Aditya Birla Money Complaints

Aditya Birla Money Detail

Incorporated in 1994, Aditya Birla Money Ltd (ABML) is a subsidiary of Aditya Birla Capital Limited and is headquartered in Chennai. The company was formerly known as Apollo Sindhoori Capital Investments. It is engaged in stock broking business and is a member of BSE and NSE. It also holds Portfolio Management Services (PMS) license from SEBI and is a Depository Participant with National Securities Depository Limited ('NSDL') and the Central Depository Services (India) Limited ('CDSL'). The comp... Know more about Aditya Birla Money

Complaint against Aditya Birla Money Broker

Aditya Birla Money brokerage complaints report provide detail about the number of complaints received by the stock exchanges from the Aditya Birla Money customers. The Aditya Birla Money complaints report analyzes the Aditya Birla Money online complaint data provided by BSE and NSE. This report shows the health of the broker.

These complaints are serious grievances against Aditya Birla Money broker which the broker and customer failed to resolve. The customer then filed these legal complaints with the stock exchange.

The Aditya Birla Money complaint no. report also provides Aditya Birla Money’s number of active clients. This shows the growth of the broker year on year.

Aditya Birla Money Complaints

Exchange Financial Year Total Complaints Active Clients
BSE 2021-22 3 16,712
NSE 2021-22 37 64,666
BSE 2020-21 2 16,293
NSE 2020-21 75 55,562
BSE 2019-20 5 16,123
NSE 2019-20 32 43,387
BSE 2018-19 4 13,754
NSE 2018-19 63 41,090
BSE 2017-18 11 24,376
NSE 2017-18 48 54,857
BSE 2016-17 8 22,921
NSE 2016-17 57 40,316
BSE 2015-16 10 23,305
NSE 2015-16 45 39,497
BSE 2014-15 13 35,612
NSE 2014-15 41 42,742
BSE 2013-14 18 228,019
NSE 2013-14 72 41,531
BSE 2012-13 23 219,163
NSE 2012-13 67 216,256
BSE 2011-12 63 205,276
NSE 2011-12 123 201,235

Aditya Birla Money complaint at NSE

Active Clients646665556243387
Resolved through the exchange296524
Non actionable671
Advised / Opted for arbitration001
Pending for redressal with exchange236
No. of arbitration filed by clients148
Decided by arbitrators in favour of the clients038
Decided by the arbitrators012
Pending for redressal with arbitrators110

Aditya Birla Money complaint at BSE

Active Clients167121629316123
Resolved through the exchange315
Non actionable000
Advised / Opted for arbitration000
Pending for redressal with exchange010
No. of arbitration filed by clients000
Decided by arbitrators in favour of the clients000
Decided by the arbitrators000
Pending for redressal with arbitrators000


  • * Including against its sub brokers, authorised persons, employees, etc.
  • ** Non actionable means the complaint that are incomplete / outside the scope of the Stock Exchange


10. Devendra Singh  Oct 4, 2021 7:35:49 PM I Like It. | Report Abuse Reply
Very poor customer service
On 1st day when download app and apply for demat ac they call me 10-12 time and talk like I m Rakesh jhunjhunwala . After 10 days still waiting for account opening , nobody's receiving call on customer care no. and no reply from toll free no.
9. Venkat Molleti  Sep 28, 2021 10:03:52 AM I Like It. | Report Abuse Reply
Pathetic customer service. ABC does not value their customers' grievances. Mostly do not bother to respond, even if they do ... that will be vague and irresponsible. They dodge a complaint in such a way that often it die its own death.
8. Bhaskaran  Apr 5, 2021 5:06:39 PM I Like It. | Report Abuse Reply
Aditya birla Money ,the services are pretty bad .
They do not respond our calls .even if you call the landline the HO in Guindy doesn't pick up the call.
When we forward the details for updation ,they will never do that . even after so many reminders they normally don't do.
They do not care for their clients.even if we visit the HO and meet in person ,things wouldn't process as we expect.
they takes their own sweet time /delay indefinitely , one day they will wake up and do it
such a worst service from ABM
7. M. Pavan Kumar  Mar 31, 2021 2:11:20 PM I Like It. | Report Abuse Reply
Dormant, Hopeless, useless and Shameless customer care personnels.
6. JHARNA CHAKRABARTY  Sep 29, 2020 9:10:53 PM I Like It. | Report Abuse Reply
Worst customer service offered by abml I want to activate my client Id 223121 from July 2020 but they refused to activate account with silly cause.i have submitted all documents required by them with sell attested POA&POI I Sincerely request to look after the matter
5. VARUN GUPTA  Mar 19, 2020 10:31:22 AM I Like It. | Report Abuse Reply
Aditya birla group is such big NUISANCE that they lock you terminals when trade goes against you. Moreover if you want to place stop loss they WILL already jam your terminal. If you try call and trade it will take 5 min for you to reach till customer care. I am going to take them to customer forum for readdressal of my losses. This broker should be penalized under criminal act of laws.
4. Kamal Bihari  Feb 11, 2020 9:08:07 PM I Like It. | Report Abuse Reply
For activating my trading account 702581 after two weeks of follow up they are asking to clear debit balance where as I want that first activate account and then sell stock to clear the debit amount.

3. BRAJESH KUMAR SINGH  Jun 1, 2019 12:13:20 PM I Like It. | Report Abuse Reply
Pathetic experience .....charged brok. .08% and .80 % after showing .02% and .20%. No customer service. Pathetic in all front.
2. Vasumathi  Jan 29, 2019 7:35:17 PM I Like It. | Report Abuse Reply

WITHOUT MY CONSENT 8 ASIAN PAITNTS SHARES WERE DEBITED ARBITRARILY TODAY. Nobody is picking my telephone calls. Even my calls o the head office are getting terminated at the abml end.
1. RAJEEV SHARMA  May 29, 2018 7:57:03 PM I Like It. | Report Abuse Reply