Like any other Reliance group company for consumer services, Reliance Money has an extremely poor IT Infrastructure which put clients to a Big Loss.
Some of the well known problems with Reliance Money Online Share Trading System are as follows,
1. Ticker on Reliance Money Online Portal doesn’t show curent prices but outdated.
2. Figures in cash ledger balance don’t match the number on contract note
3. Extremely poor customer care
What I wonder is how come portals such as ICICI Direct, reliance Money have been given permission from the SEBI when they are not at all compliant with SEBI regulations and are taking innocent Indian Investors for a ride. Is someone from SEBI reading this complaint ????
For more woes on Reliance Money, read the Outlook Money dated, 19 Nov.
I had similar experience with Reliance Money and the stock broker sold all my shares. The broker can easily get access to my account without my notice.
He sold my shares and now Reliance money is not helping me to get the shares back. I have lost 42000 Rs. I have written to SEBI, BSE and even President of India portal, but all in vain.
Nobody listens to poor customers in India. All the companies and officials are modern chor.
I had similar experience with Reliance Money and the stock broker sold all my shares. The broker can easily get access to my account without my notice.
He sold my shares and now Reliance money is not helping me to get the shares back. I have lost 42000 Rs. I have written to SEBI, BSE and even President of India portal, but all in vain.
Nobody listens to poor customers in India. All the companies and officials are modern chor.