KFJ Jewellery Complaints & Reviews

I paid monthly scheme at kfj in pursawalkam branch at Chennai

Paid more than 1.5 lakhs.
I need my money back..pls tell me . kindly do needful...

I have booked 120 grams of gold in KFJ bond of gold in 2017 (Registration no: OBOG16367) and its maturity date was 19-Aug-2020. I Emailed them when the marurity time was due but so far no reply from them.Still i did not have any information on getting back my money atleast. Please help how to get back my hard earned money.
J.Mujibudeen
Mob No : [protected]
Email : [protected]@hotmail.com

We have booked 21 grams of gold in KFJ bond of gold in 2017 (Registration no: PU17B0G3) and its maturity date is Aug 2020. Still we did not have any information on getting back our money atleast. Please help how to get back our hard earned money

This complaint is regarding the KFJ bond of the gold scheme. I paid Rs.124000 and I have booked 10 grams and 50 Grams of gold @ Rs.1999/- and Rs.2000 under this scheme and my maturity date is (10 Grams[protected] and 50 Grams[protected] which is the locking period. Recently I came to know that all branches in Chennai are closed already. Today only I came to know that some big issues going on in KFJ and they refuse to make what is agreed...

We have paid money under Gold Scheme for 23 months till Nov 2018 and when we checked to get gold surprised to note that they have closed all shops at Chennai We have filed complaints thro PM portal and Kerala CM Portal. The owner is Cherian is not traceble and we do not know how to get our money

This complaint is regarding KFJ bond of gold scheme. I have booked 50 grams of gold @ ₹.1999/- for ₹.1, 00, 000/- on 17.01.2018 and maturity date is 17.01.2021. Today I went to Purasaivakkam shop and found it was closed a long back. Nearby people's said they are cheaters and looted the customers amount. Then I searched in internet and confirm it. Is there any way to get back the money from them.

Nowadays earning money by cheating others is more common. This will create trustless society.

Thanks!

Below are the details for your references

Name: M.Palanivelrajan
Registration no: PU17BOG3-327/[protected]

With Regards,
M.Palanivelrajan
[protected]@gmail.com

Dear sujith cherian / sunil cherian / kfj,
Based on your advises/guidance, i (V. Ramkumar) have chosen kfj and invested rs. 1 lakh in "kfj's bond of gold" for 50 grams @ rs. 1999/- (The registration no - obog1676, mylapore branch), and has got matured now on 04.08.2020.

Upon this maturity, have visited the branch and came to know the news (That kfj's all branches closed) and tried to approach kfj's all contacts over phone and found none of kfj's phone numbers are working.

However, i hereby request you not to treat this as a complaint, and just help me and my family by returning the money invested (At least) to my family needs and get rid of the mental agony.

Below are the details for your references and help.

Thanks & regards,
V. Ramkumar,
Old perungalathur, chennai - 600063
Phone number:- [protected] (Thiyagarajan, brother)
Registration no: obog1676. Branch - mylapore

This complaint is regarding the KFJ bond of the gold scheme. I paid Rs.19990 and I have booked 10 grams of gold @ INR .1999/- under this scheme on 20-Dec-2018 with maturity date on 20th December 2021 which is the locking period. Recently, I came to know that all branches in Chennai are closed already. I also understand that they refuse to make what is agreed or claimed by them in the bond.

As you are now aware about financial crunch for every middle class due to this COVID19 situation. I desperately now want to pre-close the bond and Jus' want my money back. I am not looking for any benefit / interest for my investment. I would like to get back the principle amount of INR 19990.

Thanks!

Below are the details for your references
Name: N. CHANDRASEKAR
Registration no: PU17BOG3 - 417 /[protected]

We invested in bound of gold investment plan in kfj on 26.12.2016. We visited the shop however it was closed. We came to know that all the kfj shops are closed. We have invested around 50000 and we are not getting any update regarding that. Please return us our money. As per the bond of gold scheme, we were to be given 22 grams of gold without waste for the current gold price. Kindly give us our money alone. My registration number is mykfjbog2f - 2011. Kindly help.

I am rajan from mogappair. I purchased in kfj annanagar - bond of gold 100 grams and it got matured in 09.02.2019 and till date it is not settled.. Continuous kfj staffs were delaying and not i could not reach them.. All shops are closed. All lan lines are not picked. Mobile no. Of cherian/ sunil [protected] also not attended. No reply to message. Now, i do not know what to do. My mob. No. Is [protected]

Dear sir/madam,

I noor samira started the gold scheme plan in december 2015, i have paid about inr 26, 000/- under membership no : puc1 and inr 104, 000/- under membership number putf4, we have been trying to purchase gold with this amount however all kfj shops in chennai is closed and there were no information given to us. I feel cheated and i want my money back. Please help me save my money sir.
I come from a normal family and this is a huge amount for me.

Be aware of KFJ gold rush scheme and the false promises , I had joined the scheme in 2010 , while joining they asured to give the gold coins at the lowest rate during the scheme period 15 months (that is 1480 per gram ) but later when i paid all my monthly installments and finally went to purchase the gold , i was in for a surprise . Usually any jewellers will charge only 3 % wastage+1% VAT for gold coins ( even the same KFJ does it for...