Sharekhan Complaints & Reviews

i have talked to various branches of sharekhan in delhi.they change terms and conditions at suo moto.for example netaji subhash place pitampura delhi branch says that they will provide trade tiger software for Rs.1500/-qurterly charges.but their call centre employee on toll free no.say that it will cost onlyRS.1000/- one time starting charge and for classic you will have to pay Rs.750.other branches like lajpat nagar branch says that trade...

Dear Sir,

I have DMATaccount with sharekhan in my mothers name, and i have given my account to broker for keeping watch on shares because i can not give full time on share market.

We had our a/c to some other broker earlier, which we transfered to this current broker. Reason behind this was that earlier broker was not able to transfer the shares in the name of my father, whom we lost in 2003. My relatives had...

Subject: Loss of capital in form of shares due to misleading information given by my stock broking agency SHAREKHAN Limited whose Registered Office is located at: A-206, Phoenix House, Phoenix Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai- 400013.

Dear Sir/ Madam,

My name is Vinay Shrivastava, a customer of Sharekhan Limited & having a customer id 795788, DOB October 11, 1976 & Address A-701,...

dear sir
i prakashkumar client id no 178750 client code no w182598
branch id 325 with sharekhan banglore gandhinagar branch .i allwayes trading on trade tiger online at my home .mybank account with icici bank savings account away from my town yadgiri [karnataka] to shahapur [karnataka] 30 kilometer
on date[protected]am my sharekhan trading a/c showing
credit balance rs 63936.64 same time i purchase 1867...

Dispatched welcome kit from sharekhan awb No:[protected]...

Dear Sir,
i am having an a/c with sharekhan franchise here in baroda under the management of Mr. Mohit . recently i have received a statement of daily transactions and i was surprised to see that some of my securities which were lying in my a/c were sold and when i contacted the sharekhan office i was very dissapointed to know that to clear off a very small amount of debit balance my shares were sold in a loss and that too without...

Dear Sir,
I have applied for Demat a/c & Sharekhan a/c through Sharekhan. I paid 5375/- for the same. Almost 2 months over. But they are not responding properly and telling that they already sent and recieved somebody . My Acknowledge no: 30315376. Sharkhan Executive name: Vijay, Bangalore . Eventhough I talked to customer care, no answer from them. They are telling that I have to pay again 5375/- then only they will give the...

This is what happened with me -

1. On 7th August 2008, I purchased 999 shares of script 'JIKIND'.


2. Against the purchased shares, Sharekhan has charged me total of 4115.88 for 999 shares.


3. On 26th November 2008, when I want to sell these shares I was told that I am having 99 shares in my account.


(As per the market on 26th Nov 2008, I could have...

Dear sir,

This is to inform you that my name is Amit Bhattacharya.
I have an account with sharekhan. My Customer Id is-725883
I have 2300 IDFC share with them.According to their company rule they give 5 working days time to the customer for make the payment.but this time within 3 working days they sold all my share without my confirmation. I lost near about 30000 thousand rupees for that. i have all the document...

I opened my Dmat account through sharekhan as they were advertising on different site that anyone could open an online dmat account with Rs. 50 only. I applied online and got the call on the same day. The Executive came to me next day and filled up the form and demanded a check of minimum of Rs 5000 . and told me that cheque would only be used for my online trading. and they would ask me before dropping it for withdrawl the amount. Last month...

Hi,

I requested for opening a free demat account on friday, last date of which is 31st jul'08
however, i don't know why they are not sending an executive to collect documents from me. They have taken my address, but not sending any executive.
probably, they're intentionally delaying the process, so that they can charge the account opening charges after 31st july..
This is really strange.....

I have found Sharekhan is doing unauthorrized trading from my account, This happens to me second times. When I found my shares are sold out without my prior permission and without intimating me for this.
This is seriuos issue, I have tried to reach Share khan thru customer care but not able to reached there customer services, either.
This is a cheating (as PP, one of my close friend told me) as per customer point of view.br...

i have a trading and DP account with Sharekhan, i tried to close this account by giving them a mail on nov 17 2006, but suddenly one fine day i recevied a account statement dt 28 jul 2007 showing 42 RS credit .i asked them to close my account by giving them a letter dated 25, Aug 2007, then i recevied another bill dt 30thjune for an amount of 337 (depositorybill).but after lot of argument they were not ready to listen i thought i will pay...

Dear Sir

Mr vidynand singh sub broker of Sharekhan had done the un authorise trading in my account without my permission.

The broker purchase the RPL, Jindal Steel, Sesa Goa in the month of october without my permission & create the outstanding . When I have contact to the power broker for trade, his reply shoked me their reply was Apower broker can trade in your account without your consent.
Then...

sir,
I am vijay kumar working in share khan ltd. in district center janak puri delhi-58, your low floor bus no.DL1P C 0727, routed
( -outer mudrika anand vihar) at burari chowk(8:35 am) do not open entry door(back door) he open only front door to drop passanger, when i asked to conducter to open the door, conducter responding very roudly.when i warn to complaint he told I don't care...publict was very surpringly...

Today i went to Sharekhan Baroda BR (Old Padra Road.)with form for address change and change in bank details

the lady asked my bank statement signed by my bank
i have shown and submitted my a/c master statement provided by HDFC BANK showing all the requirements i.e. Full Address,
Bank A/C no, Name, type of a/c, customer id etc which were more than enough for the requirement
but the lady insisted on having...

The trading password for Sharkhan's Account can be obtained on Phone or email. This is what their customer care say when they took four months and still not delivered my User Id and Password details. All BPO executives of Sharekhan have access to user ids and passwords, And my agent has got funds transfered from my trading account to Bank account without any authentication.

IT IS NOT SAFE AT SHAREKHAN, AFTER ALL IT IS...

RESPECTED SIR,
I AM AN INVESTOR IN SHAREKHAN LTD. I REQESTED THEM TO CHANGE MY BANK ACCOUNT FROM HDFC TO YES BANK FOR WHICH I COMPLETED NECESSARY FORMALITIES LIKE CANCELLED CHEQUE, FORM ETC. AFTER SOME DAYS ALMOST A WEAK THEY CHANGED MY BANK ACCOUNT DETAILS FROM HDFC TO YES BANK, BUT THE CHANGES WERE MADE IN IPO AND EQUITY TRADING ONLY AND FOR MUTUAL FUND THE BANK ACCOUNT DETAILS WERE NOT UPDATED. IN THAT CONNECTION I REQUESTED THEM...

I give below copy of complaint Email sent to [protected]@sharekhan.com
quote :
SECOND REMINDER
Customer ID no.149671 - Kirtikumar Panchal
Nature on Complaint : on 17.1.08 I transferred Rs.25,875 (under Bank transaction
Ref.no.S[protected] to your IPO a/c from my bank a/c no.[protected] with UNION BANK OF INDIA, my a/c is debited but amount not transferred to IPO a/c. This transfer was meant for applying 225...

Respected Sir/Madam,





First of all extremely sorry for taking your valuable time.

I have already wrote to fmc (regulatory body for commodity market) but I have not got any reply yet



Myself AmbadasYemul, resident of Solapur (Maharashtra).





My Brother, Mr.Punesh Sudarshan Yemul, He had commodity trading...