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Sharekhan Consumer Complaints

Sharekhan Track Record Of Best Online Stock Broker In India

  • Life

    4

    Company Rating

  • Life

    540+

    Cities Covered

  • Life

    4 Lacs +

    Orders Per Day

  • Life

    60K Crore

    Daily Turnover

  • Life

    2.0 Millions

    Our Client Base

  • Life

    4.2

    Mobile App Rating

  • Life

    4

    Company Rating

  • Life

    540+

    Cities Covered

  • Life

    4 Lacs +

    Orders Per Day

  • Life

    60K Crore

    Daily Turnover

  • Life

    2.0 Millions

    Our Client Base

  • Life

    4.2

    Mobile App Rating

 
 
 

Sharekhan Account Opening Enquiry


 
 
 
 

Sharekhan Consumer Complaints

Sharekhan is one of the largest stock brokers in India. It was incorporated in the year 2000 and provides its brokerage services by its website. It has grown immensely since last 10 years and now is considered as the leading stock broker of India. The stock broker provides its services to all kind of customers that includes investors, traders, corporate, institutional and NRIs. It provides its trade execution facilities for the Equity Cash and derivatives segments on BSE and NSE, commodity facilities on MCX and NCDEX.
Sharekhan complaints are the reports that provide the detailed number of complaints that are received by the stock exchanges from the Sharekhan customers. The consumer complaint report analyses the online complaint data registered on the National Stock Exchanges. This report analyses the health of the broker.
The complaints are the serious grievances that are against Sharekhan broker which the customer and the broker failed to resolve. The customer then files these legal complaints with the stock exchange. The number of complaints also provides the number of active clients. This further determines the health of the broker.

Sharekhan Consumer Complaint on Yearly basis

Exchange

Financial Year

Number of Clients 

Total Complaints

BSE

2020-21

120,855

6

NSE

2020-21

613,285

270

BSE

2019-20

120,469

11

NSE

2019-20

549,778

187

BSE

2018-19

92,506

12

NSE

2018-19

517,252

125

BSE

2017-18

209,178

36

NSE

2017-18

535,003

154

BSE

2016-17

149,829

17

NSE

2016-17

366,468

104

BSE

2015-16

131,690

29

NSE

2015-16

335,843

159

BSE

2014-15

82,092

34

NSE

2014-15

342,592

141

BSE

2013-14

1,182,390

43

NSE

2013-14

274,777

142

BSE

2012-13

1,129,261

42

NSE

2012-13

1,125,128

126

BSE

2011-12

1,044,117

86

NSE

2011-12

1,033,963

173

 

Sharekhan Complaints at NSE

 

2020-21

2019-20

2018-19

Defaulter Yes/No

No

No

No

No. of clients at the beginning of the year

 

 

 

No. of active clients

613285

549778

517252

No. of complaints received *

270

187

125

Resolved through the exchange

219

152

117

Non actionable **

27

9

0

Advised / Opted for arbitration

0

2

0

Pending for redressal with exchange

24

24

8

No. of arbitration filed by clients

3

14

6

Decided by arbitrators in favor of the clients

0

11

4

Decided by the arbitrators

0

7

0

Pending for redressal with arbitrators

3

3

2

% of No. of complaints as against No. of active clients

0.04

0.03

0.02

% of complaints resolved as against complaints received

91.11

87.16

93.6

 

Sharekhan Complaints at BSE

 

2020-21

2019-20

2018-19

Defaulter Yes/No

No

No

No

No. of clients at the beginning of the year

4822527

2101680

1863755

No. of active clients

120855

120469

92506

No. of complaints received *

6

11

12

Resolved through the exchange

3

11

12

Non actionable **

0

2

0

Advised / Opted for arbitration

1

2

1

Pending for redressal with exchange

3

0

0

No. of arbitration filed by clients

0

0

0

Decided by arbitrators in favor of the clients

0

0

0

Decided by the arbitrators

0

0

0

Pending for redressal with arbitrators

0

0

0

% of No. of complaints as against No. of active clients

0

0.01

0.01

% of complaints resolved as against complaints received

50

100

100

 

Note:
*It includes against its sub brokers, authorised persons, employees, etc.
**Non-Actionable means that the complaints are incomplete or outside the scope of stock exchange.

Frequently Asked Questions


In case the customer forgot or lost their Sharekhan Login Id then they can get it back on their mobile or mail id at any time just by submitting an online request. Steps to recover Sharekhan Login ID are: • Visit the Sharekhan Website. • Select the login or trade option in the top right. • Click on the Forgot Id. • Now, check on login Id. • Enter the mobile number and mail. • Validate the Captcha code. • Click on the Submit Option, then the login will be sent to their mobile or mail as per their choice.
Yes, Sharekhan offers mutual funds SIP services.
Good-For-day is the validation period of order with Sharekhan. The orders that are placed under GFD are valid until the market closes on the day of the placing order and it will be executed as soon as the set price is available.
No, Sharekhan do not offer the forex trading facility.
Sharekhan is known for bringing the new and innovative ways of investment. It helps its customers to earn more profits in the near future. It is a very trustworthy firm and one must feel safe being under them.
Trade Tiger is the Sharekhan desktop trading platform.
Sharekhan works on various platforms and this makes it very convenient for the users. It provides a pretty solid mobile trading facility. The platform works on high speed advancement and gets the work done in no time.
In order to open a trading account with Sharekhan, the account opening is free.
Sharekhan offers four types of accounts to suit the customers need: • First Step (For Beginners) • Classic (For Investors) • Trade Tight (for Active Traders) • Advisory (For HNIs)
Yes, while the bidding for the IPO shares is open, the customers can modify or cancel the IPO application placed online.
Pay-in options include Cheque, Online Bank Transfer via IMPS, NEFT or RTGS, UPI, Net banking/Payment Gateway from Reliance Smart Money Platform. Pay-out/Fund Withdrawal- Bank Transfers only.
Sharekhan is a depository participant with both NSDL and CDSL depositories. The customers can choose from one of the depositories at the time of account opening. The Sharekhan DP Id on which depository you have the account with. Sharekhan DP Ids for NSDL and CDSL are: NSDL DP Id: IN300513 CDSL Id: 12036000
No, Sharekhan is not free. The company charges brokerage and other fees for its services.
It is a part of Stop Loss order. When an individual places a stop loss order then you are required to enter two types of prices i.e. Trigger price and Limit Price. The stop loss order gets activated when the price of a security reaches or crosses the trigger price. The order is executed at the limit price as mentioned.
Yes, Sharekhan provides day trading and it increases the chance of doing excellent business of luring the customers in who are just as willing to put their money into action.
There are two ways to open an account with Sharekhan: • Request a call back from Sharekhan representative for account opening. • Now, visit the local branch or request a call back and their sales representative will call you in some time.
No, the users can’t utilize the trading account allocated funds for IPO. But they can transfer fund between the trading account and IPO account.
Yes, this stock broker provides news and live market alerts.
No, Sharekhan does not allows to have multiple trading accounts with the same.
Yes, Sharekhan provides the quarterly reports of equity and mutual funds.

Sharekhan Reviews