I want to say that I am Reliance Money DMAT a/c holder.
My a/c no. is [protected] and my client code is
Respected Sir I am to say that I requested three
times in Reliance Money for issuing me new password on
my client code. But they were not give me reply on my
Email or contect no. Therefore I cant use my DMAT a/c.
So kindly request to u that give me a satisfactory suggestion..
JAI PRAKASH PATHAK
DMAT A/C NO. [protected]
CLIENT CODE j00045724
contact no. [protected]
Dear Readers, I wish to bring this unfortunate incidence to your notice which happened with me and some other people in Ghaziabad.I am a service class person and job is my only source of income.I saved some money by sacrificing and compromising on day to day needs and INVESTED[I don't have an appetite for trading hence I am not a day to day trader] some money through Reliance Money in Share Market .The reason for choosing reliance money is the added security they promised me as they gave me security key and promised me / gurreented me thet no one except me can operate my demat / trading account which I have with them.I inevested 200000 INR by purchasing all good & A grade shares in year 2008 and thought that whenever I need money I'll simply sell them and take out my money.I invested in following shares:-GVK POWER AND INFRASSTUCTURE, RPL, RPOW [got it in ipo], APPOLO TYRE, BHAGYANAGAR INDIA LTDFour days ago, I got a call from a friend, who also got an account with reliance money, he was screming over the phone, told me that when he checked his demat account, to his surprised, many of his shares have been sold without his knowledge and his account is depleted systematicllay I thought may be he has misunderstood as I was confident that this can not happen and stayed calm, but when he again and again asked me to check my own account, I become a bit worried, I was in office at that time but asked my manager for 1 hr break .I rushed to the franchisee office of Reliance money where I hold my account, they told me that they are unable to update me as they have shifted database to Lajpat nagar location.I took the number of the owner immediately from them and gave him a call .I asked him to provide me the demat balance, Initially he kept on diverting the topic my saying words like "beleive me" " don't you trust me", don't listen to rumourse", but when I stricktly asked him to tell me the balance, he handed over the phone to someone there, he asked me my trading id, and told me that only 4000 worth of following shares are there in my accountBLUE CHIP, CARLS, INTRA I could not beleived him I requested him to kindly check it again, he checked it again and told me same, my head started spinning, I am shocked and I can not tell how I felt at that moment.I felt I got robbed, I called the same friend who informed me about this and told him what has happened with me . He asked me to talk to the franchisse owner, I called franchisee owner again and asked him how could all this happen, he simply said he doen't know and can't do anything about it, and put the phone down.I was like felt screaming on everyone, I went to my friend's place where he has already called a gentleman who has expertise in sharemarket.He told us that OFFLINE trading is the cause of this mishappening where a person from reliance has the ability to do trading from our accounts on our behalf to increase the trading commision revenue and as he might have traded heavily and due to valatile market that backfired him .He asked me to give call to the franchisse owner again and ask him to tell about the one who does this there, I call franchisse owner and asked the same, he told me that guy left the company 2 weeks ago also he asked me to talk to reliance money cluster head regarding this matter as It's with reliance money I have opened my Demat and Trading Account and not with him.I called cluster head and told him the entire story, he fixed a meeting with me and my friend next day.We met him next day and explained him the whole story again. He told us he'll investigate this matter and update us on what so ever is the finding.We went to our friend who has expertise in share market .He asked us to document it at first everything what happened and took formal steps also.We wrote a letter to Relaiance money and went to hand it over by person to Reliance Money office.While coming back from Reliance money office I got a call from cluster head, he asked me wheather I went to relaiance office I said Yes, He asked Why you went to Reliance office I told him to document the incidence, he seemed very annoyed he said " See when I told you I am looking in to it then why you went to office, now on wards i'll also respond you officially only, i took personal interest in your matter but seems you wish to take this official only so it'll be like that only, I didn't understant the reason why he is so annoyed ?Could there be a posibility that reliance guy and franchisee owner doing it together.how and why can my shares be trade with out my consent, knowledge and information ?They did all this just to increase turnover for there trading commission or could there be any other story as well?I am in complete state of shock and mental trouma right now.Did anyone iother also experinced the same issue ?Please join me raising this concern, i beleive united we stand help me, any suggestiions and advice would be appriciated .Can anyone please help
I opened an dmeat & trading account with RELIANCE MONEY at that time they launch a scheme that from 1st march to 31 march who applied for dmeat & trading account they give a gift of 5gm silver coin but yet I do not receive any coin from them. Their sms I got on my mobile that you will receive your silver coin shortly, or collect it from nearest branch. when I inquire to the branch they replied if you are eligible for that then you will receive the coin. The thing is that i applied my account in MARCH & an SMS I received by company that SMS is the proof that I am eligible for the coin.
