FREE Account Opening + No Clearing Fees
Loading...

Feedback Message Board



1 Comments

1. Baiju Mehta   I Like It. |Report Abuse|  Link|May 18, 2019 4:53:37 PMReply
Be careful from your relationship manager. Check with two stage security from their department. Never trust for TIPS on Share market. Do not allow them to invest your money on your behalf. Kotak has no grievance cell or department. They are very liberal in fraud case. They are very soft towards culprit. Take care about your money.
1.1. Bikram Kumar Jena   I Like It. |Report Abuse|  Link|July 20, 2019 12:26:03 PM
very true. This company resorts to fraud practices
1.2. Nandini Mukerjee   I Like It. |Report Abuse|  Link|July 20, 2019 8:57:39 PM
20/07/2019.
Very True. In my case Deputy Manager - Branch Sales Mr. Raut (AD-77, Salt Lake) explained to me that Margin trading is not very risky. He made me transfer my SBI shares to Kotak. Then the broker (Vikash) kept on buying shares in large quantities - at the top & sold them at the bottom. When margin calls came my SBI shares were systematically sold off. For one & half month I wanted the broker to close all the trades but he insisted on buying - saying this is how trading is done. Finally when he closed all the trades I had lost ₹1,70,000 approx. This happened at the Kolkata - Salt Lake branch office. And I have no idea where to go for help.