Sharekhan Complaints

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Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & franchises in over 550 cities across India. Sharekhan has seen incredible growth over last 10+ years though it's very successful online trading platform and the chain of franchises located in almost every part of India. Sharekhan also has internationa... Know more about Sharekhan

Complaint against Sharekhan Broker

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

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

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

Sharekhan Complaints

Exchange Financial Year Total Complaints Active Clients
BSE 2020-21 6 120,855
NSE 2020-21 405 679,333
BSE 2019-20 11 120,469
NSE 2019-20 187 549,778
BSE 2018-19 12 92,506
NSE 2018-19 125 517,252
BSE 2017-18 36 209,178
NSE 2017-18 154 535,003
BSE 2016-17 17 149,829
NSE 2016-17 104 366,468
BSE 2015-16 29 131,690
NSE 2015-16 159 335,843
BSE 2014-15 34 82,092
NSE 2014-15 141 342,592
BSE 2013-14 43 1,182,390
NSE 2013-14 142 274,777
BSE 2012-13 42 1,129,261
NSE 2012-13 126 1,125,128
BSE 2011-12 86 1,044,117
NSE 2011-12 173 1,033,963

Sharekhan complaint at NSE

2020-212019-202018-19
Active Clients679333549778517252
Complaints405187125
Resolved through the exchange334152117
Non actionable6090
Advised / Opted for arbitration020
Pending for redressal with exchange11248
No. of arbitration filed by clients5146
Decided by arbitrators in favour of the clients3114
Decided by the arbitrators270
Pending for redressal with arbitrators232

Sharekhan complaint at BSE

2020-212019-202018-19
Active Clients12085512046992506
Complaints61112
Resolved through the exchange31112
Non actionable020
Advised / Opted for arbitration121
Pending for redressal with exchange300
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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8 Comments

Pratik
8. Pratik  Mar 5, 2021 11:49 I Like It. | Report Abuse Reply
My account in share khan i m pelage the request for bank details change its almost 20 days complete but still not doing . call center waiting call time 45 minutes . Bhayandar branch staff not supporting for query solve. Share khan is very lazy company , its working like 1960 / 1970 government bank style.
Bharat
7. Bharat  Jul 8, 2019 10:58 I Like It. 1 | Report Abuse Reply
I'm sharekhan customer since last 14 years and recently because of my job reason i had to close demat. Since 2 months I'm struggling to close my account but they are still taking their sweet time to close it. The franchise owner at ambernath east is useless and just wasted my time every time i visit his office. He gave wrong commitments that my account closure request is in process but he kept my closure request with him and never submitted to head office. Now, I want to take action against them. Pls help.
Krishnamyl
7.1. Krishnamyl  Dec 15, 2020 12:48 I Like It. | Report Abuse
Same issue here. I had to close the account with Sharekhan as per my company policies. It had been more than 4 months but the account is not closed yet.

Even after 100s of mails and number of calls, there is no clarity on the process.

Every time they come up with new reason.

First said that.. Dis is mandatory, then ONLY CML with account closure form can do the need ful, then saying the first thing DIS is mandatory.

Sree
6. Sree  May 17, 2019 18:08 I Like It. | Report Abuse Reply
Never go for sharekhan. Their charges are too high. And lot of restrictions for trding. Mob app is not so good. If you are a LT investor ok. If u want trade open acct with discout broker.
NAND KISHORE
6.1. NAND KISHORE  Oct 28, 2019 09:37 I Like It. | Report Abuse
Never open a/c in SHAREKHAN HE IS REDUCE YOUR MONEY. EVERYDAY IS SOFTWARE STEALING YOUR MONEY NOBODY CAN EARN THROUGH SHAREKHAN
Johney
6.2. Johney  Nov 5, 2019 02:56 I Like It. | Report Abuse
SHAREKHAN is a chor coy they are big thug. Do not deal with them

Sharekhan will make your credit to zero by debit ting your ac.
NAND KISHORE
5. NAND KISHORE  Oct 28, 2019 09:41 I Like It. | Report Abuse Reply
If you want to 100000 rupees change into 000If you want to 100000 rupees change into 000 go with SHAREKHAN.. never go with SHAREKHAN..
PRADIP KHANDU PATIL
4. PRADIP KHANDU PATIL  Oct 10, 2019 15:16 I Like It. | Report Abuse Reply
No Proper Response..
NAMIREDDY shashivardhan
3. NAMIREDDY shashivardhan  Apr 25, 2019 12:08 I Like It. | Report Abuse Reply
My Id is 2223733...I got profit of 11k+ on 28 th Mar 19...they did not credit me anything...upon asking ambala branch..they are saying that I have traded 45 lots of BNf ...which was amounting to 52 200/-.despite my repeated talks their version of answering is completely baseless...I was not even having 52K in my dp account...now they are saying that we have given you that limit...which I did not asked for& they did not ever before....when they struck in their ownwords they say aapne aisa kiya hoga ,koi our aap ka account se trade kiya hoga...tell me who else can trade with my money other than share Khan....I asked for my trading details ,which were not even provided to me ,they say we will mail you....


digvijay patil
2. digvijay patil  Jun 3, 2017 22:52 I Like It. | Report Abuse Reply
Intraday & Dilivery brokarage is high. Exchange transaction charge is high.
m sujatha
2.1. m sujatha  Nov 28, 2017 12:11 I Like It. | Report Abuse
Delay payment charges are very high and selling the deliveries their own.

regards
digvijay patil
1. digvijay patil  Jun 3, 2017 22:50 I Like It. | Report Abuse Reply
Dilivery brokarage is high. Exchange transaction charge is high.








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