Infrastructure Development Finance Company [IDFC] Complaints & Reviews

Dear sir,
I have purchased four bonds of your company in 21st march 2012.
Registered folio no : ided0001879 in name of sudhir bhargava and mona bhargava.
Distinctive no : [protected] to [protected] for rs 5000 each were purchased.
I have sent bond for redemption on[protected] and received only the principal amount of rs 20, 000.

Please provide me the interest (Rs 10360) asap.

Thanking you
Sudhir bhargava
[protected]

Dear sir/madam,

I, sharmanand mishra, has recently submitted all the documents through speed post, which was dispatched at your office.

I have submitted all the details as required. As i am nri and was out of india i couldn't submit the details earlier.

Now, i am trying to reach you guys especially mr. Ketan kulkarni, who has helped my brother also for redemption but i don't get any reply.

I request you to kindly let me know status of my application and refund time line.

Dear team,

I have invested in idfc long term infrastructure bond - tranche 2

Date of investment : 21-feb-2011
Abhishek ahuja
Registered folio no: idbo228925
Certificate no : 228925

I have purchased these bond in year 2011 and as per my initial knowledge the locking tenure was 5 years and it was supposed to be mature in 2016 but i have not received any confirmation w. R. T. Maturity of bonds.

I need the money back would like to sell these asap.

Do let me know the process.

Thanks
Abhishek ahuja

I have invested in idfc premeir equity fund - growth - (Regular plan). My folio no is 1423227, i noticed that there have been regular redemption from 2014 until 2017 for which the proceeds are not reflecting in my bank account. I took up the matter with idfc, nariman point office, and submitted my bank account statements from 2014 till aug 2017 along with a letter to investigate and inform me of the status of the redemption amount. After following up repeatedly i still have not got any update, customer service promise call back which never happens also the ext. Number of case officer provided did not bother to pick the phone. It is disappointing that money is lying with idfc for last 3 years and they never bother to contact despite having my contact details (Email, phone) since 2014.
Hope idfc will wake up and respond with details.

I applied for 4 bonds in electronic form. Application no.[protected] dp id-in[protected]. Since then no information. On enquiry from karvey they informed that amount of redumption 29740/ in form of dd has already sent on your registred address in may 2016. But i have not received the same. Kindly help me to get my money back with up to date interest.

Sir,
I have bought idfc infrastructure bond tranche - 1 in the year 2011-12. The details are as follows -
Series - 2, isin - ine043d07781, registered folio no. - idd0270810, certificate no. - 270810, name of bond holder - saket sharan, no. Of bonds - 4, value of each bond - rs.5000.00, distinctive nos. - [protected] - [protected]

I have deemat a/c in icici securities. The details is as follows -
Arn no -[protected]
Response id[protected]
E-broking a/c no./trading a/c no. – [protected]

Dp name – icici bank limited
Dp id – in303028
Client id – 55212670
Deemat a/c no.[protected]

I want to convert from physical form to deemat form so that they can be transacted. How this can be possible sir, pl guide.

With regards
Saket sharan
Present address - qr. No. - 2c/3, officers colony, at+po - bishrampur,
Dist - surajpur, pin - 497226, cg
Old address : qr. No. - c/13, gm complex, po - west chirimiri, dist - koriya
Pin - 497773, cg
Email : [protected]@rediffmail.com, mob - no. [protected]

I have 4 bonds of idfc bank in my demat account with punjab national bank dpid[protected]. The bonds are in free category. I want needs funds. Please redeem my 4 bonds and credit the amount in mypnb ratgal saving bank account no.[protected]. I wii be very thankful
Kanta rani w/o surinder chawla 706 sector 13 urban estate kurukshetra 136118 haryana [protected]

Sir i have applied in idfc tranche 2 bonds on dt[protected]. Accordingly i have alloted 4 bonds amounting to rs 20000/-and the same bond credited to my dmat account in year 2012. Today i checked my dmat account and i found that the said bond has been debited to my dmat account. I have not received any payment of said bond in my bank account linked with my dmat account. Details of my application is as under :
Name of applicant: mahesh kumar dusad
Address :e-83, shastri nagar jaipur
Application no. : 18711391
Pan no : agypd5380l
Dpname : alankit assignments ltd
Dp id : in301160
Client id : 30057170
You are requested to send my payment immediately otherwise you will be liable to pay additional interest from date of debiting from dmat account.

