karvy since 5th Jan'17 (that is when they received by first set of documents for redemption) but till date they are keep on saying that they have not received original bond certificate. The Bond Certificate was indeed received by them on 20th Jan(by some Mr.AV Reddy, Bluedart Way Bill#[protected]. I have written no less than 20 emails and would have called them 100's of times.

I am highly frustrated, please help me get my redemption done.

Infra Bond: PTC Infra
Folio# PTA0202011

Regards
Mayank Joshi
Mb:+91-[protected]

Friends I mailed my dematerialisation request form to these guys for dematting my Ultratech Shares.I am in urgent need of money so was expecting a faster processing from their end, but these hopeless poor guys have not even confirmed the receival of the docs even after 10 days of delivery!

Hopeless nonesense.sabhi nalayk baithe Karvy me aesa lagta mujhe to.
Friends I am giving my parcel tracking no and DTDC courier url beloe

M45250552
http://www.dtdc.in/tracking/shipment-tracking.asp

Would never ever suggest a service from these hopeless nonsenses

Respected sir i have given written letter to Mumbai office and also informed this before my mom and dad had shares of GATI LTD SHARES
Folio Number GCL008329 we have not received this shares and as my father expired on[protected] and there is no help from Karvy computer shares PVT Ltd and same for my TCI shares and there Folio Number 00008468 and i have given written complain on Jan 12-2017 and called several times to there office and no one has helped for the same i have to take care of my old mom as she is not well and has to work so its very hectic to perform everything so please help for the same my number is [protected] Jayesh Dinesh Sharma

Folio no INA0011924
Certificate number 14056
Distinctive nos [protected] to [protected]
Redemption amount not received
My email id is [protected]@yahoo.co.in
Certificate and other requirements sent in September 2016
Redemption amount not received till date
Please inform the date by which the buyback amount will be sent to bank
No.of bonds : 4 only

I am having client id 21150639. It was opened in 2004. I want to sell all my holdings there in the account. Every time when I am going there your staff is coming up with something new. I am trying this for past 1 month. Shortly I have to go back since I am in vacation here. This issue is unresolved since past 3 years. Today the behaviour of your staff Mr. Sameer was pathetic. I am in correspondence with your gomti nagar Lucknow branch. Plz help. My contact no. [protected]/ [protected]
Garima Bhargava