[Resolved] Karvy — non payment of interest and principal amount

lgraju

from Delhi, Delhi

Address:

Chandigarh, Haryana

I have invested rs 10, 00, 000 in c&c through karvy. Since 8monyhs no interest and the pronciple was due on march. All cheques have been bounced, there is no reply to our mails to c &c and karvy. There is no response from the karvy team after repeated calls, mails.

I am looking at an immediate resolution to this, with refund of the money and payment of the due interest on an urgent basis.

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Oct 3, 2018

Complaint marked as Resolved

Karvy customer support has been notified about the posted complaint.

Verified Support

Aug 13, 2018

Karvy Customer Care's response Dear Sir/Madam,

With reference to the above compliant, please share your concern along with your details to kcpl.[protected]@karvy.com to enable us to check and get back to you shortly.

Regards
Team Karvy

Aug 14, 2018

Updated by lgraju I have invested Rs 10, 00, 000/- in C &C constructions on the advise of M/s Karvy wealth services, Branch office, Basavanagudi in April 2016. The karvy person handed over PDC for interest amount and principle amount . The monthly interest amount cheques were encashed untill Aug 2017. Then cheques started bouncing and even principle cheque which was presented in Mrch bounced, The repeated lettters to M/s Karvy and C&C has not been replied. The total amount due from C &C towers ins about Rs 12, 50, 000. I am being a retired person depending on interest amount for living had invested in good faith of M/s Karvy.
But M/s Karvy has not taking any responsibility in getting back my money.

Verified Support

Aug 31, 2018

Karvy Customer Care's response Dear Sir/Madam,

Please share your name and contact details to kcpl.[protected]@karvy.com. Our service team will get back to you shortly.

Regards
Team Karvy

Sep 03, 2018

Updated by lgraju Name V Govinda Raju
Contact No [protected]