[Resolved]  UTI Mutual Fund — Non-payment of Money

Address:Mumbai City, Maharashtra

On 16/5/1993, my father purchased 1100 units by paying Rs.11000.00 on Rajalaxmi scheme o[censored]TI in my name. Subsequently the said scheme discontinued. I got devidends periodically for some quarters but since 4 years no such payment is received.After many letters to them, on 23/9/2008, I got a letter from one Vaishali Naik, Asst.Vice President, UTI Technology Services to send the ORIGINAL BOND and accordingly the same was send by registered letter on 24/9/2008 and the same was acknowledged by them. In spite of various mails, the matured money has not been recieved by me. Kindly register this as complaint and see that the money is send to me by cheque/draft in the following address. My Folio number is [protected].

Ms.Puspita Priyadarsani Patnaik
D/O Niranjan patnaik
3, Godabarish Nagar
House No.29
AT/PO Berhampur-760001
Dist.ganjam(Orissa)
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Aug 13, 2020
Complaint marked as Resolved 
Complaint comments 

Comments

Similar complaints are many. We have lost hope on UTI which is a government company. Immediate action needs to be taken.
Dear Sir,

Thank you for bringing the issue to our notice.

We request you to provide correct unit certificate o[censored]TI RUS to locate your investment details and advise you suitably . Also please provide us your email ID to enable us to have communication with you.

Regards,

For,

UTI Mutual Fund
Department Of Operations

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