Dear Sir, I was starting a frenchies since 2008 with SBI CAP SECURITIES LTD. In this company I was dealing with Vaishali mahadeshwaran and Mr. Sanjay Potte. As per telephonic talk with him they told me that being a SBI CAP frenchies you will gets lots of benefit likes… Brand Name of SBI, Ratio of 60:40 Online Trading Platform for Customer, First 100 account opening free, Ø They told me that right now SBI is joint partner with Motilal Oswal in Stock Market business but in a short time SBI convert its Stock Market business with its subsidiary company SBI CAP SEC LTD. So you will also get benefit from SBI. But till now SBI and SBI CAP SEC LTD doing business separately. We didn’t get benefit from SBI. Ø They didn’t provide Online Trading Platform to our Customer, Since 2008 to till now they didn’t provide online trading platform to our client. In this period more & more client want online trading platform. So This kind of policy we lost our client and also we lost our business. Ø They didn’t provide First 100 account opening free They told me that you will get 100 account opening free but after account opening and without any prior information they charge 400 Rs. As a frenking charges. Our client disagree with this type of charges and told me that you are not a trusted person. And our client not ready to give this amount. They used fake(fraud) marketing for made us its frenchies. Now SBI CAP Pressurise us to close the frenchies and clear all client debit and other charges from us. We inform SBICAP that against your account opening charges and without online trading our client not agree with this kind of cheating and they are not agree to running account so please freedge and suspend these account.

Complainant Information
name- SNRAJPUT