Icici securities
Un faire brokerages

vahid memon
08-27-2010
34

UN fair practice adopted by ICICI Securities so called icici direct.com

From: - memon Abdul vahid

103/104 nand flats, opp. Water tank,

Waghodia road,

Baroda.

ICICI Direct Account 8500477366

Dear Sir,

I am holding trading account as per above.

I have adopted what they called under I-secure brokerage plan. As per plane they are suppose to be charge 0.55 % brokerages for transaction for trading. On checking their transaction it is found that they have charge more than 1% brokerages instead of 0.55%. On correspondence with tem they argue that transaction below trade of Rs.4500 will be charge Rs.25 brokerages.

It is found that in their plane also they have not clearly written that trade Rs, .2000 will be charge brokerages 1%.

I request u to do the needful from u r side as many have been trapped in their MAYAJAL.