Sharekhan Help

N

newguy123

New Member
#1
#1
Hello guys ,
I am new to trading n all .So, it wud be great if you can help me .... :)

In order to open a demat and trading account i called upon Sharekhan and they send there representatives to my home . As my initial investment was 15000Rs , so they told me to make cheques of Rs. 10000, Rs . 5000 and Rs.750 in the name of "Sharekhan Ltd" . They said 750 Rs was for some prepaid work and this money can be used later against my brokerage charges .
But the thing is, they didn't gave me any receipt for these cheques or any other document at all . I have given them documents like pancard, address proof and acc statement(xerox) and also i signed at various places in the brochure of sharekhan account opening form .

Now technically they have my Rs 15750 and i have no proof that i have given this money (Literally i don't have even a single piece of document from Sharekhan)
And also they were saying that they may add something in the cheque payee name after "Sharekhan Ltd." .

Have i made any mistake in giving them cheques . Or is this the normal procedure . Or shud i stop the cheque tomorrow from my bank .
Literally i feel like i have lose money even before betting:(

So, guys can you please shed some light on Sharekhan working in the normal circumstances .
Please help !! Fellow members
Thanx in advance




PS - Sorry , if i have asked in wrong section .
 
R

ram2010

Well-Known Member
#2
#2
newguy123 said:
Hello guys ,
I am new to trading n all .So, it wud be great if you can help me .... :)

In order to open a demat and trading account i called upon Sharekhan and they send there representatives to my home . As my initial investment was 15000Rs , so they told me to make cheques of Rs. 10000, Rs . 5000 and Rs.750 in the name of "Sharekhan Ltd" . They said 750 Rs was for some prepaid work and this money can be used later against my brokerage charges .
But the thing is, they didn't gave me any receipt for these cheques or any other document at all . I have given them documents like pancard, address proof and acc statement(xerox) and also i signed at various places in the brochure of sharekhan account opening form .

Now technically they have my Rs 15750 and i have no proof that i have given this money (Literally i don't have even a single piece of document from Sharekhan)
And also they were saying that they may add something in the cheque payee name after "Sharekhan Ltd." .

Have i made any mistake in giving them cheques . Or is this the normal procedure . Or shud i stop the cheque tomorrow from my bank .
Literally i feel like i have lose money even before betting:(

So, guys can you please shed some light on Sharekhan working in the normal circumstances .
Please help !! Fellow members
Thanx in advance




PS - Sorry , if i have asked in wrong section .
Click to expand...

This is normal procedure.You have given cheques, (not cash).

Giving cheque itself is a proof.

check your ledger balance, whether 15000 has been credited to your account after account opening.

if account opening is free, then 750 rs should also be credited to your trading account.

check your transaction sms and mail from nse daily.

check your ledger balance daily.
 
classifiedindian

classifiedindian

Active Member
#3
#3
newguy123 said:
Hello guys ,
I am new to trading n all .So, it wud be great if you can help me .... :)

In order to open a demat and trading account i called upon Sharekhan and they send there representatives to my home . As my initial investment was 15000Rs , so they told me to make cheques of Rs. 10000, Rs . 5000 and Rs.750 in the name of "Sharekhan Ltd" . They said 750 Rs was for some prepaid work and this money can be used later against my brokerage charges .
But the thing is, they didn't gave me any receipt for these cheques or any other document at all . I have given them documents like pancard, address proof and acc statement(xerox) and also i signed at various places in the brochure of sharekhan account opening form .

Now technically they have my Rs 15750 and i have no proof that i have given this money (Literally i don't have even a single piece of document from Sharekhan)
And also they were saying that they may add something in the cheque payee name after "Sharekhan Ltd." .

Have i made any mistake in giving them cheques . Or is this the normal procedure . Or shud i stop the cheque tomorrow from my bank .
Literally i feel like i have lose money even before betting:(

So, guys can you please shed some light on Sharekhan working in the normal circumstances .
Please help !! Fellow members
Thanx in advance




PS - Sorry , if i have asked in wrong section .
Click to expand...
Relax buddy! Your money is not going to go anywhere! A cheque payment is as good as a getting a receipt for the same.
 
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