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Motilal Oswal Complaints

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With over 35 years of industry experience and a client base which expands to more than 50 lakhs, Motilal Oswal Financial Services Ltd. (MOFSL) has become synonymous with India's investment partner. Incorporated in the year 1987, the financial services firm offers trading services in Equity, Commodity, Currency and Derivatives. It also offers other products like Mutual Funds, IPOs, US Stocks, Gold, Insurance, Fixed Income products and readymade portfolios such as Stock Baskets, Intelligent Adviso... Know more about Motilal Oswal

Complaint against Motilal Oswal Broker

Motilal Oswal brokerage complaints report provide detail about the number of complaints received by the stock exchanges from the Motilal Oswal customers. The Motilal Oswal complaints report analyzes the Motilal Oswal online complaint data provided by BSE and NSE. This report shows the health of the broker.

These complaints are serious grievances against Motilal Oswal broker which the broker and customer failed to resolve. The customer then filed these legal complaints with the stock exchange.

The Motilal Oswal complaint no. report also provides Motilal Oswal’s number of active clients. This shows the growth of the broker year on year.

Motilal Oswal Complaints

Exchange Financial Year Total Complaints Active Clients
NSE 2024-25 129 958,025
BSE 2023-24 99 485,252
NSE 2023-24 498 893,218
BSE 2022-23 33 326,006
NSE 2022-23 516 805,125
BSE 2021-22 50 270,382
NSE 2021-22 445 896,851
BSE 2020-21 12 108,657
NSE 2020-21 491 564,034
BSE 2019-20 60 107,202
NSE 2019-20 332 377,123
BSE 2018-19 30 93,959
NSE 2018-19 187 322,121
BSE 2017-18 50 137,652
NSE 2017-18 160 307,647
BSE 2016-17 23 83,617
NSE 2016-17 119 207,194
BSE 2015-16 29 79,547
NSE 2015-16 116 165,844
BSE 2014-15 46 62,867
NSE 2014-15 127 152,608
BSE 2013-14 42 663,408
NSE 2013-14 120 123,022
BSE 2012-13 50 642,403
NSE 2012-13 119 621,966
BSE 2011-12 80 595,786
NSE 2011-12 134 592,459

Motilal Oswal complaint at NSE

2024-252023-242022-23
Active Clients958025893218805125
Complaints129498516
Resolved through the exchange51492460
Non actionable048
Advised / Opted for arbitration022
Pending for redressal with exchange78046
No. of arbitration filed by clients1919
Decided by arbitrators in favour of the clients087
Decided by the arbitrators021
Pending for redressal with arbitrators1112

Motilal Oswal complaint at BSE

2023-242022-232021-22
Active Clients485252326006270382
Complaints993350
Resolved through the exchange793150
Non actionable16118
Advised / Opted for arbitration012
Pending for redressal with exchange420
No. of arbitration filed by clients101
Decided by arbitrators in favour of the clients201
Decided by the arbitrators100
Pending for redressal with arbitrators000

Note:

  • * Including against its sub brokers, authorised persons, employees, etc.
  • ** Non actionable means the complaint that are incomplete / outside the scope of the Stock Exchange

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63 Comments

3. rekha   I Like It. |Report Abuse|  Link|February 21, 2019 3:15:12 AMReply
On 20.02.2019 I got profit around 430 rs in intraday n i invest 14k and of the day I got msg to my mobile that I have balance 14040 so they brokerage 400 rs I got profit 10 rs
2. KARAN RASTOGI   I Like It. |Report Abuse|  Link|January 29, 2019 8:36:06 PMReply
Passing details of account to their employee there by they made unauthorised transaction in trading account on 23.01 2019 .One of the employee SH Amitshah added 2000 shares of ITC Intraday there by I incurred a loss of Rs 32000/ in single day.in this connection I have never call my broker and no intraday deal has been done in the last 3 years .I made every trade through their app or on their website. Upon taking with the broker and employ SH Amit Shah phone no 02240548451,and over mail there is no response .
2.1. MOFSL   I Like It. |Report Abuse|  Link|January 30, 2019 10:34:19 AM
Dear Sir, we have escalated your concern with our relevant team. You will be contacted soon.
1. GUNJAN TRIVEDI   I Like It. |Report Abuse|  Link|January 4, 2019 4:44:23 PMReply
HUGE AMOUNT OF INTEREST CHARGED BY MOTILAL OSWAL.
THIS IS NOT REASONABLE,MIDDLE CLASS MAN WILL DIE DUE TO THIS.
RS.1667 CHARGED BY MOTILAL OSWAL FOR A ONE DAY FROM ME.
I WILL REGISTER COMPLAINT IN A CONSUMER COURT.