Claimed

Karvy Complaints & Reviews

3.7
Updated: Nov 13, 2025
Complaints 1678
Resolved
1230
Unresolved
448
Contacts

File a complaint to Karvy

Having problems with Karvy?

File a complaint and get it resolved by Karvy customer care. It’s quick, effective and absolutely free!

SUBMIT A COMPLAINT

Karvy reviews & complaints page 9

Newest
  • Newest
  • Most Helpful
  • Most Popular
  • Resolved
  • Contains Photos or Videos
  • Oldest
L
Lillie2011
Mar 16, 2021
Report
Copy

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.
Helpful
Found this helpful?
1 Comment
Report
Copy

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    S
    sachin herkal
    Mar 16, 2021
    Report
    Copy

    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.
    Helpful
    Found this helpful?
    Write a comment
    Report
    Copy

    Post your Comment

      I want to submit Complaint Positive Review Neutral Comment
      code
      By clicking Submit you agree to our Terms of Use
      Submit
      M
      M N Mehta
      Mar 10, 2021
      Report
      Copy

      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...
      Helpful
      Found this helpful?
      Write a comment
      Report
      Copy
      S
      Subballa
      from Bengaluru, Karnataka
      Mar 8, 2021
      Report
      Copy

      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.
      Helpful
      Found this helpful?
      Write a comment
      Report
      Copy

      Post your Comment

        I want to submit Complaint Positive Review Neutral Comment
        code
        By clicking Submit you agree to our Terms of Use
        Submit
        A
        Ashwin Shirva
        Mar 8, 2021
        Report
        Copy

        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?
        Helpful
        Found this helpful?
        Write a comment
        Report
        Copy

        Post your Comment

          I want to submit Complaint Positive Review Neutral Comment
          code
          By clicking Submit you agree to our Terms of Use
          Submit
          D
          Davender Sawhney
          Mar 7, 2021
          Report
          Copy

          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.
          Helpful
          Found this helpful?
          Write a comment
          Report
          Copy

          Post your Comment

            I want to submit Complaint Positive Review Neutral Comment
            code
            By clicking Submit you agree to our Terms of Use
            Submit
            A
            aksaditya
            from Raipur, Chhattisgarh
            Mar 3, 2021
            Report
            Copy

            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.
            Helpful
            Found this helpful?
            Write a comment
            Report
            Copy

            Post your Comment

              I want to submit Complaint Positive Review Neutral Comment
              code
              By clicking Submit you agree to our Terms of Use
              Submit
              A
              amar.deep
              Mar 1, 2021
              Report
              Copy

              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.
              Helpful
              Found this helpful?
              Write a comment
              Report
              Copy

              Post your Comment

                I want to submit Complaint Positive Review Neutral Comment
                code
                By clicking Submit you agree to our Terms of Use
                Submit
                S
                senthel vijay
                from Chennai, Tamil Nadu
                Mar 1, 2021
                Report
                Copy

                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.
                Helpful
                Found this helpful?
                Write a comment
                Report
                Copy

                Post your Comment

                  I want to submit Complaint Positive Review Neutral Comment
                  code
                  By clicking Submit you agree to our Terms of Use
                  Submit
                  A
                  ayushvarshney001
                  from Chabi, Madhya Pradesh
                  Feb 27, 2021
                  Report
                  Copy

                  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.
                  Helpful
                  Found this helpful?
                  Write a comment
                  Report
                  Copy

                  Post your Comment

                    I want to submit Complaint Positive Review Neutral Comment
                    code
                    By clicking Submit you agree to our Terms of Use
                    Submit
                    S
                    Sreeram Ramaiah
                    from Kūkatpalli, Telangana
                    Feb 26, 2021
                    Report
                    Copy

                    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.
                    Helpful
                    Found this helpful?
                    Write a comment
                    Report
                    Copy

                    Post your Comment

                      I want to submit Complaint Positive Review Neutral Comment
                      code
                      By clicking Submit you agree to our Terms of Use
                      Submit
                      A
                      Aradhana Borah Taye
                      from Delhi, Delhi
                      Feb 25, 2021
                      Report
                      Copy

                      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.
                      Helpful
                      Found this helpful?
                      Write a comment
                      Report
                      Copy

                      Post your Comment

                        I want to submit Complaint Positive Review Neutral Comment
                        code
                        By clicking Submit you agree to our Terms of Use
                        Submit
                        N
                        neeraj15
                        Feb 23, 2021
                        Report
                        Copy

                        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
                        Helpful
                        Found this helpful?
                        1 Comment
                        Report
                        Copy

                        Post your Comment

                          I want to submit Complaint Positive Review Neutral Comment
                          code
                          By clicking Submit you agree to our Terms of Use
                          Submit
                          S
                          S Jayanthy
                          Feb 22, 2021
                          Report
                          Copy

                          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.
                          Helpful
                          Found this helpful?
                          Write a comment
                          Report
                          Copy

                          Post your Comment

                            I want to submit Complaint Positive Review Neutral Comment
                            code
                            By clicking Submit you agree to our Terms of Use
                            Submit
                            P
                            prachi. sharma
                            Feb 20, 2021
                            Report
                            Copy

                            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
                            Helpful
                            Found this helpful?
                            1 Comment
                            Report
                            Copy

                            Post your Comment

                              I want to submit Complaint Positive Review Neutral Comment
                              code
                              By clicking Submit you agree to our Terms of Use
                              Submit
                              M
                              mahadasmak
                              from Bengaluru, Karnataka
                              Feb 18, 2021
                              Report
                              Copy

                              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.
                              Helpful
                              Found this helpful?
                              Write a comment
                              Report
                              Copy

                              Post your Comment

                                I want to submit Complaint Positive Review Neutral Comment
                                code
                                By clicking Submit you agree to our Terms of Use
                                Submit
                                N
                                nasir02
                                from Chandīgarh, Chandigarh
                                Feb 18, 2021
                                Report
                                Copy

                                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...
                                Helpful
                                Found this helpful?
                                1 Comment
                                Report
                                Copy
                                D
                                Deepak .E
                                Feb 9, 2021
                                Report
                                Copy

                                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
                                Helpful
                                Found this helpful?
                                1 Comment
                                Report
                                Copy

                                Post your Comment

                                  I want to submit Complaint Positive Review Neutral Comment
                                  code
                                  By clicking Submit you agree to our Terms of Use
                                  Submit
                                  L
                                  Lalit Kumar Pande
                                  from Delhi, Delhi
                                  Feb 9, 2021
                                  Report
                                  Copy

                                  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.
                                  Helpful
                                  Found this helpful?
                                  Write a comment
                                  Report
                                  Copy

                                  Post your Comment

                                    I want to submit Complaint Positive Review Neutral Comment
                                    code
                                    By clicking Submit you agree to our Terms of Use
                                    Submit
                                    K
                                    KarvyComplainee21
                                    from Bengaluru, Karnataka
                                    Feb 5, 2021
                                    Report
                                    Copy

                                    Client ID - 2147073 | DP ID[protected]

                                    Request return of Cash

                                    Recently I closed my DP with Karvy and transferred my securities to another DP. However I had cash amount of 4197 in Karvy Trading Account which wasn't transferred back to my Bank Account. I have sent multiple emails to Karvy with no response. Their phone numbers are not reachable.
                                    Karvy customer support has been notified about the posted complaint.
                                    Helpful
                                    Found this helpful?
                                    Write a comment
                                    Report
                                    Copy

                                    Post your Comment

                                      I want to submit Complaint Positive Review Neutral Comment
                                      code
                                      By clicking Submit you agree to our Terms of Use
                                      Submit