Karvy Complaints & Reviews

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...

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...

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,...

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...

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...

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....

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....

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...

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...

With reference to the earlier complaint dated 08-may-2016 regarding non-payment of the redemption money for folio no. Idc 0264168 (Idfc ltd infra bond tranche 3) i am still waiting to get it resolved from karvy.

Even after the reply from karvy on 09-may-2016 (After the redemption cheque dt 23.03.2016 bounced) that it would be credited to my account through neft within 6 days but, still it has not been done. Are you taking this...

My mother bought two l&t infrastructure bonds via karvy in one in mar 2011 and another in dec 2011 worth rs 20000 each. Unfortunately, we did not receive the hard copies of the bonds due to some postal issues. Now when we visited the karvy office, the guy there asked for a cheque of rs 10650 citing 650 as processing charges while rs 10000 wll be refunded back later. When i tried to call karvy customer care to enquire on how to get the bonds...

Dear Sir/Madam,

My ID. 2515801 already raised a complaint at https://www.consumercomplaints.in for trading my account without my permission (Attached for reference). Your executive Krushna Kanth came and told that he will buy my lost shares and see your portfolio within one week. i asked how you will buy he told that he will take my permission and trade with that gain amount he will buy my lost shares is it right way to do...

It is disheartening to hear from the karvy staff (Corporate registry) such a misleading and contradictory information in respect of reverting to me buy back amount of power finance corporation infrastructure bonds 2010-11 – tranche i series (My folio no. 0234812).
After sending reminders through g mail and by post on 27.04.2016, the corporate registry sent a mail on 30.04.2016 quoting reference no. Cbh/stat/pfcb/70559/7519403 that...

My father’s (aged 75+) hard earned money was fraudulently taken by Karvy Lucknow. He had 4, 500 shares of HLL. All of it were sold off without the knowledge of my father. I was in Mumbai and whenever I used to come, I used to ask his servicing consultant; it was told to me in 2015 that about 1, 400 shares were sold. It was a week back, May 2016, that we got to know that all 4, 500 shares were stealthily sold by Feb 2014 and the information...

Dear, Sir/Madam,

I have bought the IIFCL bond on 28/3/2011, the details of the bond are :
Series:1
Registered Folio No. IFA0006591
Name of Bondholder: J Arivazhagan
Certificate No. 6591
No. of Bonds: 20
Distinctive Nos. [protected]-[protected]
which is having the buyback date on 29/3/2016.

I received a post from IIFCL regarding buyback and i called Karvy they...

Dear sir
I have idbi infra bond purchased in 2011 and handover the original bond along with cancelled cheque to mr. Bose auslin at idfc bank, residency road, bangalore on 8th march 2016. My polio id is idc 0234652 he told me the amount will be credited my icici bank account on 31st march 2016, then i have recived e-mail from einward. [protected]@karvy.com saying that due to more holiday and year ending the amount will credit on or before 7th...

SIR,
In my profile name is right(GURMEL SINGH SAINI) but in online application
from my name appears (GURMEC SINGH SAINI) which is wrong, so plz. correct it.In 2013 i have given a application for name change at jalandhar Karvy Office they have confirm me that your name is change but only name is change in profile, so plz. look in the matter

GURMEL SINGH SAINI
CLIENT CODE 197037
DP A/C : IN[protected]...

Above mentioned bonds were submitted at karvy kolkata office at 49, jatin das road, kolkata 700029 on 23.09.2015 for payment.

After repeated persuasion a cheque no. 021053 dt. 23.03.2016 was issued by idfc bank on and received by me on 12.04.2016 for rs. 29, 740/-.

Cheque has been returned by my bank uco bank, tollygunge, kolkata 700040 on 18.04.2016 stating observation as 'not participating in the system'. It...