Karvy Complaints & Reviews

I shruti mithal residing at meerut (U. P) am a long term investor, i had a demat and trading account with you, trading a/c no.3661347. A new manager mr. Chauhan has been appointed by you for this branch is doing unethical practice for sake of his own motive. As earlier, i mentioned i never opt for any option trading but with the help of mr. Ramakant an another employee of yours, they traped, misguide, betrayed me and owing to that i had a loss of about rs.30, 000/- in the month of april 2016, thru option trading.
The purpose of this complaint is plz check it carefully as it effects the goodwill of the company. As i also switch my account from your co. To stock holding owing to wrong practice of your employees. Kindly let me know, is there any possibility to recover my loss.

To,
Karvy finance ltd.


Dear sir/madam,

Greetings from dr. Arshad sayed,
This mail is regarding complaint that i had purchased 4 idfc infra bonds in 2012 with portfolio no - idf 0131616, but did not get my bonds yet. Could you please do the needful in sending the soft copy of it to my email as well the original bonds to my address below.
I am enclosing the details of my application as an attachment.

Application number 17892974.
Folio no - idf 0131616
Date of purchase: march 2012.


My address.

Dr arshad sayed,
C/o, mr. Tanwir sayed,
Prestige bella vista apartments,
Flat no tower-20-c, door -20019,
Mount poonamallee road,
Kattupakkam, porur, chennai - 600056
Tamilnadu, india.

Mob no - [protected]
[protected]

Thanks a lot for your consideration,
With regards,
Dr arshad sayed.

Idfc long term infrastructure bond certificate – trance-1.
1. please refer folio no ida0442869 in respect of col sanjay kapoor.
2. i had dispatched following documents on 07 oct 2015 to the company :-.
(a) original idfc long term infrastructure bond certificate – trance-1.
(b) consent form for buyback.
3. the due date for payment of rs 28720/- was 13 nov 2015 but the requisite amount has not been received till date.
4. the bank details are as under :-
(a) bank : punjab national bank
(b) acct no : [protected]
(c) ifsc code : punb 0497500
(d) mob no : [protected]
(e) regd email id : [protected]@rediffmail.com
(f) permt address : 3 vinobha bhave marg,
Rest camp
Opp nirankari bhawan
Dehradun - 248001
(g) present address : col sanjay kapoor
Chq
Selection centre east
Cariappa road
New cantt
Allahabad (up)
5. no reply has been recieved inspite of repeated reminders.

Name-surendra
Adress:- 5/6, alankar building, bassetypet, b. v. k iyengar road cross, bangalore-560053.
Folio no-[protected]
Scheme - equity fund dividend pay out
Ph[protected]/[protected]
On 18th we have submitted bank registration detail, at uti financeial service center, m. g road, bangalore[protected]. but they are rejected stating that signature is mimatch on application. sir, this is only for bank account information along wiht application original cheques, pan card xerox and original uti dividend advice, evn they are rejected to asking to come personally. sir, this is a digital india, e-governarce time why your branch insist personally. i can do everything through online

My college start bio-vertication a lot of times fingerprint faillreject.. I am apporach aadhaar centre re-vertifacation for bio-mertric let not updated my aadhaar card & bio-mertric fingerprint let as soon possible updated them...
This is my update request no:-2017/78029/01697 date:23/06/2016 12:14:31
Name: lingala ravi shanker reddy
Aadhaar card no:[protected]
I have update date:23/06/2016
Please as soon possible updated me...

I am ashish maithani. I am purchase ansal fd for chowk branch lucknow rs 25000. Sir, i submited my ansal fdr no.-87864 last year. But sir i recive money. I ask many times in lucknow branch for my money. But they said june . But i am not recive my money. Plesae sir help me . My finacncial condition is not good.
Thank
ashish
[protected]

Dear sir,
I am a senior citizen (67) and one of fitly senior neurologist of india, investing in dsp mutual fund tax saver scheme and required to upgrade/ making a new kyc certificate from karvy. i did report to karvy office in sector 17, chandigarh and i was dealt by mr sujjan bagga.
His behavior was rude, non-courteous and he refused to accept my original adahr card and after making lame excuses and holding me for more than half hour accepted my application.
This is not done; where are we, all at the cost of my waiting patient. we need to be soft, helping and do the right things at least. please look into it and take due action, so that such incidence are not repeated.

