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Motilal Oswal Customer Reviews, Complaints and Feedback (Page 2)


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With over 35 years of industry experience and a client base which expands to more than 50 lakhs, Motilal Oswal Financial Services Ltd. (MOFSL) has become synonymous with India's investment partner. Incorporated in the year 1987, the financial services firm offers trading services in Equity, Commodity, Currency and Derivatives. It also offers other products like Mutual Funds, IPOs, US Stocks, Gold, Insurance, Fixed Income products and readymade portfolios such as Stock Baskets, Intelligent Adviso... Motilal Oswal Review

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551 Comments

531. શ્રીપાલ શાહ   I Like It. |Report Abuse|  Link|October 24, 2023 10:15:06 PMReply
મોતીલાલ ઓસવાલ માં account ખોલવું એટલે જિંદગી ની મોટા માં મોટી ભુલ. જો જો કોઈ છેતરતા નહી.
530. Suman Mukhopadhyay   I Like It. 1|Report Abuse|  Link|May 24, 2023 5:14:11 PMReply
Don’t Trust Motilal Oswal Financial Services Ltd MotilalOswalLtd They only bother about their brokerage Specially New Comers should be avoid this company because, presently they are working as cheat fund organisation. The advisors are most unprofessional .

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Above Average
Website Usability - Above Average
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
530.1. Ravi Arora   I Like It. |Report Abuse|  Link|October 24, 2023 7:52:59 PM
Had a very bad experience with motilal Oswal mutual fund,when I phoned their helpline for redemption status was told not to phone on helpline but to send a mail to their customer care,, unfortunately the reply received to my mail was that the mail is not from my registered mail id ,, other'fund houses reply to mails instantly or give redemption status on their helpline,,,this fund house is not at all investor friendly,their care representatives lack customer friendly approach, never shall invest in this fund house
529. Zeny Bhanushali   I Like It. |Report Abuse|  Link|June 14, 2023 12:45:37 PMReply
Great Experience

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
529.1. Saptarshi Duari   I Like It. |Report Abuse|  Link|October 9, 2023 8:58:27 PM
PAID RATINGS by SOME ILL ADVISORS
528. Hitndar. B. Parmar   I Like It. |Report Abuse|  Link|September 9, 2023 7:40:38 PMReply



Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
528.1. Saptarshi Duari   I Like It. |Report Abuse|  Link|October 9, 2023 8:51:51 PM
PAID RATINGS by SOME ILL ADVISORS
527. harsh   I Like It. |Report Abuse|  Link|December 16, 2022 11:03:14 AMReply
EVERYTHING IS PERFECT

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
527.1. vidya K   I Like It. |Report Abuse|  Link|August 17, 2023 12:36:41 PM
sub bakwas hain
527.2. Saptarshi Duari   I Like It. |Report Abuse|  Link|October 9, 2023 8:50:46 PM
PAID REVIEW.
526. Khushi patel   I Like It. |Report Abuse|  Link|October 5, 2023 4:44:47 PMReply
Very bad service, They insisted a lot on me at a seminar to attend and put my shares up for sale and I never gave permission, I always said no because I was leaving the country, the girl told me to give her a code but I didn't explain why I didn't say OTP either. She told me a code for something and I gave it to her but she never explained to me that my shares were going to be sold and now they sold it and they are not returning my money and I sent a cancellation but they cut off my money from another month and they still haven't canceled me , joining motilal oswal is the worst thing you can do, only do it if you want to see your money in the water

