Infrastructure Development Finance Company [IDFC] Complaints & Reviews

Hi

I have invested in IDFC infra bonds 10 years back and on maturity they sent a DD but with a spelling mistake in my name.
When I contacted them to correct the mistake and arrange to send me a new DD with the correct name and that I am ready to post the previous incorrect DD, but they kept on sending me emails about a list of documents and forms to be submitted, they haven't even sent me the forms they are talking about.
It appears to me that they are trying to avoid giving my hard earned money back and that the spelling mistake in the name has been a deliberate attempt to avoid paying my money.

It's a mistake done by their staff, they should correct it by sending me a correct DD instead of asking me ( after 10 years ) to submit number of different forms and documents. They have my foilo number and all the information already with them, which is sufficient to issue DD in the proper name.

Please I need help in this matter. Any help will be highly appreciated.

Thanks
Sarika

I had accepted some payments on 30-04-22 through their machine but payment has not been released to my account and some payments had to be reverted to customer as slip had not been generated and should not have been deducted from my customers account as it was a debit card but it was deducted than it should have credited back at earliest but still not reverted. Two other payments which were accepted by machine and charge slip also generated should have been credited to my account but still not credited. I feel we should stay away from such banks who do not provide good service to customers like Idfc bank.

IDFC bank fastag forcing customer to keep minimum balance in the fastag account 150 Which is illegal asper NIHA and supreme court order . I had a balance of 90 RS when I reached the toll, toll charge was RS.50, but it didn't allowed due to minimum balance was not there. when i contacted customer care they are not giving proper support and even after recharge also I have waited 30 min to reflect in my account. please take action reg this.

Unit : IDFC FIRST BANK LTD – INFRA BOND TRANCHE 1/ FY2012
FOLIO No: IDD0296444
Dear sir,
My late husband, Abdur Rahim, who died due to COVID -19 was holding the infrastructure bond under reference in physical mode.I contacted KFINTECH SERVICE(third party) and uploaded my kyc, death certificate, husband kyc and bank details at your third party site.but after numerous mail correspondence with KFINTECH, I am yet to received my redemption amount.the KFINTECH has been saying that the amount has been credited in my bank account but the bank statement does not shows any credited amount.

Please help.

Naheed Parveen
Wife of late Abdur Rahim

Account holder name: Naheed Parveen
Account number:[protected]
IFSC code:UBIN053019
MICR Code:[protected]

Purchased idfc bonds in names of simran prakash panjwani & prakash hiralal panjwani in 2011-12.
Please guide how to redeem them and nget back the money. My email is ;prakashp.[protected]@gmail.Com

Payment for my above mentioned bond ( folio number IDE0013699) have not been received by me either in my bank account nor in form of physical cheque/DD . Due date for the same was 21 March 2022 .
I have also sent the self attested copy of bond, adhar card and canceled cheque to the authorised address i.e. KFIN Technologies.
I am still waiting for any update from the bank .

I want to redeem 10 units of IDFC Enterprise Equity Fund Growth ( Formerly G207 SCEEF), however there is no email id where I can write to. I have not received any statement after 31.3.2008.

If I check my CREDit score 2 acount activate about person LOAN rs 12000 what the ###... Iam not get any amt .. Any fraud use my details apply LOAN . I don't know which app application use my detail ... But it's fraud

I see a loan account in my CIBIL from IDFC bank. Amount: 10, 000. It's realated zip paylater. The Zip paylater service is not available since a long. And IDFC bank was the first lender. Later the lender was also changed. But IDFC bank has not closed the loan account even after writing to them many times. Since September 2021 I am writing to them. Very frustrating...
Consumer complaints, kindly help close this fake loan account.
Loan account number: 40644174.
Date opened:[protected]
Date reported:[protected]

I was contacted by IDFC Bank to purchase a personal loan from them. I had no idea what the implications would be, and the money was deposited to my account with a 15% return on investment, whilst other banks offered less than 10%.

When I contacted them to share the foreclosure letter, I was astonished to see that they had added a 5% penalty on the principle amount, plus taxes, which would total nearly $50, 000 if you acquired a ten-lakh loan.

One of the customer service representatives advised me not to foreclose on the loan since they may offer me a lower return. I've sent many emails and called customer service, but have received no answer.

@IDFC Bank, please provide the highest ROI to customers that pay on time.