Sir i want to take payment of idfc long term infra. Bonds-trench 2 reg folio no. Idbo362766 certificate no.362766 distinctive number [protected][protected] dated 21 feb 2011, isin ine043do7385, application number41709422 folio - idbo362766
Kindly suggest me a simplified process to get the money by buy back or surrender the same to you duly endorsed to you with revenue stamped receit. I am a lay man in the field so please help me. I did not get any intimation from you regarding buy back dates etc. I am told that buy back dates have expired and now i shall have to follow the tedeous process of stock exchange. Is it true sir.
Regards
Vasudhakar goswami [protected]
[protected]@yahoo.co.in

We, ajay kumar debnath and syama debnath (Two separate folio no. Iddo 293302 and iddo 293303) of subject bond sent the original bond certificate of rs.20, 000.00 (4 nos. Of rs.5000.00 each) on 31.12 2016 under the enclosures of the self addressed envelops sent by idfc /karvy for buy back. After few months i wrote to m/s karvy and they advised me that they have not received the same and to send the indemnity bond of rs 100.00 duly notarized. I sent it on 27 th july to idfc, krm tower office at chetpet and duly received by the manager on 31.07.2017 (As per tracking india post docket no ew[protected]in and ew[protected]in respectively). We had also emailed to m/s karvy with attachments of scanned copy of indemnity bonds and speed post docs. We will have to send to karvy (Or to idfc?) the following docs.
I) request letters
Ii) self attested copy of pan cards
Iii) cancelled bank cheques.
Would you kindly arrange to send our notarized indemnity bond of rs 100.00 to m/s karvy (With docket no to us) if you want m/s karvy only to handle the case.
Karvi computershareprivate ltd
Unit idfc bank limited-infra bonds
Karvy selenium tower b
Plot 31-32, gachibowli
Financial district,
Nanakramguda, hyderabad
500032

After getting response from idfc, we will send the further docs to idfc or m/s karvy as advised.
Best regards.
Ajay kumar debnath
Syama debnath
(Same address for both the folio holders)
Flat no 2. 126 srirampur road.
Garia, kolkata
700084

Ref. No.2785239 folio ide0280356. I have not got documents for buy back option. Can i serve buyback option now as i have not received necessary papers from you. If same are sent please give reference. Moreover if i want redemption now please let me know procedureor the another recourse to get back bond maturity now. Mail id — [protected]@gmail.com

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 - ide0232138) in february 2012. The same was opted for buy back in year 2017.

When i contacted karvy for buyback in april 2017, they asked me to open demat account and the conversion of physical bond to demat form. So i had opened demat and submitted idfc bond to karvy, yelahanka. After processing the application, i got the message that 4 bonds are in demat, ready to sell. But the statement was showing worth rs. 20, 000.

When i asked to sell these bonds, karvy told me that i can get only 20, 000!!!. He told interest part is not added. So i wrote mail to kishore. [protected]@karvy.com, copied [protected]@idfc.com as per idfc customer care suggestion. However sir, the amount was not still released and no one is responding to follow up mails and calls. 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.

. Application no[protected]
. Account number - folio - ide0232138
. Documents received by investee on - 07.04.2017
. Bonda buyback date : march 21, 2017

Folio no. Idd0226621
No. Of bonds :4 ([protected]-[protected])
Buyback. Date : 31.12.2
Dear. Sir,
I. Have. Submitted applications. Dat.07.03.2017. To computers hare. Pvt. Ltd. Madhapur, hyderabad. By enclosing following documents;
1. Bond in original duly discharged
2. Cancelled cheque of sbi
3. Copy of aadhar. Card
4. Copy of pan card

It. Is to inform. That. Even after lapse of 75 days the. Buyback. Amount. Has. Not. Been credited to my account.
Kindly. Expedite. The. Process. And the buyback amount thereof. May. Please be. Credited. To my account.
Thanks & regards;
Sincerely yours
Vijai prakash singh yadav
170- a tagore town, allahabad
Mob. [protected].