Dear sir,

This is with reference to the arn - 45673 of late mr prakash bajaj, i am bhawna menghani, wife of late mr prakash bajaj, who was the mutual fund distributor.

After my husband demise, mrs rani bajaj, (mr prakash’s mother) has become the distributor and i have not been informed about this moreover, she is getting the commission transferred to her account without my knowledge.

I have full right to know, how mrs rani bajaj, has become the distributor without my knowledge and getting commission transferred to her account, as i am one of the legal heirs of late mr prakash bajaj and i have 50% share in all the assets of my late husband.

I may bring it to your notice that a succession case is going on with the honourable supreme court (new delhi) for succession certificate and i would request you to cancel her distributorship. till the judgement no payment should be made to her or transferred, as it is against the law when a case is going on in the court, she cannot get/take any benefits without the court permission/knowledge and on the plea of nomination.

Moreover, i have mailed many times to your customer support department and to ms anita oggu, backened executive for mutual funds brokerage, her email is also mentioned for your reference, anitha. [protected]@karvy.com but she says as she is the nominee we are transferring the commission to her.

Kindly take action on the same and cancel/stop her distributorship/commission

Kindly acknowledge and confirm the cancellation of her (mrs rani bajaj) distributorship.

Looking forward to your prompt action.

Kind regards
Bhawna menghani

Some shares from the DMAT account no. 15656387 trading account no. 340126 have been sold by the broker of your company without my permission after using fake email id and mobile no. in my name the amount of fraud is around 1, 50, 000(approx.) .

I have submitted relevant k. Y. C documents to your yelahanka new town branch, bangalore. It was intimated to me that, my trading account no.584010, is non functional, because of kyc documents.
It is more than one week now, but there is no favourable action at your end. I am deprived of my eligibility to trade, hence, immediate action is necessary from your end.

Dear sir,
The last receipts of my dividends are:
22.02.2012: dd of rs 200/-
22.02.2012: dd of rs 500/-
22.02.2012: dividend of rs 800/-
After this i have not received any dividend against my investment inspite of so many personal as well as formal requests made by me. I have thoroughly checked my account.
Please look into this matter, as an amount of rs 3000/- (Approx) is lying pending against the...

I had on receipt of message from your end submitted my iifcl-bonds folio no.
Ifa0214547 in name of suresh g machmanda for redemption in september 2015. The same was supposed to be paid by 31st mar 2016. But i have still not received the payment for the same till date. I have to inform your kindselves that i was abroad during the period apr-may 2016. I had deposited the relevant document signed to your panjim office.
Kindly look into the matter at the earliest.
Yours sincerely,
Suresh g machmanda
Dt.[protected], panjim

I mailed to "einwards.[protected]@karvy.com" on15th June and 17th June, but no reply from your end till now.
Kindly send email Id where will be taken action promptly.The mail was

"Dear Sir,

With due respect I beg to inform you that earlier I have applied to you to know how to redeem IDBI Deep Discount Bond, 1998 in my name Riya Ghosh (Regd.
Folio No:FDB021870, Certificate No:458988), because the said Bonds had burnt with acknowledgement slip.But recently the said Bonds has been found in a bunch of papers not accompanied with acknowledgement slip. As a result the said Bonds has saved due to kept in the separate place.

Under the circumstances I would like to know how the redemption has been done & inform me. Please because I am need of money immediately.

Thanking you,

Yours faithfully,

RIYA GHOSH

Issued two checques karvy stock broking bearing no.579568, dt.29.01.2016 for rs.50, 000/- for puchase of 200 icici bank shares and second cheque bearing no.579566 for rs.37000/- for purchase of 100 suven farma shares and 100 divan finance shares and asked for delivery of the shares with you view to making sale of those shares at a later date. After that went to my home town kakinada, 15days back i went to karvy stock broking ltd. Plot no.6-b, opp. Community hall, shopping complex, motinahar, hyderabad - 500018. And asked mr. Venkatesh, who is incharge of karvy stock broking ltd. Mothi nagar to sell 200 shares of rs.245.30/-per share and 100shares of suven farma at rs.217/- per share. He told that shares are sold and after one week again i went to karvy stock broking ltd, mothinagar, again and again i asked assistant who is working in that branch office to sell 100share of devan housing shares at rs.197/- she said sales have been sold. And i asked them to give cheque for the amount of shares sold, they are avoiding to give cheque. I understand the amount has been missappropriated by them. Please help recover the amount and credit to my account no.[protected] iob,

