Karvy Complaints & Reviews

I had called on behalf of my mom who is a senior citizen to check about the folio details held in physical form. My dad expired in Dec 2015 and we do not have the complete list. The person who attended the call was rude and refused to give details saying that I am having too many folios.If your Ril investor number is not meant for providing information to customers please delete the number from the site moreover he insisted that I send letter...

After opening my online trading account, though i have i subscribed for trading in Equities, Derivatives, MF, IPO etc,

1. First attempt, unable to invest in MF and for the service request was asked to
visit the branch.

2. IPO Online - Unable to place orders and been asked to visit the branch.

For every technical glitch of Karvy, i did not understand why the customer should visit their...

Dear Sir, Above said company sent me a "Stale" bank instrument on behalf of her client IDFC Infrastructure Bond of IDFC Limited which caused me financial losses of loosing bank interest and also a penalty charge Rs 114/- on me by my bank RBS NA Delhi for submitting a stale cheque. Karvy claims to have sent me a Registered postal tracking ID RX[protected]IN in month of Mar, 2016 where as undersigned received it only by an ordinary post in...

On 30/01/2008 an amount Rs1000/- was deposited at Karvy, Jorhat Branch for Mutual Fund investment at Reliance Diversified Power Sector Fund (Growth scheme). At that time, third party chaque was accepted by Fund House. Against my amount, a chaque was issued (Chaque No 739267 which belongs to Mr. Utpal Changmai, A/C No 114642 of UCO Bank, A. T. Road, Jorhat) amount Rs10000/- to purchase that particular fund. An account statement dated 31/01/2008...

Hi Team, I made a fund transfer of INR 20000 in my karvy account on 17th November which is still not credited in my ledger account and despite my multiple mails to '[protected]@karvy.com' and '[protected]@karvy.com' no one is responding to solve the issue. For my second point on, delayed payment charges, Karvy is charging me for T+2 delayed payment charges without any intimation or consent from me on any such agreement. Till date, I haven’t...

I bought 20 shares of a company through KSBL..Though i sent a cheque on the day of transaction, the Courier was delivered on the EIGHTH day. When the cheque was received by them, i was informed that they shall not present the cheque to my bank, as ECS mandate has been given to another bank, at the time of opening the Demat account 10 years ago. Immediately, i withdrew the amount from my bank and deposited at INDIAN BANK as ECS mandate...

Hi, without intimation, my gold has been auctioned which was pledge for low amount. The staff is not responding answer properly for me. I need to withdraw the Gold or need a cashback....

Respected Sir , I have applied for shares of petronet LNG in 2005 in new issue Company had sent me partial refund, for the balance amount they allotted me 200 shares but not sent in my Demat Account till today. I have got all the mails in which they agreed the allotment of shares....

It's been 50 days I applied for PAN CARD through Karvy Consultants, Banjara Hills, Hyderabad. PAN ack. no. [protected], Kalyan Gurramkonda. The PAN card is still not received.We are in urgent need of the PAN card. So please send it immediately....

I have made several request to KARVY to transfer stocks from POOL/TRADING account to my DEMAT account as and when I clear dues to DP. I have also made several request to activate AUTO transfer fro this purpose but It became shouting before a person who pretends as dumb. It is unknown why KARVY si holding stocks in POOL account and its intentions ?....

CLIENT ID 18038858

My Name is Aarti Agrawal,
I applied to open the account in KARVY STOCK BROKING in 2009 almost. but due to some personal reason I applied them not to open the account and return back the my documents but their said ok mam not an issue we not opening ur account. after almost 6 year i come to know that their opened the account in my name and even not informed me for that so that i applied for closure....

I hold 400 Shares of IPCL in my Demat Account With ICICIDIRECT and have found
that it was merged with Reliance Industries in 2007, Recenty I came to know with
regard to the merger. Kindly Advice how get the share as the swap Ratio was 1:5.

Thanks
Yusuf...

Dear Sir/Madam, My father expired last year on 23.08.2014, and had nominated my mother as nominee, on 21.11.2014, my mother opened new demat account & had submitted all the relevant documents including my father's original death certificate. I was following up till date (06/10/2015), nobody answered about the status, but surprising I received another email asking to resubmit the documents. Branch office were rude & didn't provide any status,...

Dear Team, I have made my aadhar card from Karvy Sadar Bazaar branch, Muzaffarnagar. I visited same branch for correction of my mobile number and date of birth but karvy official asked me to pay Rs 50 for details updation. When I asked for charges receipt he said no receipt will be given for this. I complaint the issue to branch manager Mr Ashutosh Sharma but he also said that you have to pay the amount and no receipt will be given for...

Hi this is punith, i raised a complaint against the company karvy computershare pvt ltd from two weeks back that they have not paid the salary and after that i got mail from hr dept that i was absconding this that and all but when i sent the proof of my resignation screenshot which i have resigned on week before itself, they asked me to come to the office to talk regarding this and they give me 10 days of time it will sought it out but...

After raising the complaint in consumer website i got a mail from karvy hr manager pradeepta sahoo in hyderabad, before checking my status he was telling that i was absonding, after when i sent some documets he realised that i gave a intimation to the managers and i applied for the resignation and they have not approved and i waited till 4 to 5 days and still they dint approve and also my salary was not paid like this the conversation went...

I have been forwarding mails / calling since last 20 days about getting the status of my physical shares and for the status of my folio no. No response from Karvy Computershare. Worst consumer services I have ever seen.nobody is responding on call they keep mi on hold... pls help mi out...

Client id[protected] Trading a/c -462879 I had ref a/c which is lying inoperable single as i haven't done any trading . I req for closure and submitted closure form at ur Gwalior off on 22nd july 2015. After repeated requests my a/c is not closed and I'm not getting my refund of amt deposited...

Karvy client id is 404853 I m holding an account in karvy.but the brokerage charge has been increased suddenly .when i saw brokerage charges iam shocked previously my brokerage charge of delivery is 0.28p but now it has raised to 4 RUPEES and it has no fixed rate for the buying of share.please look into the matter and same as in intraday.i have losses too much in shares as well as by your brokerage.kindly decrease your brokerage rate or else...

My name is punith kumar mk and i was working in karvy computer share ltd as a team leader, and because of some personal problems i was planning to leave the company and i also informed to the hr and reporting manager also, and applied the resignation form in hr portal and they asked me to wait for one week for approval but it never came and after that my salary also made hold they did not pay because they asked me serve for two months notice...