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Geojit Complaints

Geojit Detail

Zerodha (Trade with the best stock broker)

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Incorporated in 1987, Geojit BNP Paribas (Geojit) is one of the major stock brokers based in India. Geojit is based in Kochi, Kerala and has the strong presence in Gulf. Geojit BNP Paribas is cash equity and derivatives broker with extensive experience in Portfolio Management Services and the distribution of financial products: mutual funds and life insurance. Geojit provides stock trading at NSE and BSE stock exchanges through a strong network of around 500 branches and its state of art onl... Know more about Geojit

Complaint against Geojit Broker

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

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

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

Geojit Complaints

Exchange Financial Year Total Complaints Active Clients
NSE 2022-23 6 235,542
BSE 2021-22 4 50,707
NSE 2021-22 41 234,546
BSE 2020-21 2 42,303
NSE 2020-21 67 201,206
BSE 2019-20 6 42,127
NSE 2019-20 38 163,742
BSE 2018-19 5 34,398
NSE 2018-19 32 163,875
BSE 2017-18 10 67,110
NSE 2017-18 38 183,466
BSE 2016-17 3 58,437
NSE 2016-17 32 160,317
BSE 2015-16 7 59,107
NSE 2015-16 32 177,397
BSE 2014-15 7 44,864
NSE 2014-15 56 158,271
BSE 2013-14 15 528,473
NSE 2013-14 42 148,176
BSE 2012-13 14 499,308
NSE 2012-13 46 452,945
BSE 2011-12 24 450,537
NSE 2011-12 53 412,687

Geojit complaint at NSE

2022-232021-222020-21
Active Clients235542234546201206
Complaints64167
Resolved through the exchange43252
Non actionable2712
Advised / Opted for arbitration000
Pending for redressal with exchange023
No. of arbitration filed by clients1
Decided by arbitrators in favour of the clients0
Decided by the arbitrators0
Pending for redressal with arbitrators1

Geojit complaint at BSE

2021-222020-212019-20
Active Clients507074230342127
Complaints426
Resolved through the exchange416
Non actionable100
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

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

5. Saroj Ranjit Singh   I Like It. |Report Abuse|  Link|Sep 16, 2022 4:56:12 PMReply
Such a horrific experience with Geojit, Fort branch. Most incompetent people are assigned this branch, the Manager never come forward to talk to u. I purchased 88 ADANI PORT shares through selfie app.at rate of Rs 860 or so, few days back. The app daily changes my buy price to last traded closing price. Thus, it always showing higher rate bcoz share price was rising.
I sent several emails and called fort branch Mr Prathamesh. It took 7 days for him to understand. But All this of no use. No rectification in buy price done by then yet.
4. A   I Like It. |Report Abuse|  Link|Oct 20, 2021 4:08:17 PMReply
They don't close the demat account when told to do so. either they will not close trading account or demat account. Please don't open accountwith them. They don't close the demat account and charge high amc. Even after calling their branch and customer care demat account does not close. Their branch people espicially ladies keep on yelling at clients. Never open account with them. Especially Nerul and vashi branch Navi mumbai.
3. ARVIND SAHADEO WAKKAR   I Like It. 1|Report Abuse|  Link|Apr 3, 2019 10:58:46 AMReply
One of the WORST DEPOSITORY IN THE WORLD
Hopeless customer care. their customer care Department need to be renamed as " Customer Irritation Department.
The New software for online Trading is very BAD. ON EVERY PLACE YOU WILL FIND DIFFERENT DATES, DIFFERENT RATES DIFFERENT QUANTITIES.
THEIR RERESENTATIVES ALSO NOT ABLE TO RESOLVE THE ISSUES. i HAVE MORE THAN 25 TO FORTY SCREEN SHOTS, WHATSAPP MESSAGED & RECORDED DISCUSSION WITH THEM FOR WHICH THEY HAVE NO SOLUTION.
THE CHIEF EXECUTIVE OFFICER FROM KOCHI MUST RESOLVED THE ISSUES.
I AM A SENIOR CITIZEN OF MORE THAN 70 YEARS OF AGE. I AM ONE OF THE VERY OLD CLIENTS OF GEOJIT. THEIR RANKING ALSO HAS DETERIORATED DUE TO THEIR ATTITUDE TOWARDS THE CLIENT.
I APPEAL TO THE PROSPECTIVE CLIENT TO BE VERY VERY CAREFUL IF THEY ARE OPTING TO OPEN THEIR ACCOUNT WITH THEM.
THEY HAVE INTRADUCES NEW ONLINE SOFTWARE CLAIMING IT TO BE THE BEST.
ACTUALLY THEY HAVE FURTHER DAMAGED THEIR EARLIER VERSION . CUSTOMERS ARE LIKELY TO BE CONFUSED WITH THEIR SOFTWARE CALLED " "SELFIE" ACTUALLY " SELFISH" WILL BE THE CORRECT NAME.
THEY ARE BOTHERED ABOUT THEIR BROKERAGE INCOME LET THE CLIENT GO TO HELL.
i AM PREPARED TO OPEN CHALLENGE TO THEM BEFORE SEBI / NSDL OR WHATEVER PLATFORM THEY WISH TO PROVE THAT THEIR INTENTION TOWARDS CLIENTS ARE NOT GENUINE.
2. Pradeep   I Like It. 1|Report Abuse|  Link|Jan 17, 2019 2:58:39 PMReply
Geogit have high brokerage fee for intraday .They collect indirectly from me
1. Rajeshwaran   I Like It. |Report Abuse|  Link|Jul 21, 2017 4:06:32 PMReply
I have bought IDFC order at 9.30 a.m on july 10. after some time geojit server was not worked due to NSE issues. I had lost around 1500 rupees. still now geojit didn''t give loss reversal .