SIDBI Complaints & Reviews

I have purchased two deep discount bmd series i of small industries development bank of india. My folio number is si 02300941. Issue price is rs 2, 500/ each. Redemption amount is rs. 1, 00, 000/ each. Redemption date is 1/02/2018. Accordingly i have submittted two bonds certificates in orignal by rpad on 14 th de c 2018. However i have not received my redemption amount yet....

I have purchased 2 deep discount bonds of sidbi series-1 issued in the year 1993. The issue price of each bond is rs.2, 500/-. The bonds were sent for redemption after the stipulated period of 20 years i have received an intimation from sidbi saying that an amount of rs.8, 000/- (Around) can only be credited to my account on account of single ddb. For the other bond intimation is year to be received as it was invested in the name of my sisters...

I purchased SIDBI Deep Discount Bond in 1992 with maturity period of 25 years. However, When I tried to redeem the sidbi deep discount bond - (Series 1) wherein we tried to encash the bond bearing the registered Folio- SI[protected] & Folio- SI[protected] at the end of 25 years for rs. 100000, i (Ankur Bucha) have received amount of rs. 8876 x 2 through neft from sidbi bank.
I have received a lower amount for a bond which was purchased...

When we tried to redeem the SIDBI Deep Discount Bond - (Series 1) wherein we tried to encash the Bond bearing the Registered Folio No. SI[protected] at the end of 20 years for Rs. 50000, we received a cheque amounting Rs. 8876 with the payee being H Chitra from IDBI Bank dated 02/05/2014 on behalf of SIDBI.

We are receiving a lower amount for a bond which was purchased on February 1, 1993 and being redeemed only at the end of...

When we tried to redeem the SIDBI Deep Discount Bond - (Series 1) wherein we tried to encash the Bond bearing the Registered Folio No. SI[protected] at the end of 20 years for Rs. 50000, we received a cheque amounting Rs. 8876 with the payee being H Chitra from IDBI Bank dated 02/05/2014 on behalf of SIDBI. We are receiving a lower amount for a bond which was purchased on February 1, 1993 and being redeemed only at the end of 20 years....