[Resolved] ICICI Prudential Mutual Fund — Illegal rejection of redemption claim | |
I have invested in ICICI Prudential Tax Growth Plan under folio no.1429020/49. I intend to redeem my units under said folio. I have submitted redemption request but the ICICI People have rejected this on the ground of signature differ. Again I have resubmitted with signature attested by Bank Manager but again they have rejected saying I have to resubmit the entire documents. When I resubmitted now with full set of documents they dare to reject it again saying signature differ. When i have got the signature attested by Bank manager ( as wanted by them) where is the question of signature differ now?? Now they wants an affidavit on Rs.100/- stamp paper. This is the fraud they are playing with small investors.Their intention is clear just to avoid payment by rejecting redemption on some ground or other. How can they play like this?? I have to teach them a lesson certainly. ICICI is a totally fraud Company, public should be aware of this. Was this information helpful? | |
Aug 13, 2020 Complaint marked as Resolved | |
 2 Comments | |
Comments
I am totally agree with my friend. I am also facing a similar thing wherein ICICI has rejected my redemption request three times stating signatures are not matching. As per their requirement I had also submitted redemption request with signatures duly attested by the Nationalized Bank Manager of the bank account mentioned in my portfolio . Still they rejected my request. I have written to them from my mail ID- shekhar [protected]@yahoo.com on 21.07.10 . The automated mail replied that your issue will be addressed in three working days but till the time no response. I am in urgent need of mony as my father is ill. But still they are not bothering to return my hard earned money. This is a total negligence on part of ICICI which proves that they do not care for their customers. I am in under tremendous stress because I am not getting my hard earned money back for treatment of my father. I am patiently waiting for their response otherwise will have to seek other alteranates.
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2nd Floor, Block B-2, Nirlon Knowledge Park, Western Express Highway, Goregaon (East), Mumbai, Maharashtra, India - 400063
WELL DONT BUY ANY PRODUCTS OF BANK THEY ARE ALL SAME COIN OF FRAUD AND CHEATERS CARE FULL WHEN YOU VISIT HDFC BANK OR HSBC BANK OR CANARA BANK ALL OF THEM ARE VEARY GREEDY THEY HAVE RELATION SHIP MANAGERS WHO ARE MOST OF THEM LIERS SO TAKE CARE BEFORE YOU MAKE ANY DEAL.
BEST WILL BE TO KEEP MONEY IN SAVING ACCOUNTS AND DONT GO FOR ANY PRODUCTS BUYING.
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