[Resolved] Reliance Mutual Fund — Irresponsible job of Reliance mutualfund | |
Hi, I feel that Reliance mutual fund does jobs with irresponsiblity.Recently I have opted for Mutualfund Redmpotion and i was told that the amount would be credited to my account in 2 -4 working days, after waiting for 1 week I called up cusomter care and they said they have dispatched the cheque, but unforutantely i was shifted to Mumbai from Hyderbad, so I asked them that I was told that the amound would be credited to my account, then they said NO, they have dispatached, they didnt have any answer to say why they sent cheque.Then they said the cheque will be returned,I went to the Vashi Reliance mutual fund office, and they said they didnt get cheque yet, they said again it will take another 10-15 days to receive returned cheque.Again I waited for 15 days and called them.It was almost more than 1 Month took to get that cheque,Here it didnt end the story.......they gave me cheque with invorrect Bank A/c, when I went to Bank to deposit the cheque they said, it will not be cleared , I need to contact again Reliance mutualfund........Now it is alsmot 45 days till that date I requested for redemotion. Now they say they cant to anything, aagain I need to give application stating that my A/c number is incorrect, after 1week they may issue another cheque.............This is what I wanted to share the irresposbile job that they have done......Please be ware of Reliance Mutual fund..and their Customer care is just waste. Was this information helpful? | |
Aug 14, 2020 Complaint marked as Resolved | |
1 Comment | |
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A Block, Dhirubhai Ambani Knowledge City, Kopar Khairane, Navi Mumbai, Maharashtra, India - 400709
i too agree to you as simlar case.. the fund was in my son's name who is only 2 and half year old. at the time of aplication they dont have any problem when at redumption they are making fool of me. i had clearly informed those j okers at reliance to mention rep by name on the warrent and they issued warrent in his name asking me to open an account for this. i would like to advice all investors not to deal with Reliance as they only need our money not our support and comparitively the growth with their funds are less and commission/service charges too high.
even after making a complaint RMF/Mar/2011/038911/SR14174511 the response from reliance is pathatic as even the donkeys sitting on the top doesnt care to respond to my mails.
if i had to take up to court i dont care. but i wont leave them.
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