[Resolved]  IDFC Bank — Infrastructure development finance company [idfc] idfc limited / karvy bond maturity amount unpaid

Address:560093

Dear sir,

Reg : infrastructure development finance company [idfc] idfc limited — non receipt of maturity of bonds

I have invested 20000/- (rs. twenty thousand only) in idfc limited – infra bond tranche 2 with application no[protected]account number folio - idb0312830) in february 2011. the same was opted for buy back in year 2016 and the same was confirmed by the investee that the documents have been received for buy back on 28.05.2016 and informed that the amount will be released on 30.06.2016.

. however sir, the maturity amount was not released and again informed that as per guidelines the funds will be released in last week of july 2016 through mail (kishore. [protected]@karvy.com, copied harish. [protected]@karvy.com) dated 16.06.2016. however sir, the amount was not still released and the investee is now not responding to the 11 follow up mails. i regret to note that i have not received amount till date and investee are not replying my mail and phones.
I called in investee’s office regarding maturity amount and their executives confirmed that it is another team which takes care of the payment / payment date confirmations.

. sir, i humbly request you to make process maturity amount of my bonds and remit the amount of maturity along with interest till date of payment from due date

. application no[protected]
. account number - folio - idb0312830
. documents received by investee on - 28.05.2016
. no: of offers from investee on payment date - 3
. bonda buyback date : february 22, 2016

Regards,
Roy joseph
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Jul 23, 2016
Complaint marked as Resolved 
i have received the maturity amount
IDFC Bank customer support has been notified about the posted complaint.
Complaint comments 

Comments

Hi Roy Joseph,

The payment will be credited in your account within next 10 days.
For future queries or concerns please feel free to contact us on[protected].

Regards,
IDFC Team
Thanks for the update Sir. I will let you know once I have received the payment.
Thank you sir, I have received the amount yesterday. (7350*4 = 29, 400)

They haven't paid any interest for the 29, 400 for the extra period which they were holding this amount.

Buy Back date: February 22, 2016
Buy Back amount paid on - July 18, 2016

Regards,
Roy Joseph.
Hi Roy Joseph,

Allow us to look into this, we will get back to you shortly.

Regards,
IDFC Team
Hi Roy Joseph,

Please share your contact number for us to get in touch with you and address your concern.

Regards,
IDFC Team
Hi Sir,

Please find my contact number - [protected]

Thank you.
Roy Joseph.
Hi Roy Joseph,

We hope that our team contacted you and addressed your concern.
For future queries or concerns please feel free to contact us on[protected].

Regards,
IDFC Team
Hi IDFC is not opening current account had more than 3 months and not they have stopped email and call response too.

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