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Karvy Complaints & Reviews

3.7
Updated: Jan 2, 2026
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Karvy reviews & complaints page 9

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D
Dr.Sushil Kumar Bhatia
Mar 18, 2021
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Address: India Glycols located at Noida

Dear sir,

Sent you the following documents to issue the duplicate share certificate in lieu of (the original one totally eaten by moths Deemak bearing Folio no 00133121, certificate no.82686 of 100 shares of India Glycols)) but till this date no issuance of the same---
1.Copy of FIR 2.Affidavit and Indemnity Bond 3. Self attested copy of Pan card 4. cancelled leaf of cheque 5. bank details 6 Address proof.
It is regretted that no needful has been done till now.
You are requested to look into the long pending matter and do the needful ASAP. Thanks
S.K.Bhatia C-169, Sector-26, Noida 201301
Karvy customer support has been notified about the posted complaint.
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    Lillie2011
    Mar 16, 2021
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    Lost share certificate
    Folio no SGL103494

    Provided all documentation as suggested but the file is seen by a new person and nothing gets done .

    Shares are in name of Mrs Bimla Agarwal

    We provided all the documents as asked for but still no luck.
    Karvy customer support has been notified about the posted complaint.
    All documentation including affidavits, police reports etc have been submitted .

    Every time a new person looks at the file and raises a new demand.

    My mother is 95 years old and is living in USA and we are trying to sort out her affairs .

    The house she lived in India has been sold and obviously her address has changed, We do have a solicitor in India where the certificate could be sent . Also the unpaid dividends need to be paid into her Indian Overseas bank account.
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      S
      sachin herkal
      Mar 16, 2021
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      Hi,
      I had invested in 3 SIPs through Karvy. I am not able see 2 SIPs.
      Seeing only one SIP
      I have been trying to get the details with Karvy but the service is pathetic. Replying after 1-2 months.
      If things doesn't resolve here will have to file real case against Karvy.
      Karvy customer support has been notified about the posted complaint.
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        M
        M N Mehta
        Mar 10, 2021
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        IDFC Long Term Infrastructure Bonds -Tranche 2

        I had puchased these bonds on 21 Feb 2011 from NJ I Invest, Borivli.
        At the time of redemption, they directed me to NJ Invest, Andheri who directed me to Karvy- Fort.
        Karvy- Fort have informed me that Demand Draft (DD)will be couriered & no need to physically submit bonds. I also received email communication saying that DD was dispatched by Aviral courier & provided me consignment no. Tracking details of CN no. show that the...
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        S
        Subballa
        from Bengaluru, Karnataka
        Mar 8, 2021
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        Address: 173 Ranka colony, Bannerghatta Road, Bilekahalli

        The following shares purchased through Karvy (Client code:[protected] appearing in the holding statement provided by Karvy on Dec16, 2020:
        COMPANY Qty Price Value
        1. LT FOODS LIMITED ( ISIN: INE818H01020) 10.00 23.00 230
        2. MAHINDRA & MAHINDRA Ltd
        (ISIN:INE101A01026) 15.00 525.55 7883.25
        Both these are shown as TYPE: BEN

        My DPID: IN302470 & client id: 40143006
        These shares were not transfered to my new DP account with ICICI bank
        Karvy customer support has been notified about the posted complaint.
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          A
          Ashwin Shirva
          Mar 8, 2021
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          Hi,

          As advised by my stock broker 'Zerodha', I had sent Syndicate Bank share certificates (Distinctive number: [protected]-[protected], 300 shares) for conversion to Canara Bank(because of merger of syndicate bank to Canara bank) through "professional courier" to the below mentioned address on[protected]Note: Karvy is the Registrar):

          "KFin Technologies Pvt. Ltd, Karvy Selenium, Tower- B, Plot No. 31 & 32, Financial district, Nanakramguda, Serilingampally Mandal, Hyderabad, Telangana, 500032
          Tel. :[protected] / [protected]
          Fax. :[protected] / 23420814
          Email : einward.[protected]@karvy.com
          Website : www.karvycomputershare.com"

          It has been over a month now and I have not received any postal/mail acknowledgement regarding the same until now. Also Karvy/Customer service are not responding to any of my mails.

