IndiaBulls Complaints &amp; Reviews

Dear Sir/Ma'am,

This is in regard to my trading account with IndiaBulls securities Ltd ,Ambala Cantt.
They always boost about their low cost trading and prompt and dedicated Relationship Managers at branches to grab new accounts in their dragnet.
Once the client starts trading with them they adopt quite a shrewd approach to cause a dent in the client's pocket.

When I visited IndiaBulls...

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I have opened a Trading account with Indiabulls after there repeated followup.However i was more than happy with my ICICI Direct Account -(Trading with them since last couple of years) but since they charge more brokerage as compared to others hence was looking to open another account.

These guys follow-up and promised me brokerage of 0.2% on delivery and 0.02% on intra-day - irrespective of amount of trade or quality of trade.I...

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SIR, IN HVE AN DEMAT ACCOUT IN INDIABULLS SECURITIES LIMITED IN SEC-15,MAIN MRT FARIDABAD(ACNO-FB-2110).IHAVE PURCHASED100SHARE [protected]@85.30 DT-19.01.2010 + 60 SHARE [protected]@82.95DT-20.01.2010 & MADE PAYMENT BY CH NO-012375 AMT-13600 DT21.01.2010 (GRACE TIME BY COMPANY 7DAYS).OTHER I PURCHASED [protected]@81.25DT[protected] ,[protected]@77.45+100SHARE [protected]@78.80 & MADE PAYMENT ON 25.01.2010.CH NO-012377 AMT-24500.0N 27.01.2010...

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I want to compalint against India Bulls Pvt Ltd, a finance company with branches all over India.

The company gives no National Holidays, Forces the employees to work on Sundays and late till nights (even beyond 12:00 am and sometimes working till 3-4 am). The company has no regards for its employees and do whats suits them best. The company gives holidays as per its convenience. Employees have worked on 26th January, 15th...

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Dear sir,

Request you to pls help me out to get my relieving letter and my salaries from Indiabulls financial services ltd . I, Sushil Kumar Dixit, has joined indiabulls financial services Ltd as a Sales manager for panipat location on dated 22nd May 2008.

My concerns are:

A) Salary:

1-From January 2009 onwards I was not getting my salary while as per my salary slip it was showing...

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HI ALL

I JUST HAD OPENED A COMMODITY A/C WITH THIS FIRM BY THE R.M NAMED TINA BOSE AN EMPLOYEE OF,
STEPHEN HOUSE ,KOLKATA-01
DEAR ALL
DONT TRUST ON THIS RM COMMITMENT THEY R TOTALLY BOGUS AND NOTHING IN WORK IF YOU WANT TO HARASS AND DONT WANT TO DO BUSNIESS THEN MUST OPEN A A/C WITH THEM...

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Never trust these Relationship Managers of Indiabulls. This caution is for all the people who are thinking of handing over their hard earned money after being presented a rosy picture by these fellows.

I have just opened a demat account with Indiabulls when their RM approached me with a promise of an assured return and make me invest Rs. 10K on 31st Dec 2009 claiming they have some inside information about the market on that...

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Respected Sir,

My name is Shashikant R.Sharma. My EPF no is HR/GGN/28509/101 I havae submitted pf withdrwal form before 6 months but epf department does not give me clearence & statements of pf deposited.pls suggest me that how i recieve my money. My sincere request to you is to please look into this and help me get my money as early as possible. Looking forward for your help & guidance.

Regards,br...

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I had tried contacting my reporting head, but nobody is responding me,
i have been frustrated after calling them again and again &i have
also frustrated to sending mail again & again please let
me know the professional way to get my salary and salary slip.
if you are able to help me then revert me back please.
back . my Employee id is 163827 my circle head is Mr Amiteshwar Choudhery
&...

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I am an ex-employee of Indiabulls Securities Ltd., Dhanbad Branch with employee code ISL/8290. Inspite of very good performance previously I have to resign from my service due to recession last year. As per company norm I have served the notice period of 1 month. But unfortunately even after several reminder they have blocked my salary of 50 days. Please guide what to do....

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Dear Sir/Madam,

My name is SHASHIKANT R SHARMAand EPF No. is HR/GGN/28509/101. I have submitted my PF form on MARCH, 2009 and i was told that i would get the amount in 45 working days or a max of 3 months, however still now i am waiting for the clearence. I have called in EPF Office gurgaon to inquire about the status but the PRO said that it will take 6 month in case of EPF Gurgaon. Please find attached the recorded conversation...

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Dear Sir/Madam,

Sub. : Non Credit of 2100 Eq. Shares in D.P. Account of Indiabulls Power Ltd.

With reference to above I have applied for 2100 shares of IB Power ltd. vide application no. 43423492 and have been allotted 2100 shares on 25/10/2009. Due to bidding mistake CDSL D.P. Account Number has been taken wrong. As soon as I come to know the mistake immediately I send a scanned copy of client master Id of...

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If the company have no fundamantal prepartion & without any proper documentation why govt. approve the IPO for investment. ... I have submitted application of 300 share of Indiabull power 45/- it is now 33/- on very second or third day... who is playing our money over that ... can u check the companies proper details by CBI might be they are involve in paying a roll of terrarisum & curruption..... this is a fraud company .. &...

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I am having a Demat Acccount with Indiabulls Securities Ltd. where my client ID is10310147 and Trading Code is C43682.

I find that they are frequently charging me DP Charges. The latest example being as follows:

--Bill No.ISLNDLSBILL/08-09/LPP-008182 for the period 1.08.2009 to 31.08.2009

-30.4.09 DP Charges for Bill No.1845 Dt.30.04.2009 Rs.44.12
31.05.09 _--D[protected]...

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In 2004/2005 my account was opened by ahmedabad branch manager - vanesh panchal. Subsequently Blank Stamp papers were forwarded to sign and return. I refused to sign blank stamp papers. I objected to such modus operandi. My paid and purchased shares were blocked and not delivered. All my outstanding trades were squared by them. On objecting to the branch manager, he pleaded by mistake has been done. all such trades were again done by them...

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Hi

MY name is Neetu vijay and i was to apply a home loan through indiabulls home finance MUmbai khar branch.They had intiially approved my loan for Rs 38lakhs and taken all my documents and some security cheques stating that this is the regular procedure incase if my EMI ECS bounces and i gave them 24 cheques of my HDFC bank a/c.They were supposed to charge me a processing fees fo 1.25% for the loan amount against disbursement...

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Dear Sir/Mam,

This is regarding my Provident Fund.I was Empolyee Indiabulls Securities Ltd Kolkata Equity offline Branch my Empolyee Code IBCL18915 & PF NO DL/33499/8464 I have submitted my provident fund form in the month of March-2008 in Kolkata Branch but till now i have not received my Provident Fund .Please help me so that i can get it soon.

Regards,

Rakesh Kumar
mob no -[protected]...

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SIR,
I HAD TAKEN A PERSONAL LOAN FROM INDIABULLS CREDIT SERVICES LIMITED AT AHMEDABAD BRACNCH FOR RS.25000/- ON[protected] ON 24 EMI. & MY EMI AMOUNT WAS RS.1583/- . MY PERSONAL LOAN A/C.NO- S[protected]. I HAD COMPLETED MY LOAN ON MAY-2009, BUT TILL THEY HAVE BEEN DEDUCTING THE EMI OF RS.1583/= TILL DATE DIRECTLY FROM BANK. I HAD TRY TO CONTACT THEM, I WILL NOT GETTING ANY REPLY FROM THE CONTACT NU, MBERS.
I AM A MIDDLE...

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