I have been allotted attached certificate no. 224452 from distinctive numbers 90605 to 90608 allotted under the beneficiary account no IDD0224452 with buyback date as 31 December, 2016.

Since the locking period is now complete, I need to buyback the bonds. I did not receive any intimation of maturity or the process of getting the maturity amount. Please let me know how do I get the same processed and receive the amount in my bank account.

Non receipt of buy back payment
I invested in 4 bonds of idfc bonds[protected] tranche 2 and i submitted the dtischarged bond along with cancelled cheque with filled bank details form to m/s karvy computer share private limited-hyderabad through speed post on 20/04/2016.
Reminder request sent on 11th may 2017.
Till date no credit received.
Name: ranganathan v email id: [protected]@yahoo.co.in mobile:[protected]
Regd folio: ide0234375

I have not received maturity proceeds of maturity in december 2016 of idfc long term infrastructure bonds[protected] tranche 1 for the following folios of all our family members. 4 bonds each
Idd0245437 sandip manishanker pathak
Idd0245436 bhavin pathak
Idd0310083 naynaben sanjay pathak
Idd0241517 kaushik manishanker pathak
Idd0245440 sumedhaben kaushik pathak
Idd0245439 sanjay manishanker pathak

Please look into the matter and advise.
Regards,
Kaushik manishanker pathak

I was purchased 4 nos bond on 21.03.2012 vide certificate no. 254483 having beneficiary account no. Ide0254483 of rs. 5000/-.

Further i inform you that as per mentioned in the certificate a buyback amount of rs. 7590/- is to receivable by me on 21.03.2017 but till date i did not yet received any intimation from your end as well as no such amount has been credited to my bank account also.

You are therefore requested to please look into the matter and do the needful.

For any information please call me at mob no. [protected]

Thanks & regards

Pralay kumar sarkar
Bangla daspara, batanagar,
Maheshtala,
Kolkata-700140

I have 4 idfc bonds of 5000/- value each in idfc that got matured on march 2017.
Folio no is ide0240359.
Inspite of producing the details to the company necessary to close and refund it in my account it has not been done.
I am continually following up but no response from the company. Kindly do the necessary and request you to transfer the same to my account.

Regards
Subashini

Sir
In response to your advise, i immediately (30-03.2017) sent you a buyback request letter along with 1). The original bond certificate duly discharged on the reverse, 2) self attested photocopy of pan card, 3). A cancelled cheque leaf as proof of bank a/c details for the release of buyback amount from your end as early as possible. But sorry to say, no fruitful result is seen till now. If no positive result comes from your end at an early date i will resort to necessary legal action.
With regards,
K. Sasidhar, [protected]

Sir
In response to your advise, i immediately (24.03.2017) sent you a buyback request letter alongwith 1). The original bond certificate duly discharged on the reverse, 2) self attested photocopy of pan card, 3). Self attested photocopy of voter identity card as proof of address & 4). A cancelled cheque leaf as proof of bank a/c details for the release of buyback amount from your end as early as possible. It is seen from the postal record that the envelop containing all documents handed over to you on 27.03.2017 afternoon. But sorry to say, no fruitful result is seen till now..
Details of bonds :
Name of bond holder : samar kumar sarkar

Buyback date : march 21, 2017. Buyback option : yes
Application no. 15703387. Series : 2, rl no. 242351. Isin : ine043d07af2.
Registered folio no. : ide0291994. Certificate no. : 291994.
No. Of bonds : 4. Distinctive no (S) : [protected] to [protected].
Details of bank account :
Sb account no. [protected]
State bank of india
Siliguri court branch

Ifsc: sbin0007206
Thanking you.


Yours faithfully