          Request you to look into the matter and kindly do the needful at the earliest.

          Regards,
          Devadas
          Karvy customer support has been notified about the posted complaint.
          Mar 23, 2021
          Updated by Ashwin Shirva
          Its been more than a month now. Can you resolve this please?
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            D
            Davender Sawhney
            Mar 7, 2021
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            Devender Kumar sawhney
            Bond no 158641 and 158642 for Rs 5000 each total 20000. Matured on 21.02.2021
            +2 photos
            Karvy customer support has been notified about the posted complaint.
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              A
              aksaditya
              from Raipur, Chhattisgarh
              Mar 3, 2021
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              Address: 31/79, Old Pipe Factory Road, New Shanti Nagar

              I have 20 bonds series no 2. I suppose those are to be matured in this month March 21. I have not received any information from the company as yet. I have lost the certificates. Please let me know what i should do.
              Karvy customer support has been notified about the posted complaint.
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                A
                amar.deep
                Mar 1, 2021
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                Not able to get any assistance on transfer my holding and nobody picks and answer calls all r fraud.

                Plz transfer my holding and revert on mail

                Such a ### company cheated people after building trust on them.

                Better to release my money.
                Karvy customer support has been notified about the posted complaint.
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                  S
                  senthel vijay
                  from Chennai, Tamil Nadu
                  Mar 1, 2021
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                  I had raised a request to transfer all shares to my new Demat account with Axis with client ID 50094916. They transferred half and remaining
                  shares worth, 50, 000 Rs are still with Karvy.

                  Now they are not responding too.
                  Karvy customer support has been notified about the posted complaint.
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                    A
                    ayushvarshney001
                    from Chabi, Madhya Pradesh
                    Feb 27, 2021
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                    Address: Hyderabad

                    I have still not got my 16 digit BOID Number and ledger account statement of 20795200 as needed by NSE despite so much of follow ups...

                    KINDLY PROVIDE DEMAT TRANSACTION STATEMENT, LEDGER Account statement & PROPER DATE OF NON- RECEIPT OF SECURITIES PURCHASED that Scripts lying in Beneficiary account of Karvy Stock Broking..
                    Karvy customer support has been notified about the posted complaint.
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                      S
                      Sreeram Ramaiah
                      from Kūkatpalli, Telangana
                      Feb 26, 2021
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                      Hi My Karvy Client Id is KM1000404,

                      I am unable to transfer the Mutual funds to any other provider nor redeem as they are purchased through demat . I went to Kfintech and CAMS office for HDFC and Mirae Asset mutual funds but they also couldnt help anything as they are in offline mode.

                      I went to Karvy Office and they have stopped conerting funds from Offline mode to online mode. Please help us here
                      Karvy customer support has been notified about the posted complaint.
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                        A
                        Aradhana Borah Taye
                        from Delhi, Delhi
                        Feb 25, 2021
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                        I had couriered the account closure request form with registered post signed for account closure and transfer of shares at Karvy Hyderabad office to my HDFC demat account .They have received the hard copies and I have repeatedly emailed for transfer of my shares .
                        But everytime they sent a reply from service help desk that your query is being looked into and update.
                        The hard copy is being sent by registered post and received at Karvy Hyderabad office on 22.01.2021. But till now they neither responded nor did nanything to trasfer my shares. It is really pathetic that their phone no is never picked up. But I realized now how Karvypeople are hopeless.
                        I want to escalate this matter to higher officials, but they dont provide any number or contact details .
                        Below the details updated in the closure form same as in CML
                        Folio No. / DPID & Client ID No KARVY.
                        IN[protected]
                        Karvy customer support has been notified about the posted complaint.
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                          N
                          neeraj15
                          Feb 23, 2021
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                          I'm having online trading account with Karvy with id:164876. I have been making repeatedly request to payout the balance of approx 50000/- to my bank account. Now Karvy has stopped responding to my emails.
                          Neeraj Agrawsl
                          Karvy customer support has been notified about the posted complaint.
                          Hi Neeraj,

                          I have the same issue. Did your get back you money ? If so please let me know how you did it.

