This complaint is regarding KFJ bond of gold scheme. I paid Rs. 409, 795 and have booked 205 grams of gold @ Rs. 1, 999 on 23rd July 2017 under this scheme. The maturity date is 23rd July 2020 with 3 years locking period.
In Dec’19 there were news that KFJ business is in trouble and when I visited the Valsaravakkam branch, the shop was closed with a notice requesting time from customer for them to come out of their difficulties and back in business shortly. After the maturity of the bond, I visited their Mylapore branch which is closed with the same notice stuck on the grill.
I am from a middle-class family and have invested this hard earned plus my 2 daughters’ savings for their future wedding. I will be very thankful if your team could help me to recover my hard-earned invested amount.
Details of the bond for your reference (scan copies attached):
Name: Lakshmi Ravinthar
Bond Registration No: 7B0G3 – 45 /[protected]
Thank you
Regards,
Lakshmi R
[protected]
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