So do the needful & be oblige.
My Account details is as under.
NAME : SAMIR AMRUTLAL GANATRA
CLIENT ID : S00121729
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!!!
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!!!
RELIANCE MONEY IS SIMPLAY CHAETING TO CUSTOMER .THEY ARE CLAMING THEY ARE CHEAPST BROKERAGE CO BUT THE TRUTH IS THEY ARE CHAETING TO CUSTOMER & MAKING AS FOOL
I OPEN RELIANCE MONEY ACCOUNTS IN THE MONTH OF SEP 2007 WITH RS 500 BROKERAGE & RS 750 AS A ACCOUNT OPENING CHARGES
THEY OFFER 25% DISCOUNT ON BROKERAGE (500-25% ) BECAUSE OF HOLDING RELIANCE COMMUNUCATION IN SHAREKHAN ACCOUNTS
I PAID RS 1125 BY CHAQUE WITH FOLLOWING TERM & CONDITION
1) RS [protected]%) BROKERAGE FOR ONE YEAR WITH A TURNOVER OF RS 5, 00, 000 IN A ONE YEAR
2)RS 12 ADDITIONAL BROKERAGE INCLUDING SERVICE TAX ON PURCHASE & RS 12 ON SALE OF SHARE
3)RS 50 AS A AMC FOR MAINTAIN STOCKS
BUT ON 18/02/2008 RS 450 IS DEBITED AS A LIMIT CARD USES CHARGES
ON 1/3/2008 RS 450 IS DEBITED AS LIMIT CARD USES CHARGES
THIS CHAGES ARE DEBITED WITHIN 15 DAYS OF INTERVAL .THIS IS DEBITED IN MT ACCOUNTS
THIS NAME (LIMIT CARD ) & CHARGES ARE NEW FOR ME .I SHOCKED AFTER CHECKING MY ACCOUNTS IN STATEMENT WHICH IS SEND BY RELIANCE MONEY
I ALSO CALLED CUSTOMER CARE 3 TO 4 TIMES .AFTER WAITING LONG HOURS ON PHONE .THE CUSTOMER CARE PEOPLE NOT REPLAY FOR THIS CHAGES .THEY INFORM ME THEIR SYSTEM IS NOT WORKING
THIS NUMER OF CUSTOMER CARE IS ALSO NOT A TOLL FREE NO.I ALSO WRITE MAIL .THE RETURN THEY SEND ME THEIR BROKERAGE STRUCTURE
THIS BROKERAGE STRUCTURE IS ALSO NEW FOR ME & THIS BROKERAGE STRUCTURE IS ALSO NOT UNDERSTABLE
ON WHAT BASIS THIS CHARGES DEBITED I CANNOT UNDERSTAND .I ALSO CALLED MY AGENT WHO OPENED MY ACCOUNT ME HARSHIT SHAH .THEY ANS TO ME HE IS OUT OF STATION .AFTER THEY COMEING THEY SOLVE THE MATTER
RELIANCE MONEY IS SIMPLY CHAET THE CUSTOMER & MAKING MONEY
BY THIS TYPE OF UNFAIR TRADE PRACTICE
THIS IS NOT HAPPEN IN MY CASE BUT HAPPEN MANY CASES AS PER THE AGENT .IF YOU LOOK THE WEBSITE OF MOUTHSOUGHT .COM .YOU CAN FIND MANY CASES
I AM VERY UPSET DUE TO THIS .I AM SALIRIED PERSON
PLAESE TAKE ACTION .THIS IS NOT A NORAMAL COUSE OF BUSINESS .THEY ARE DEBITED CUSTOMER ACCOUNT WITH A HIDDEN CHARGES
Hi, This is my 10th or 11th mail regarding the money transfer. But I've not received any response till...
I applied for a depository account with RelianceMoney on 12th of July 2007 and so for I have not got a luck...