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Consumer Report

India
The following is a consumer report of the Brokerage Services from Anand Rathi Financial Services Limited. It contains statistics of consumer complaints, consumer court data, consumer cases, customer criticisms, customer praises, consumer reviews and public interest in general about the product. This consumer report is only applicable to consumers in India.

AnandRathi Brokerage Services

AnandRathi Brokerage Services image
From Anand Rathi Financial Services Limited
In Finance > Wealth_Management > Brokerage_Serv...
Approximate Price INR .00
Click here to see the higher ranked product in this category.5
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(Rank out of 39)
Report Effective Date May 24, 2012
Daddy Says ''This Product is too new in our database to provide an opinion about.''
Product is below average

Consumer Satisfaction

4.50
(Below Average score out of 10.00)
Anand Rathi Financial Services Limited provides the entire gamut of financial services. AnandRathi (AR) was established in 1994. AR provides a breadth of financial and advisory services including wealth management, investment banking, corporate advisory, brokerage and distribution of equities, commodities, mutual funds and insurance, structured products - all of which are supported by powerful research teams. AnandRathi provides end-to-end equity solutions to individual investors. Consistent delivery of high quality advice on individual stocks, sector trends and investment strategy has established a competent and reliable research unit across the country. Clients can trade through AR online on BSE and NSE for both equities and derivatives. They are supported by dedicated sales and trading teams in trading desks across the country. Research and investment ideas can be accessed by clients either through their designated dealers, email, web or SMS
Consumerdaddy has no affiliation with Anand Rathi Financial Services Limited, any of its competitors, any consumer complaint redressal agencies, consumer courts or consumer forums. Consumerdaddy does not endorse or disapprove the use of its products and merely supplies data regarding consumer complaints, criticisms, praises, reviews and public interest in general about this product reported to us by our website customers / visitors. Data provided in this page is provided as is, without any implicit or explicit guarantees regarding its completeness, accuracy or reliability. Usage of this page must be strictly in accordance with the  terms and conditions of the website. The words consumer and customer are used interchangeably in the industry, so consumer complaints can also be referred to as customer complaints.Consumer Report for India
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Consumer Comments

 
 
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Consumer Reviews and Complaints

 
 
AnandRathi Brokerage ServicesProduct is Worst
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Brokerage Services  by Anand Rathi Financial ...
Complaint 1 Year ago by manetCSL 4.50
Anand Rathi executive contacted me with an offer If I start an account with 50000 Rs I will be charged a brokerage of 1.25 paisa for intraday transaction. No where he mentioned that this 50000 will not be available for trading but will be an advanced brokerage. As a part of procedure he took my sign on all the papers and reassured of good services. Only on the first day of trading when I started trading I realized I have no balance in my account and entire 50000 taken from me was an advanced brokerage. It was shock to me when he informed that I will have to deposit additional amount for trading. It was only than he informed me that the amount collected earlier is an advanced brokerage and will not be available as a limit for trading. I am not a big trader, when I contacted customer service for closing the account they mention amount will be forfeited. I was again shocked of this rude behavior.
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AnandRathi Brokerage ServicesProduct is Worst
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Brokerage Services  by Anand Rathi Financial ...
Complaint 1 Year ago by hema34CSL 4.50
I have applied for a demat account with Anand Rathi with brokerage of 0.01 for intraday and 0.10 for delivery segment. I placed a request online and their executive Mr. Raveev called me and confirmed regarding the brokerage structure. But that time he did not inform me about the advance brokerage of Rs.10051.00 will be charged for this brokerage structure. Then he sent his assistant Mr. Arvin to sign the form and that time also he did not inform about the advance brokerage of Rs.10051.00. After opening account, they debited Rs. 10051.00 in account and gave credit only Rs. 4949.00 out of Rs. 15000.00. After that I requested many times for reversal of this brokerage and convert my account as normal account but till date they did not reversed the same in my account and neither giving the appropriate time to resolve this matter. So, you please help me getting this amount back. My detail is as under : Clint Code : GDLDSH109 DP ID : 1201060001962830
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