FREE Account Opening + No Clearing Fees

Sharekhan Complaints

Sharekhan Detail

Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Designed for the Serious and established in 2000, Sharekhan is a full-service stock broking firm that is also considered as one of the pioneers in retail online broking and digital investments in India. It offers online trading and investing services for brokerage through its online trading platforms: Website (, TradeTiger (desktop trading software), the Sharekhan app and the InvesTiger app (both available for Android and iOS devices). Designed for serious Investors and Trader... 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 2023-24 34 245,176
NSE 2023-24 184 665,129
BSE 2022-23 32 197,816
NSE 2022-23 178 694,334
BSE 2021-22 24 154,645
NSE 2021-22 292 764,250
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

Active Clients665129694334764250
Resolved through the exchange171149217
Non actionable91860
Advised / Opted for arbitration033
Pending for redressal with exchange4812
No. of arbitration filed by clients178
Decided by arbitrators in favour of the clients176
Decided by the arbitrators001
Pending for redressal with arbitrators002

Sharekhan complaint at BSE

Active Clients245176197816154645
Resolved through the exchange342924
Non actionable633
Advised / Opted for arbitration100
Pending for redressal with exchange030
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

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews


12. BimlaChaudhary   I Like It. |Report Abuse|  Link|July 4, 2023 9:14:28 PMReply
My account with Sharekhan-- is since long period. Sharekhan daily send a message of dues Rs. 294.54 which doesn't relate to me. Since three years I am getting message once or sometimes twice a day. I wrote them about this foolishness. But of no use.
11. clifford dsouza   I Like It. |Report Abuse|  Link|March 3, 2023 6:24:11 PMReply
Pathetic service, no common sense , no service at all, only high charges. slight . After funding A/c they sell shares their own. who will take responsibilities
10. chetan shah   I Like It. |Report Abuse|  Link|July 29, 2021 12:55:30 PMReply
Many times I received call from other company (new comer) for marketing purpose and telling me that you are holding demat account in sharekhan. They also offer less brokerage / promise for good service than sharekhan etc... I understand it is part of marketing. My question is How they come to know that I am holding demat account in sharekhan. From where they get this information, is sharekhan provide the detail ? I have also complaint in sharekhan customer care, but not received any reply.

10.1. Vihesh   I Like It. |Report Abuse|  Link|December 24, 2021 2:35:01 PM
Mr Devangg Kamdar Sharekhan Mumbai is a fraud and criminal. He is threatening HNI clients to join his own sub Broking company.
9. Hardik   I Like It. |Report Abuse|  Link|November 22, 2021 4:39:23 PMReply
Bakvaas app he koy answer de nhi raha subh se ignore kro sharekhan ko koy mat kro dement account open fasoge sab fasana inka kam he
8. Pratik   I Like It. |Report Abuse|  Link|March 5, 2021 11:49:53 AMReply
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.
7. Bharat   I Like It. 1|Report Abuse|  Link|July 8, 2019 10:58:53 AMReply
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.
7.1. Krishnamyl   I Like It. |Report Abuse|  Link|December 15, 2020 12:48:54 PM
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.

6. Sree   I Like It. |Report Abuse|  Link|May 17, 2019 6:08:12 PMReply
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.
6.1. NAND KISHORE   I Like It. |Report Abuse|  Link|October 28, 2019 9:37:19 AM
6.2. Johney   I Like It. |Report Abuse|  Link|November 5, 2019 2:56:42 AM
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.
5. NAND KISHORE   I Like It. |Report Abuse|  Link|October 28, 2019 9:41:48 AMReply
If you want to 100000 rupees change into 000If you want to 100000 rupees change into 000 go with SHAREKHAN.. never go with SHAREKHAN..
4. PRADIP KHANDU PATIL   I Like It. |Report Abuse|  Link|October 10, 2019 3:16:02 PMReply
No Proper Response..
3. NAMIREDDY shashivardhan   I Like It. |Report Abuse|  Link|April 25, 2019 12:08:40 PMReply
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 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....

2. digvijay patil   I Like It. |Report Abuse|  Link|June 3, 2017 10:52:36 PMReply
Intraday & Dilivery brokarage is high. Exchange transaction charge is high.
2.1. m sujatha   I Like It. |Report Abuse|  Link|November 28, 2017 12:11:32 PM
Delay payment charges are very high and selling the deliveries their own.

1. digvijay patil   I Like It. |Report Abuse|  Link|June 3, 2017 10:50:30 PMReply
Dilivery brokarage is high. Exchange transaction charge is high.