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Motilal Oswal Complaints
| | Complaints | 3 Comments
Other Stock Broker Complaints
Motilal Oswal is a full-service stockbroker in India and is known for its research, offline presence through sub-brokers and franchise offices along with reasonable performance-based trading platforms. However, there are few areas where Motilal Oswal complaints are raised by the broker’s clients. We will touch upon some of the relevant data and info points around that area here.
Furthermore, since it’s a full-service stockbroker, charges of Motilal Oswal brokerage relatively higher. You can check this Motilal Oswal Brokerage Calculator for reference.
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| Broker Name | Motilal Oswal |
| Founded In | 1987 |
| Head Office | Mumbai, Maharashtra |
| Address | Motilal Oswal Tower, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai-400025 |
| Compliance Officer | Neeraj Agarwal |
| Compliance Officer Email | na@motilaloswal.com |
As per the latest records of the National Stock Exchange (NSE), Motilal Oswal has an active client base of3,29,928.
Complaints Against Motilal Oswal
Here is a quick snap-shot of the complaints raised by its client base over the last few years along with the number of complaints resolved by the broker in each financial year.
As shown above, this is the break up of the complaints received by the broker and resolved at the same time.
- For the year 2015, Motilal Oswal complaints were 116 and it was able to resolve 100% of the complaints.
- For the year 2016, Motilal Oswal complaints were 119 and it was able to resolve 100% of the complaints.
- For the year 2017, Motilal Oswal complaints were 95 and it was able to resolve 100% of the complaints.
- For the year 2018, Motilal Oswal complaints are 213 and it was able to resolve 100% of the complaints.
- For the year 2019, Motilal Oswal complaints are 90 and it was able to resolve 91% of the complaints while the rest 9% remain unresolved.
Motilal Oswal complaints Vs Industry
When it comes to comparing Motilal Oswal with the Industry Average in terms of the number of complaints per 10,000 clients, then this is how the broker stands against the industry average:
In other words, Motilal Oswal gets the same percentage of complaints as the overall stockbroking industry standards. Currently, both (industry average and Motilal Oswal average) stand at 0.02% i.e. 2 complaints are raised for every 1000 clients.
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More On Motilal Oswal:
If you are looking for more information on Motilal Oswal stockbroker, here are a few reference articles for you:
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3 Comments
Very much poor costomer support from motilal oswal, also advisors and managers are not so much supporting they are like govt employees to take costomers granted for everything. Pathetic and hopeless services towards raised complaints, nobody is willing to sort out issues rather create more issues with costomer money.
You are coorect Mr. Suresh.
I have faced the same problems. RM and Support people are not trained and connecting to them is very difficult. They are not bothered about the customers call. Neither they pick up landline nor they circulate any cell number to connect. I have been told in 2017, that if i invest in MOSL Regular Growth Fund i will get atleast 10% return, but till date i have lost the money.
Who said mosl complain grivance redressal.is good. They are worst in industry
They are literslly daku and chor. They deduct money jaise inke bap ka paisa ho.