cheated on borkerage rates - INDIABULLS

#11
Hi Friends,

Thanks for your valuable suggestions.
Today i drafted a mail to all the persons of SEBI (from this pdf) and CC-ing indiabulls.

Within 2 hours the RM called me, apologized, and said that brokerage rates has been reduced to what was promised to me at the time of account opening. :thumb:
They were literally begging to me for drafting a reply on that mail stating the issue has been resolved, else their job will be at stake :p

If you want the see that mail, then PM me your email id's and i will forward the same :)

SEBI rocks...:clap::clap:
 
#12
Hi Friends,

Thanks for your valuable suggestions.
Today i drafted a mail to all the persons of SEBI (from this pdf) and CC-ing indiabulls.

Within 2 hours the RM called me, apologized, and said that brokerage rates has been reduced to what was promised to me at the time of account opening. :thumb:
They were literally begging to me for drafting a reply on that mail stating the issue has been resolved, else their job will be at stake :p

If you want the see that mail, then PM me your email id's and i will forward the same :)

SEBI rocks...:clap::clap:

Yes this is the only way to teach such brokerages a lesson. All those people who have issues with their brokerages should try these methods to get the brokerages to respond otherwise the brokerages just think that this guy does not know anything and we can take him for a ride.
 
I

indiabulz

Guest
#13
Good to see a common man winning against a broker. Its not everyday that it happens this way. You will be an inspiration for many people.

Anyways, i have personally used Indiabulls and was totally dissatisfied by their brokerage. They say something and do somethimg else. Still i kept my a/c with them just for PIB. Remember a rule "Bigger the broker, bigger is the fraud." Motilal, Sharekhan, ICICI and name it. I had issues with all of them.

Now i have Integrated PIB-Amibroker-Angel. i.e. data through PIB, analysed with amibroker and auto-traded with Angel broking. Angel worked out well.

Regards
-Shyam
 
#14
Charged brokerage 10% i.e 2500 on Rs 25000 trade Sharekhan

Hi everyone,

Sharekhan charged me Rs 2500 on my FCS puchase of RS 1.10 X 25000 share.

They said me initially they are going to charge me 20 paisa on delivery but when i purchase script they said 10 paisa is the minimum brokerage rate of them and cant be changed

As per nse byelaw 2.5% brokerage is the maximum brokerage still they charge me 10%.
 

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