Sharan, your customer service representative, is the worst person I have ever met

INFRA BONDS: IDE0225435 MATURED ON 21ST MAR 2022.BUT AMOUNT NOT RECEIVED

BANK DETAILS ARE UPDATED ON 5TH MAR 2022
AND THE REQUEST ID IS:: ID95325641

mail:: [protected]@gmail.com

mobile::[protected]

My redemption payment under folio no. Ide0112426 not released.Due to wrong adress written by idfc, the payment not delivered . I have already submitted email on 21.06.2012 for adress correction which was done by idfc vide their forwarding letter no. R/idfe/5002683 dated 15.06.2012.Despite this wrong adress written due to which payment not received .My emails regarding this to idfc dated 15.03.22 &23.03.22 even not responded.

I have IDFC FIRST BANK- INFRA BOND TRANCHE 1/ FY2011
Folio No: IDA0311015
This got matured in 2020 and I have been following up to get the maturity amount credited to the right bank account.
I got confirmation that my correct account is registered but amount is still to be credited.
Last Ref No: NAV/STAT/IDFA/215184/13302525

Loan of 78 k was availed from IDFC at 14% rate of interest was informed & when our loan was disbursed & paid for 10 months now the outstanding is 70 k when asked at chandra layout customer care center they are mentioning the loan is of 90 k & 30% is the interest rate.

Its a scam, Yes they run ECS for 4 times a month & collect bonus charges from every customers.

Kindly take necessary action's.

IDFC limited 8 percent infrastructure bonds TRanche 2 (FIN year 2010-11), redeemed in March 2021, redemtion amount not credited into account. Bonds not held in physical form. Amount invested in my name as given above

FOLIO NO. IDB0204245, Name Rajesh Kanaujia
I am writing mails to KFin Tech since last 1 year on redumption of my bonds.
They have taken all details like Copy of PAN, cancelled cheque and other details.
Now they are telling that they have redemmed these bonds in some another account person in Feb 2016 at Saraswat Bank Vaibhav Complex new delhi in Account no : [protected]
How the Bank can do this mistake, As they are having my details with them.
Its a fraudulent practice adopted by bank .

I have been interacting with KFINTECH wherein I had submitted my BOND certificate on maturity dated Feb 2021 and Nov 2021 respectively

As of now after repeated follow ups I have received inly one payment and the other is being bluffed about stating the same payment with both the folios. only one payment was sent to ne on 30/12/2021.

Please HELP

Call me
FOLIO:IDD0294278 & IDB0323465

Sir,
I would like to inform that I had been allotted 4 (four) 'IDFC Long Term Infrastructure Bond- Tranche 2" of Rs.5000 each, as per Distinctive number from [protected] to [protected] (INE043D07385) vide certificate No. Series 2-80611 dated 21.02.2011 which was matured with a maturity value of Rs. 10800 each as on 21.02.2021. However no payment on maturity and redemption of said bonds has been received by me till date even after lapse of several months.
I am furnishing details of my bank account as under for your ready reference and consideration.
1. Bank: State Bank of India, Branch IIP Township Dehrad Dehradun IIP Township Mohakampur Dehradun Uttarakhand 248005
2. S/A/c No.[protected]
3. IFSC Code: SBIN0002359
4. MICR Code:[protected]
5. CIF No.[protected]
6. Account Holder Name: NAND KISHORE ATTRI
7. Aadhar No.[protected]
8. PAN No.ADKPA5412H
9. E.mail.id : [protected]@gmail.com
You are requested to kindly look into the matter of delay in releasing my payment by IDFC Ltd. on redemption of above four bonds and arrange to release the payment to my above mentioned account forthwith.
An early action is solicited which shall be highly appreciable.
Thanking you in anticipation of your early and favourable action in the matter
Yours faithfully,
(NAND KISHORE ATTRI)
Mobile No.[protected]
Address: Near Punjab National Bank, Post office Road, Post Office Balawala, Dehradun (Uttarakhand) PIN -248161,

I applied idfc infra development bond tr-3 sr[protected] bond wide clint id : idc0000671. how ever only once interest credit rs. 1650.00 on interest period 30/03/2011 to 29/03/2012. how ever my original bond still not received

My IDFC Bonds (4 in nos) were to mature on Dec 30, 2021. Have not received any money that is due to me.