Aditya Birla Money Consumer 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

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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 consumer 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 Consumer Complaints

Exchange Financial Year Number of Clients   ? Total Complaints  ?
BSE 2020-21 16,293 2
NSE 2020-21 47,862 40
BSE 2019-20 16,123 5
NSE 2019-20 43,387 32
BSE 2018-19 13,754 4
NSE 2018-19 41,090 63
BSE 2017-18 24,376 11
NSE 2017-18 54,857 48
BSE 2016-17 22,921 8
NSE 2016-17 40,316 57
BSE 2015-16 23,305 10
NSE 2015-16 39,497 45
BSE 2014-15 35,612 13
NSE 2014-15 42,742 41
BSE 2013-14 228,019 18
NSE 2013-14 41,531 72
BSE 2012-13 219,163 23
NSE 2012-13 216,256 67
BSE 2011-12 205,276 63
NSE 2011-12 201,235 123

Aditya Birla Money complaint at NSE

2020-212019-202018-19
Defaulter Yes/NoNoNoNo
No. of clients at the beginning of the year
No. of active clients478624338741090
No. of complaints received *403263
Resolved through the exchange262461
Non actionable **410
Advised / Opted for arbitration010
Pending for redressal with exchange1062
No. of arbitration filed by clients182
Decided by arbitrators in favour of the clients082
Decided by the arbitrators021
Pending for redressal with arbitrators100
% of No. of complaints as against No. of active clients0.080.070.15
% of complaints resolved as against complaints received7581.2596.82

Aditya Birla Money complaint at BSE

2020-212019-202018-19
Defaulter Yes/NoNoNoNo
No. of clients at the beginning of the year583322304824290031
No. of active clients162931612313754
No. of complaints received *254
Resolved through the exchange154
Non actionable **000
Advised / Opted for arbitration001
Pending for redressal with exchange100
No. of arbitration filed by clients000
Decided by arbitrators in favour of the clients000
Decided by the arbitrators000
Pending for redressal with arbitrators000
% of No. of complaints as against No. of active clients0.010.030.03
% of complaints resolved as against complaints received50100100

Note:

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

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5 Comments

VARUN GUPTA
5. VARUN GUPTA  Mar 19, 2020 09:31 I Like It. | I Don't 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.
Kamal Bihari
4. Kamal Bihari  Feb 11, 2020 20:08 I Like It. | I Don't 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.








BRAJESH KUMAR SINGH
3. BRAJESH KUMAR SINGH  Jun 1, 2019 11:13 I Like It. | I Don't Like It. | Report Abuse Reply
Pathetic experience .....charged brok. .08% and .80 % after showing .02% and .20%. No customer service. Pathetic in all front.
Vasumathi
2. Vasumathi  Jan 29, 2019 18:35 I Like It. | I Don't 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.
RAJEEV SHARMA
1. RAJEEV SHARMA  May 29, 2018 18:57 I Like It. | I Don't Like It. | Report Abuse Reply
VERY POOR & NEGLIGENCY SERVICE








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