I bought one plot in Prudhvi project in Karvy in 2007. They said plot is nearby Rajiv Gandhi international airport. We made full payment (10.45 lakhs) by 2009. After that we constantly reminded them for registration but they kept giving a new excuse of not doing that. I with my lawyer decided to go to Hyderabad and enquired. After that they did the registry but of some other plot of Rs 3.3 lakhs.

Now they claim it is the same plot but it is around 15 km from airport. Also in registry there is no mention of Prudhvi which was in their advertisement. Also there is no development work which they had promised in 2007.

They clearly have cheated with us. We will file a case against them and ask for refund. Karvy realty is a big fraud company. They are doing it openly.

Dear Sir,
My DP Id is IN301557 . My name is Parvati Devi. My account is located at Renukoot. I am very sorry to say that I am very very upset with the way your staff behaves. I have been following up to get my demat boklet issued since March 2016 but it very unprofessional of Karvy staff to say that they are not anyways liable to inform about the status of it. I called up at Karvy Hyderabad also several times but again no information was provided. They always said they would call and inform in sometime but none of the time they responded. Its very sad the way they treat their customers. I have my shares blocked in their account I wish to get my Demat booklet as sson as possible so as to get rid of such pathetic broking company.

Unit : idfc bank limited - infra bond tranche 1 application no: 7582847 folio no: ida0314392

No of bonds : 4 nos. Bye back date : 13th november 2015
Application for by back sent on 10th dec 2015
Document inward no : 125477 complaint no : 1551058
I want to bring your notice that on 12th april rs 20218.00 was credited to my account and rs. 20218.00 was debited on the same day due to signature incomplete. A penalty of rs.171.75 was also debited for the transaction. Bank statement is attached for reference.
Continuous mail communication is going on through einward. [protected]@karvy.com
No result and no same type of reply without any figures and are coming.
Customer care is giving assurance since last two months.
A harassment process is lingering since last two - three months.

Pl refer e mail of [protected]@karvy.com dy. Mgr. Karvy dt. 3rd june, 2016 vide which intimated that redemption amount has been deposited in account number [protected].In this regard this is to inform u that the above account no as mentioned is incorrect. My sb account is [protected], already informed with ifsc code earlier. However, i enquired the matter in sbh power grid branch they have intimated that no amount has been deposited in either account. You r requested to look into d matter n expedite. Regards. Dhawal haribhau dhanvijay, power grid, nagpur.

I have sumbitted kyc updation documents in karvy branch office in thanjavur before 3 months. After 15 days i contacted karvy branch office for kyc updation. Again they asked to submit a kyc fresh for fatca application. I did the same. After one month i contacted the branch office and he replied i sent the documents to head office and they will updated soon. This process goes on for 15 days. One fine morning i argued with the branch office and again he replied to submit a fresh kyc documents. So i again submitted the documents. After one week i contacted the branch and he replied i sent the documents & updated soon. So i contacted karvy customer care via mail. They also replied you please contact branch office and inform to upload the documents. The communication to be done between karvy offices. But the karvy customer care replied me you pl go and contact the branch office to upload the details. I frustrated and conveyed tha same. Then i contacted the branch office he replied as usual. Still my kyc status is still under process for the past 15 days. So i requested all not to transact with karvy for any transactions

I had infrastructure bond of power finance corporation ltd, purchased in 2011. I have sent the original bond certificate, cancelled cheque and application form for buyback to karvy. The consignment was delivered on 11/04/2016 (Consignment no - rv[protected]in)

Details of the bond are as-
Customer name - shweta jaiswal
Registered folio no pfb0200002
No of bonds held - 4
Certificate no - 200002
Distinctive no of bonds held - from 5 to 8.

Its been more than a month now i haven't got any update on my bond redemption, i have tried reaching on several email ids (Einward. [protected]@karvy.com, [protected]@pfcindia.com etc) and other phone numbers provided, but no reply till now. Kindly let me know when can i expect the maturity amount to be credited to my account?