526.1. Ved Prakash Agarwal   I Like It. |Report Abuse|  Link|October 7, 2023 7:53:04 AM
हम भी आपकी तरह परेशान हैं और हम आपकी बात का समर्थन करते हैं। ये महाभ्रष्ट, बेईमान और धोखेबाज कंपनी है।इनके सलाहकार सबके बाप हैं।हमने सेबी ,MCX,NSE, PMO, उपभोक्ता मंत्रालय, वित्त मंत्रालय और Arbitration में भी शिकायत कर चुके हैं। लेकिन वही ढांक के तीन पात वाली कहावत है‌,जो बिल्कुल सही है।केवल कंपनी की ही सुनी जाती है और कंपनी द्वारा प्रस्तुत जाली दस्तावेजो के आधार को सही मानकर फैसला करते हैं। हमारे पास कंपनी के खिलाफ Fake EKYC और जाली दस्तावेज भी है। जो कंपनी को भृष्ट साबित करने को काफी थे।
526.2. Saptarshi Duari   I Like It. |Report Abuse|  Link|October 9, 2023 8:49:42 PM
Same happened here.
525. bhanu   I Like It. 1|Report Abuse|  Link|September 29, 2023 8:01:53 PMReply
I opened DeMAT account with Motilal Oswal on the advise of one well wisher and friend. I had deposited Rs. 15 lakhs. The adviser told that he would transfer to another adviser whose name is Praveen who was incompetent. He indulged in F&O trading with telephonic permission. Went on booking losses and totally I lost Rs. 8.5 lakhs of hard earned money. No senior is tracking the portfolio. He also invested in currency and again lost money. Any F&O should be accompanied by hedging and stop loss . We depend on experts who are appointed by the broker company. The adviser was incompetent and his senior had no feeling that I have lost money. I do understand that F&O trading is risky and that is the reason we take the broker as adviser. But it is the company and its whole higher ups and hierarchy lack the responsibility. No response at all from any one. Overall very bad experience with MOSL. I wish that someone from MOSL will reply and also compensate by additional actions. This was in FY 2022-23
This is my experience.
Regards
bhanu
525.1. Saptarshi Duari   I Like It. |Report Abuse|  Link|October 9, 2023 8:49:11 PM
Same happened with me.
524. Saptarshi Duari   I Like It. |Report Abuse|  Link|October 9, 2023 8:46:11 PMReply
Never fall in the trap of its advisors. You will loose all your money for fulfilling their targets.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
523. Sahu   I Like It. 1|Report Abuse|  Link|April 21, 2023 8:39:31 AMReply
Motilal is a frod app all advisor behaviour very bad don't use motilal oswal any peoples

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
523.1. Jagdeep   I Like It. 1|Report Abuse|  Link|July 13, 2023 6:08:23 PM
Motilal Oswal is Very bad company please those who have account pls close soon as possible they r the cheeter i have lost my 20 k unnecessarily by trading with there opinion
522. Ajay Chaturvedi   I Like It. 1|Report Abuse|  Link|August 4, 2023 6:30:52 PMReply
PLEASE DON'T DEAL WITH MOTILAL OSWAL AS THEY ARE THROUGHLY UNPROFESSINAL COMPANY IN ALL ASPECT OF BROKING CHARGES/AMC/DEMAT PLEDGE/UNPLEDGE, ADMIN CHARGES, FAILED ADVISIORY, PEAK MARGIN CHARGES PENALTY AND VERY COMMON GENERAL RESPONSE ON YOUR MULTIPLE QUERIES AND CONCERNS. PLEASE HUMBLE REQUEST TO TOTALLY AVOID THIS BROKING COMPANY.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
521. vidya K   I Like It. 1|Report Abuse|  Link|August 17, 2023 12:35:07 PMReply
Motilal Oswal is bakwas. Don't open account with them and entertain them for anything . The whole people in the organization are fake . They dont have any knowledge about trading or options. they only try to take brokerage from you.
sub kutte hain. Don't lose ur money by opening account with them.
Sabase bada kutta Pankaj hain. khud ko advisory batake paise lutata hain app se.
520. Usha Sampath   I Like It. 1|Report Abuse|  Link|August 23, 2023 9:59:57 AMReply
Worst service
520.1. Ravindra bhatt   I Like It. 1|Report Abuse|  Link|August 25, 2023 10:13:13 PM
Right Motilal Oswal, this company is also a thief and useless fund advisor is also a thief.//Motilal Oswal should not invest in this company even by mistake.
519. Rakesh Gupta   I Like It. 1|Report Abuse|  Link|August 28, 2023 9:50:14 AMReply
The advisors are very cunning and will get you heavy losses, and no one is there to stop them. Ramdeo Agarwal has given them free hand to loot.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Below Average
Research Capabilities - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
518. ajay   I Like It. 1|Report Abuse|  Link|June 6, 2023 3:16:37 PMReply
Bakwas company, dont ever trade through them, dont waste your hard earned money on this company, they spend your money as if they got it free (somewhere on road), they are looters, they only care for their fees, whether customer gains or losses non of their concern...

they work like the MET dept of India who predicts rain by looking at the sky, today it will rain, tomorrow it wiil, today it wont.. same way MO guys predict whether it will fall or rise...

