[Resolved] SBI Mutual Fund — SBI Magnum Global Fund - Cancellation request not being Honoured
I have been investing through a SIP in SBI Magnum Global Fund for Rs 1000 per month (Folio No 8356052). The money is paid through ECS debit from my ICICI Bank account every month (Rs 1000 per month).
However, I have requested for cancellation of the ECS in writing to SBI Mutual Fund twice, but evey month SBI keeps debiting the amount of Rs. 1000 from my account.
I do not wish to continue with the service from SBI.
I lodged a complaint through CAMS Online but nothing has happened. I also wrote to them but till now nobody has responded. SBI doesnt seem to care once they have the investor's money!
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Aug 13, 2020Complaint marked as Resolved