                          Regards,
                          Anil
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                            S
                            S Jayanthy
                            Feb 22, 2021
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                            I tried to reach karvy through all possible way. Here is my request.

                            Client id: 4292828

                            I checked my cdsl account and found that these securities are not available there in my cdsl demat account. But they are present in the portfolio of Karvy trading account. Complaint has already been sent to Karvy through email. Only acknowledged and no action taken

                            Canfin Homes Limited
                            ISIN : INE477A01020
                            Quantity: 400 shares (of Rs.2/- face value)

                            Kindly get the transfer these securities from pool account to my demat account at CDSL at the earliest.
                            Karvy customer support has been notified about the posted complaint.
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                              P
                              prachi. sharma
                              Feb 20, 2021
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                              Address: 181, VIVEKANAND PURI, AZAD MARG

                              Karvy is not giving the amount I had in payout. I have been complaining since 2018 on all social media channels, all mails and calls. Now they have stopped even responding
                              Karvy customer support has been notified about the posted complaint.
                              Hi Prachi,

                              My mother has the same issue with Karvy. If you were able to get back your amount please let me know how you did it.

                              Regards,
                              Anil
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                                M
                                mahadasmak
                                from Bengaluru, Karnataka
                                Feb 18, 2021
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                                Address: hyderabad

                                Karvy was not paid my payout after repeated requests. Now scores/sebi is claiming that they are not responsible because the transaction made within 90 days of karvy ban only eligible for investor pretection fund. Now what to do. How to get back my hard earnerd money of 1, 65, 234/-
                                M. Rajeswari
                                Karvy trading a/c no. 2516405
                                +2 photos
                                Karvy customer support has been notified about the posted complaint.
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                                  nasir02
                                  from Chandīgarh, Chandigarh
                                  Feb 18, 2021
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                                  Remittance of ledger balance amount into bank account

                                  Address: Hyderabad
                                  Website: trading.karvyonline.com

                                  Sir
                                  I have a trading account with Karvy Stock Broking operated through a nominated broker. the broker has stopped working in karvy office and online portal of karvy is unresponsive. I am more than 7 years old totally dependent on my savings and investment and have been a private employee. I have Rs 208147.72 in my ledger balance since 11 nov 2019. inspite of repeated requests this amount has not been credited to my bank account registered...
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                                  D
                                  Deepak .E
                                  Feb 9, 2021
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                                  Dear Sir/Madam,
                                  It's frustrating that nobody is taking any action on this matter. Either CDSL or my current DP is not responding regarding account closure and Transfer of shares even after I sent all the required documents and it's been already 1 month and already a complaint has been filed on Scores to take necessary action.
                                  This email is in reference to my demat account number [protected] held with Karvy Stock Broking Limited (DPID[protected] a depository participant (DP) of Central Depository Services (India) Limited (CDSL). Since my current DP, Karvy Stock Broking Limited has been banned, I kindly request your team to help me transfer my securities to Zerodha Broking Limited under demat account number [protected], (DPID[protected].
                                  I did everything but nothing is working. Please do take direct action to resolve this issue. Time is of hihg important coz my shares are on the way to reach its peak and time for me to sell. Kindly help.

                                  Thanks
                                  Best Regards
                                  Deepak Elangovan
                                  [protected], [protected]
                                  Karvy customer support has been notified about the posted complaint.
                                  Dear Complainant,

                                  As Karvy expelled from exchanges, you can lodge the complaint at NICE plus ( NSE portal ).
                                  Even CDSL issued some format to report.

                                  For any further help, you can reach to us
                                  help(at)indiancomplaintforum(dot)in

                                  Best Regards
                                  ICF
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                                    L
                                    Lalit Kumar Pande
                                    from Delhi, Delhi
                                    Feb 9, 2021
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                                    Address: Hyderabad

                                    I Lalit Kumar Pande purchased four bonds amounting Rs 20000/- (Rs 5000/- bond each) which shall mature on 21st Feb 2021. I tried to contact the company on the phones mentioned in the bonds but all numbers mentioned on the bond including of IDFC are invalid. Kindly provide valid contact no and address, where bonds could be submitted for redemption with full procedure pl

                                    Lalit Pande
                                    Karvy customer support has been notified about the posted complaint.
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