Small Industries Development Bank Of India
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Small Industries Development Bank Of India Complaints & Reviews

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Dr. Madhurendra Narain
from Hyderabad, Andhra Pradesh
Sep 12, 2021
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Address: Nariman Bhawan, 227, Vinay Kr. Shah marg, Nariman point, Mumbai 400021 (maharastra)
Website: www.sidbi.in

I purchased one Deep Discount Bond ( Series-I) issues on Feb. 01, 1993 which was to be redeemed after a period of 25 years. The details are as under :
Name and address of the Bond Holders :
Madhurendra Narain Central Hospital,
Indu Sharan Jagjivan nagar, Dhanbad
Rishav Sharan 826003
Application no. - E 3869
Folio No.- SI[protected]
No. of bonds - One
Distinctive No. - [protected]
Certificate no.[protected]
Face Value - Rs. 1, 00, 000=00
I received a printed letter no. 4752/RMD/DDB dated Sept. 30, 2016 alongwith Redemption Application form and as per instructions I sent the fully discharged documents to Link Intime India Pvt. Limited, C-13, Pannalal Silk Mills, LBS Marg, Bhandup(W), Mumbai-400078 on Dec. 08, 2016 through Speed Post (vide receipt no-?-EJ[protected]N but I could not get any chaque or even any reply from SIDBI tii date. By the time I superannuated from services and thus my postal address changed which was already mentioned in the form and a separate application alongwith address proof was enclosed therein.
I, therefotre request you sir kindly look into the matter and after enquiry mplease give me the refundable redeemed amount at the address noted beow OR transfer the amount to my bank account :

Dr. Madhurendra Narain, A-216, RV Panchjanya, Pearl Village, CME Enclave, Masjid Banda, Kondapur, Hyderabad - 500084 ( Telangana)
OR
Madhurendra Narain ( PAN No. - AAYPN4239)
State Bank Of India, (2948) Jagjivaan Nagar
SB Acc. No. - [protected]
IFS Code - SBIN0002948
MICR[protected]

Waiting for your early response from your side,
With regards,
Madhurendra Narain
12.09.2021
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    Saiteja28
    from Warangal, Telangana
    Dec 21, 2019
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    My mother had purchased a sibdi deep discount bond date february 1 1993 of issue price of rs 2500 with face value of rs 100000 maturity on february 1 2018 (At the end of 25 years).
    We haven't received any notice till now and haven't received the sum of rs 100000 (One lakh only) mentioned in the bond.
    I kindly request to do the needful. Please let me know what action i need to take.
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      Sunita2016
      from Bengaluru, Karnataka
      Oct 17, 2019
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      Address: Nariman Bhavan,227, Vinay K.Shah Marg,Nariman Point,Mumbai-400021, 560084
      Website: SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA

      I purchased a deep discount bond - series 1 bearing certificate no.00296040 and 00296041 folio no.[protected] dt.[protected] transfer no.0000655 on dt[protected] which matures on february 2013 (20 years full term completion) and i have to receive matured amount of rs. 1, 00, 000/-. Each bond with interest. But we went to karvy registrars and given for redemption in the month of about june 2018 and the same was returned from karvy on 17/8/2018 mentioned that we are not registrars. Now we request you kindly suggest us where to go to redeem the same bonds.
      From: r. Sunita, mail address: [protected]@gmail.com m no.[protected] / [protected]
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        meroshan2010
        from Patna, Bihar
        Feb 4, 2019
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        Dear sir,

        Not receive money deep discount bond (Series 1) face value. Under idbi bond, dated 31.01.1997. Kindly advice the status of the following folio no.

        Holder name: roshan bansal

        File no. Certificate no.

        Sio[protected]

        Thank you,

        Roshan bansal
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          Janakirajagopal
          from Hyderabad, Telangana
          Feb 27, 2018
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          deep discount bond-series 1, certificate no.00019805

          Address: Mumbai City, Maharashtra

          I purchased a deep discount bond - series 1 bearing certificate no.00019805 in 1993 which matures on february 2018 (25 years full term completion) and i have to receive matured amount of rs.1, 00, 000/-. But your agents or offices refuse to redeem the bonds as they say it was recalled in between. But i am not in receipt of any such notice. Earlier a woman went to consumer court who was justified and maturity amount was paid with interest....
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          Ash123@123
          from Hyderabad, Telangana
          Feb 3, 2018
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          maturity amount of bond

          Address: Lucknow, Uttar Pradesh, 226019
          Website: [email protected]

          We have taken one bond vide no[protected] with application no-e0043147 and certificate no[protected] to small industries development bank of india on dated 19.11.1992 with deposited of initial payments. As per bond he was agreed to pay rupees one lakh (Rs 100000.00) after submitted bond to his office on dated 01.02.2018.
          But when i am submitting the bond to nearest branch office at varanasi he is ignoring to pay maturity amountbr...
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          sngupta1960
          from Delhi, Delhi
          May 5, 2017
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          Sidbi-sidbi deep discount bond series i - si 01119257-0

          I have purchase deep discount bond (Series i) in 1st february, 1993 for 25 years i. E. 1st february, 2018 for rs. 1, 00, 000/-. We tried to encash the bond bearing the registered folio no. Si[protected] at the end of 20 years for rs. 50, 000/-. When we enquired about the same, we were told that sidbi had exercised the call option at the end of 9th year i. E. February 1, 2002 and redeemed the bond and in this regard, sidbi has issued a notice...
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