517. Sameer patrawala   I Like It. 1|Report Abuse|  Link|September 28, 2023 4:23:43 PMReply
Motilal Oswal is really a fraud company they have made my investments to zero they are biggest cheater and fraud that they have made my investments to zero my hard earned money for my old age has is lost i completely. There advisers are too good to loot you with there fraud chat they made me invest in dollars there my whole money got zero. please don't invest in Motilal Oswal company of no1 fraud
516. Mayur Desai   I Like It. |Report Abuse|  Link|September 28, 2023 8:15:53 AMReply
Motilal Oswal semi registered company hai.
Trust karne me Dhyan de sabhi
Mujhe sabse kharab experience Motilal OSWAL se hua hai.
Sabse kharab experience mujhe Motilal Oswal me hua hai and ye company uske sabhi employees ko fraud karna hi sikhati hai.
Motilal Oswal ki service support ekdam ghatiya hai and koi bhi employees consumers ki bat hi nahi sunega
Sabhi employees ke pass trading ka koi experience nahi hai and fraud karte hai
Meri simple advice hai ki koi Motilal ke sath trading na kare usme hi apki bhalai hai.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
515. Hemant Bothra   I Like It. |Report Abuse|  Link|September 5, 2023 12:55:23 PMReply
Motilal Oswal a big fraud company. One can't even withdrawal his/her own money from them fully. Even after charging brokerage on every trade (Delivery - Buy & Sell) they charge additionally(Rs. 41.40 as DP TRANSACTION Charges) on every sell. Overall no one is there to respond for complaints. There is no as such department for Customer Service / grievance. They have just given the target to their employees to open the Accounts. And, later on other department keeps on calling for different trade and services. (Currency, Commodity, F&O, other advisory services etc.) . As and when they want they will deduct the client money as they are having it with them.
514. Anis Akbar Shaikh   I Like It. |Report Abuse|  Link|September 2, 2023 4:34:51 PMReply
Dear bank one of your employees has taken 37000 rs me in cash from me has not given me receipt yet his name is Santosh sonwane. previously he was with Hadapsar branch now he is in pimpri branch.he is a bloody choor
I request people please don't pay him any penny
513. Ravindra bhatt   I Like It. |Report Abuse|  Link|August 22, 2023 12:27:51 AMReply
motilal oswal ke fund advisor apne motilal company ka profit karva raha hai aur client ka loss karva raha hai aur fund advisor apne salary nikala raha hai aur kuch nhi hai client ka loss ho raha hai hone do koi baat nhi /Fund advisor of motilal oswal is making profit of his motilal company and loss of client/
motilal oswal this is very useless company to do any trading Aur fund advisor is useless
512. Rahim   I Like It. |Report Abuse|  Link|August 9, 2023 8:19:27 AMReply
THEY ARE BUNCH OF FRAUDSTERS. THEY MAIN MOTIVE IS TO MAKE MONEY FROM CUSTOMERS AND NOT TO MAKE MONEY FOR THEIR CUSTOMERS. THEY VERY OFTEN COMPEL THEIR CUSTOMERS TO BUY FUNDS BY MISLEADING THEM AND THEY WILL SEE TO IT THAT THEY GET MORE COMMISSION ON SUCH PUSH PRODUCTS OF FUNDS. THEY ALSO COMPEL THE CUSTOMERS TO AGREE FOR INTRA DAY OR POSITIONAL TRADES IN DERIVATIES SO THAT THEY GET MORE BORKERAGE AND COMMISSION. THEY RECOMMEND UNWANTED TRADES TO THE CUSTOMERS BUT THOSE TRADES WILL ONLY BENEFIT THEM. IF YOU NEED A RELIABLE SERVICE TO EARN GO WITH BENARMSTRONG-TRADES, YOU DONT NEED DPING ANALYSIS, WITH COPY TRADING AND THE ACCOUNT MANAGERS YOU ARE SURE TO EARN, UNLIKE MOTILSL THAT GIVES YOU WRONG ADVICES

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