[Resolved]  UTI Mutual Fund (ULIP Plan 1971) — Non-payment o[censored]nit link insurance plan,1971 maturity amount – M.N.o 14856262 – 10 years.

Its been 10 years of mental & financial harassment by UTI mutual fund (UTI asset management co. pvt. Ltd).I took membership in captioned plan on 28.03.1989, my plan matured on 28.03.1999.

When on non-receipt of maturity amount I approached local delhi office and visited there number of times, they informed that as per UTI’s records, they have send me three cheques for maturity amount, which I never received.

Then they asked me to submit ORIGINAL bond certificate and an undertaking on non-judicial stamp paper etc.

With no response from their side I submitted the same vide my letter dt. 17.06.2006 under the acknowledgement from local office dt. 20.06.2006, thereafter I am running from pillar to post for getting refund of maturity amount.

Then I received one letter dt. 11.10.2006 from locan office stating to furnish the documents which I have already submitted, when I approached local office and told them the same has been submitted by me, then UTI office Mr. oliver minj confirmed me my documents have duly been received and are in order.

When I wrote a letter dt. 26.09.2006 to chairman officee, I was given one letter reference number – UT/O/ 1194/DIS-CS/ 2005-06 vide letter dt. 22.02.2007 to quote it in all future correspondence.
Thereafter I kept writing delhi local office as well as transfer agent M/S karvy. (with all the copies enclosed of the required documents, bond certificates.)

Since then I am running from pillar to post and making phone calls for receipt of my maturity amount, I am in an urgent need of money, my whole family is dependent on me, I request the SEBI grievance board to take strict action against UTI asset management and help me refund my maturity amount.

Yours sincerely,

Anand jain

23-C Citizen enclave, sector – 14 extn rohini delhi – 110085

( mob no. : [protected])