Lloyds Finance Limited — non receipt of payment as per multiplier scheme by lloyds finance limited

Address:411030

My father, mr. Mukund vasant ghate and grand mother, mrs. Nalini vasant ghate has deposited their hard earned money with a faith in lloyds finance limited in year 1995 and 1997. The amount was rs. 8, 000/- & 26, 948/-. It was deposited in the name of mukund vasant ghate and nalini vasant ghate and vasant gopal ghate respectively dated-15/12/1995 and 07/12/1997 for 12 months in multiplier scheme @ 15.50% year. The maturity date for these investments were 07/12/2000 and 08/12/2000. The receipt nos. Are 28983/1 and [protected]/1 and [protected]/1.

We are still not in a position to bear such financial losses as the amount was invested with some future planning and now the time has come that someone has to take the leadership again and fight for the amount invested. My all family members are almost 60+ and my grandmother is 86 years old. We are in need of money and i feel like highlighting this to you since from a long time we haven’t got any follow up from the company.

It’s a long story started in the year of dec’1995 and 1997 and finally after too many follow-ups and rounds at different office locations of lloyds finance limited; my father and uncle has lost their patience and stopped following up. Few days before, my grand mother explained me how they were made fool and hence i decided to bring this to your notice and see if i can help her in this regards. Looking at the current company standard i have that faith that our money is still in the safe hands.

Further, for us, inr 36, 000 is still not a small amount and considering the year of investment of amount, you can easily make out that it’s a considerable amount.

I will be glad if this request is been considered with the gravity of value of money invested in 1997 and assist us in getting back our hard earn money.

I am not sure how many have received their invested money back but i feel like following up for the same with a ray of positive hope as these days the finance companies have changed their approach and they are became more customer benefit oriented and started listening to customers queries very seriously and positively.

Furthermore, i have escalated this issue to consumer forum also but without any luck. Please refer to the below link.

http://www.consumercourt.in/fixed-deposit/408-lioyds-finance-limited.html

Looking forward to a favorable and quick response from you.
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