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Reliance Money / Change the email id

1 India Review updated:
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Wrost Demat/Trading acc... Dont create any relationship...

RelianceMoeny is the wrost service I have ever seen in my life. I am working in an MNC and used to trade a lot. RelianceMoney is famous for their way of CHEATING customers. They cheat customers anytime anyhow and dont even answers your query ever.

The reliance customer service people are all villegians...!!! THey dont even understand the problem anytime and they dont know anything about their field!!! How the heck they will guide you!!!

Following is an email I sent to IRCPC for consumer court...They r taking action against relaincemoney. I request people having bad experience with Reliancemoney to come forward and try to take action as much possible as they can using consumer court!!!


Dear,

I have recharged with 1000Rs Bimonthly limit card & the brokrage for IntraDay Trading is 1paisa since I opened my account. But since last some days, 14.99Rs brokrage charges are getting deducted for each transaction.


See below example,

[protected] 11:57:[protected]:57:21 ALSTOM PROJECTS INDI BUY 10 523.0000 5230.00 0.00 0.00 0.00 -5230.00
[protected] 12:55:[protected]:57:31 ALSTOM PROJECTS INDI SELL 6 521.0000 3126.00 0.00 0.00 0.7830 3125.22
[protected] 12:55:[protected]:57:37 ALSTOM PROJECTS INDI SELL 4 521.0000 2084.00 0.00 0.00 0.5220 2083.48
[protected] 23:59:59 23:59:59 ALSTOM PROJECTS INDI BUY 0 0.00 0.00 13.59 1.40 0.00 -14.99
[protected] 23:59:59 23:59:59 ALSTOM PROJECTS INDI SELL 0 0.00 0.00 13.59 1.40 0.00 -14.99


Thiking 1 paisa as brokrage, I am doing a lot of transaction. This kind of cheating is really frustated!

This happened to me second time, first time there was no prefernce card selected and so autometically recharge didnt happen. Now even the preference card is selected instead of 1 paisa brokrage from limit card, 15Rs for each transaction is getting deducted. I lost almost 2000Rs in 2 days!!!

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Comments

  • Ar
      31st of Jul, 2009
    0 Votes

    reliancemoney sold my shares on its own? they have even admitted their mistake but refused to pay the loss which i suffered due to this mistake. i talked with pranav, who is the equity dept head in panchkula.

  • Ch
      12th of Aug, 2009
    0 Votes

    true, reliance money is fraud.

    They had charged me Rs 18500 in 10 days, out of which 7500 was in for single day as a limit card charges, brokerage @ 1 paisa plus 15 rupees for each transaction extra.

    I had just buy 7 nifty option @ 70 and sold at 74, they charge me turnover of Rs 28 lac, ie Rs 500 limit card charges for 2 lac so 7000(2lac into 14= 28 lac), they considered nifty option as a future plus premium and instead of profit of Rs 1400 i face loss of rs 75oo as a limit card, all my fren dealing in nify in reliance jus check preference coloum and than limit card charges.

    fren their is no customer care number for reliancemoney delhi they give branch number but nobody received i quit reliance money.


    Anil ambani chota investor ko luttha hai or bada mukesh ambani bade investor ko like ntpc

    my number 9911288344, email id chanderagrl@gmail.com

  • Te
      14th of Aug, 2009
    0 Votes

    I think we should all complain against reliance securities with SEBI. I have done so and would request all reliance money customers to lodge a complaint. It can be done online at http://investor.sebi.gov.in/ under greviences section. Please do so

  • Ud
      26th of Aug, 2009
    0 Votes

    Dear Sirs,

    Please lodge your complaint with the concerned- Consumer Disputes Redressal Forum, that will be rewarding & show ALL the Opponents their proper place & you will not be HELPLESS any more.

    Best of Luck.

    Uday Prabhu.
    0922 057 3589
    =============

  • An
      8th of Sep, 2009
    0 Votes
    Reliance Money - adverse account
    Anup
    India

    HI,
    Reliance money itself is not relied upon

    It charges
    more brokerage
    Dp charges
    telephone charges - so cheap work from a billionaire

    Reliance founder was a good man so he grey. Their sons are ### hole and will take the company down in years. Fate is in their way.

    I request the SEBI to throw them out of broking service, they are thieves. Inspite of so many complaints they are not ripped from the market because the ### Anil ambani is sitting in parlaiment and no body dare to kick his ### out.

    Thank you.

  • Is
      14th of Sep, 2009
    0 Votes
    Reliance Money - issue of salary
    Reliance Money
    India

    Dear Athoritiy

    My Self Sansdeep Gaur working as a Business Development Executive E-Code RMON2061. I want to informe you that till date i have not recevied my last two month salary.
    I have conveyed thi9s message to my Tram Leader Mr. Achal Garg and Sa;es Manager Mr. Munish Goel regarding my salary but they are unnecessarily haring me. I am totally mentally disurbed and in short of money. they are saying that if you give one or two insurance polices than they will give my salary whereas at the time of joining was told the different story they told me to acheive a monthly target of rs. 10000 (Business from Mutual funds (nfo) Life Insurance and demat account) as allready till date i have given them business of rs 84000 (Rs 70000 from Mutual Funds and Rs 14000 From life insurance) if you want i can give the detale of business given by me
    Now you can access that nowadays without money how can servive in the market.
    Sir please take care of this issue and release my salary as soon as possible.
    I will be very thankfull to you.

    With Regards
    Sandeep Gaur
    E-Code RMon2061
    BDE (Yamuna nagar)
    Add:- 1057/5 Sondhi Street
    Nr. Money Ram Kalaia
    Chuna Bhatti Yamuna nagar
    Pin Code 135001
    Mobile No 09729910439

  • Ka
      10th of Mar, 2010
    0 Votes

    RELIANCE IS A BIGGEST FRAUD COMPANY OF INDIA.. I APPLIED FOR NEW ACCOUNT IN RELIANCE MONEY AND PAID RS.1000/- FOR THE SAME.. MORE THAN MONTH HAVE BEEN PASSED TILL DATE I HAVEN'T RECEIVED ANY KIT OR ANY COMMUNICATION FROM THEM.. AND MORE INTERESTINGLY WHEN I ASKED THEIR AGENTS ABOUT MY ACCOUNT THEY AMAZINGLY ANSWERED EVERYTHING HAS BEEN DONE FROM OUR END LET US CHECK IT ONCE AGAIN AND NOW THEY HAVE STOPPED ANSWERING MY PHONE.

    IT SEEMS THAT A HUGE RACKET OF RELIANCE IS WORKING TO DIGEST THE HARD EARNED MONEY OF INVESTORS AND PEOPLE OF THIS COUNTRY.

    SEBI SHOULD DEFINATELY TAKE SOME APPROPRIATE ACTION AGAINST SUCH A FRAUD COMPANY MANAGED BY AMBANI's.

    VINEET

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