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Reliance Money

This is a discussion on Reliance Money within the Banking forums, part of the Financial Services category; Reliance Money Chaos Respected Sir/Madam, I am Darshna Patel. I have a demat account of the Reliance Money (Cllient ID ...

  1. #1
    Darshna patel Guest

    Default Reliance Money

    Reliance Money Chaos

    Respected Sir/Madam,

    I am Darshna Patel. I have a demat account of the Reliance Money (Cllient ID
    - D00040989).
    Initially i did not know much about the limit Card functionality. I changed
    some settings
    online at my account. But then i called Customer care to cancel all my Limit
    card options and
    then they recharged the PR-500 Limit Card option. and the customer care
    person told that once this
    PR-500 Limit card will be finished then they will convert it to the
    Bi-Monthly 1000 option.

    Now they did not convert my plan to the Bi-monthly 1000 option and just
    continued to cut the
    charges according to the PR-500.
    In this way Reliance money took my 17000/- (in multiples of 500) in a 15
    days.

    Now, the customer care person told me before that they cant change any Limit
    card options from
    their side and they have cut down the money from their side only.
    The amount is quite huge for my kind of trader who hardly trade.

    Reliance money should have informed me of such transaction before deducting
    such huge amount from my account.
    There should be such rule if the customer's Limit Card charges (17000/-) are
    going beyond the yearly
    charges (5000/-) then the customer should get informed to change the Limit
    Card option.

    Now, i am having very high expectations from you, that you will help me get
    back my money.

    If this is happening to me, then i cant imagine what must have been
    happening with the people
    who may not be much aware of the online trading.

    Regards,
    Darshna patel
    9860177257

  2. #2
    akhi kashyap is offline Junior Member
    Join Date
    Feb 2010
    Posts
    4

    Default

    alright Darshana.thank you so much for the feedback. but recently i heard that their services have improved considerably now.Thanks!

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