[Resolved] Kotak Securities Ltd. / Mutual Fund Redemption — Delay in payment of Redemption Money for 18th Nov2010 transaction | |
Dear Sir, I wish to lodge complaint against Kotak Securities Ltd. I have an Demat account with Kotak Securities, Client ID: JDBG1 On 18th Nov 2010, I ordered for the redemption of all units of Reliance Mutual Fund Growth, so 590.46 units were put on redemption for an NAV of Rs. 118.66/=. This was vide Transaction iD: 618275 Total amount due to me vide the referred Transaction id is Rs. 70063.98/= Today is 14th Dec and the transaction was done 26 days back, so far I have not received the redemption proceeds. I request you to please take this matter on an urgent basis, I would appreciate if the redemption amount plus due interest is paid to me at the earliest Thanks, Jyoti Chadda Kotak Securities Client ID: JDBG1 Was this information helpful? | |
Aug 13, 2020 Complaint marked as Resolved | |
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Kotak Securites