I have account in Motilal oswal. When I opened my account there was no minimum brokerage, but from 01.04.2009 they imposed a minimum brokerage of Rs.20/- per trade without my consent. Thay charge me an annual fee of roughly Rs.400-500/- for providing free demat service. But once I submitted delivery of shares through delivery instruction and to my surprise they charged me for that. I wrote to them lots of time but they did not respond and contimue to charge me higher. They also have shrunk all their branches in Kolkata and now have just one branch in entire kolkata. Is this cheating or not? BEWARE OF THIS FRAUD called MOTILAL OSWAL
I have account in Motilal oswal. When I opened my account there was no minimum brokerage, but from 01.04.2009 they imposed a minimum brokerage of Rs.20/- per trade without my consent. Thay charge me an annual fee of roughly Rs.400-500/- for providing free demat service. But once I submitted delivery of shares through delivery instruction and to my surprise they charged me for that. I wrote to them lots of time but they did not respond and contimue to charge me higher. They also have shrunk all their branches in Kolkata and now have just one branch in entire kolkata. Is this cheating or not? BEWARE OF THIS FRAUD called MOTILAL OSWAL
I have account in Motilal oswal. When I opened my account there was no minimum brokerage, but from 01.04.2009 they imposed a minimum brokerage of Rs.20/- per trade without my consent. Thay charge me an annual fee of roughly Rs.400-500/- for providing free demat service. But once I submitted delivery of shares through delivery instruction and to my surprise they charged me for that. I wrote to them lots of time but they did not respond and contimue to charge me higher. They also have shrunk all their branches in Kolkata and now have just one branch in entire kolkata. Is this cheating or not? BEWARE OF THIS FRAUD called MOTILAL OSWAL
I HAVE AN ONLINE ACCOUNT WITH MOTILAL OSWAL , WI PURCHASES 1 J.P @ M.P RS. 171.20 TO KNOW ABT THE BROKAGE IT CHARGES , AND WHEN IT COME TO ME IT COME @ RS. 193.38 , AND I GOT MAD , AND NOW I HAVE TO CHANGE MY ACCOUNT , PLZ SUGGEST ME GOOD BROKER , WHO R LOYAL NOT FAKE
Re: MOTILAL OSWAL IS MOST EXPENSIVE. BEWARE !
by Jaykrushna Nadpara on Dec 08, 2009 04:46 PM
abe pagal...Do not Buy single share...Instead of changing your Account..Increase your Investment ammount..Because minimum delivery charges will be always there in any account..
Re: Re: MOTILAL OSWAL IS MOST EXPENSIVE. BEWARE !
by nithesh on Dec 24, 2009 11:05 PM
If you are looking forward to change the investment broker i would suggest u indiainfoline bcoz of their infrastructure and brokerage..But you have to invest more otherwise the brokerage will hurt u as the brokerage firms takes brokerage for them both while buying and selling of shares ...
I already have a trading account with reliancemoney, recently I thought, I'm paying more for Rmoney ,so I planeed to open another Demat/Trading account so please guid me....
Re: Its useful article for selecting a trading/demat account.
by sachin namdev on Jun 13, 2009 03:05 PM
i sugges sharekhan in 3 paisa 30paisa sachin namdev sub broker 98898777077
Re: Its useful article for selecting a trading/demat account.
by nithesh on Dec 24, 2009 11:13 PM
I would suggest u indiainfoline .. Relationship manager(nithesh 9884102828) For any queries call me. ALways their to service u.
Dont just fall seeeing the brokerage their are more to it .Like Amc (annual maintanence charges ) and various other things .. So investigate about all these things and get into it any brokerage firm..
