Zerodha — Beware of ZERODHA

Address: Mumbai City, Maharashtra

Never trust Zerodha. They are fraud. Never meet their words and promises. Their sales team lures you with false promises and then once you are in the trap, they show their real color. Zerodha sales team promised me (12th March 2013) that within 7 days a demat account will be opened. I was in urgent need of demat account as I need to hold debenture in my demat account. Based on this 7 days promise I decided to open the account with Zerodha. But even after 11 days it hasn't opened. They are cheat and fraud. After 7 days of constant follow up, their operational team confirmed that it will be done on 11th day morning. This was extreme deadline as I had corporate action coming up. First they promised morning, then they said it will be done in few hours and then they said it will be done by EOD. The customer care representative, Shamantha, first promised it'll be done in the morning, then several hours, then she said it will be done by EOD. The reperesentative doesnt do her job properly. On calling their customer care number, every time they note down your number and promise that you will get a call back but never call back actually. It's their job to follow up with the teams and get back with the status. But Shamantha, in turn asked me to follow up with IL&FS myself if I was in that hurry. at 5:30 pm I again asked them for the DMAT acount number, but she said, it will be done by EOD. I said it's already office closing time but she said EOD means 8:00 pm!! They should know the working hours of their affiliates but to my surprise, they said the demat account cant be open even on the EOD of 11th day, as the IL&FS office is closed down today, it can't be opened today. It's really heights of irresponsibility and fake promises. Never trust these guys.
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Apologies for the delay, Mr. Pravesh. Sometimes these account opening processes get delayed because of backlogs or some documentation issue. You can rest assured that our team was treating this case as priority.

Your demat account is now open. You can trade EQ using the CNC product code and buy/sell for Delivery.

Do get in touch with us if you have any other questions or concerns. Visit www.zerodha.com/z-connect to learn more about our products and services. Check out www.tradingqna.com, India's only Q&A website for trading. Join www.zerodha.com/varsity and get financial literacy for free.
they have started tis company only to steal the client's money eventhough you are paying their brokarage. still they are greed to steal anyway. they use all the fraud technics to get money.i request all who are reading this message please stay away from this frauds.they dont even have 0.[protected] % faith/thankful to the client who is actually paying for their food in the name of brokarage. they are not loyal to what they eat.any company/person who is not thankful to what they get, is sure to screw themselves. time may vary.but 100% it will be done. you can see the truth o[censored]niverse.

i wish to see their ending and that too need to be very much brut. if it not happnes then there is one thing is sure. that is, there is no god. you can do all the illegal activities without any fear.because they are the real life proof that you can do any bad things. nothing will happen to you.
they have started tis company only to steal the client's money eventhough you are paying their brokarage. still they are greed to steal anyway. they use all the fraud technics to get money.i request all who are reading this message please stay away from this frauds.they dont even have 0.[protected] % faith/thankful to the client who is actually paying for their food in the name of brokarage. they are not loyal to what they eat.any company/person who is not thankful to what they get, is sure to screw themselves. time may vary.but 100% it will be done. you can see the truth o[censored]niverse.

i wish to see their ending and that too need to be very much brut. if it not happnes then there is one thing is sure. that is, there is no god. you can do all the illegal and bad activities without any fear.because they are the real life proof that you can do any bad things. nothing will happen to you.

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    Zerodha Phone
    +91 80 4040 2020
    +91 80 3310 2020
    Zerodha Address
    #153/154, 4th Cross, Dollars Colony, J.P Nagar 4th Phase, Bangalore South, India - 560078
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