[Resolved]  Ifci, Education Bonds — non refund money of Education bonds 1996 after maturity

Dear Sir

In the year 1996 i have invested my savings Rs 12000 in Education Bonds in IFCI with a lock period 13 years

i Planned my savings in Education bonds for 13 years wait period for my childern Higher eduction,after investments i am waiting for maturity period of 13 years

after maturity i approached to IFCI with my bonds , IFCI informed me that that scheme has been scarped and send back the investments, due to my inter state transferable jobs
i have not received intimation so IFCI kept my investments up to 7 years and they sent my investments to IEPF(Investor Education protection fund) as un claimed amount

due to transferable job i have not received communication from IFCI in time , when i approached to IEPF they informed me that No refund can be made from IEPF

Now i am job less as my MNC company expelled me from company due to Resession

Now i have to pay my children private collage fee studding in B.Tech 2nd and 3 rd years

Sir please look in to matter do the needful to get back my investments

Regards
sreenivas
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Aug 14, 2020
Complaint marked as Resolved 
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Can any one tell how the govt can deny the money that belongs to somebody ?

IFCI — non refund of money

Sir

Education bond no 1

FOLIO NUMBER 5588-427

WARRANT NUMBER 551200

CERTIFICATE NO 23292
issue prize Rs 6000/-
Face value Rs 57,500/-
Distinctive no[protected]
Wait period 13
I have not received any amount regarding this bond.
Your are requested to comply the same.
from
B. P. DESHAPANDE
NAGPUR

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