PACL India Complaints & Reviews

Sir, I recived cheque of Rs 1900/ from PACL INDIA LTD from Allahabad office but the name mentioned was TEHRA BEGUM BANU sorry to say that it is wrong and my name is only TEHRA BEGUM. I contact to Allahabad office but they say that it is mistake of head office and send it to Jaipur office. Then I send this cheque no. 44412 by registered post on dated 16/12/2010 to Jaipur PACL office at AMBER TOWER but sorry to say that there is no any response from this office. Sir I am village farmer and cannot know the procedure and rule, will u please try and give justice in this matter. Only name is to be change name is TEHRA BEGUM which is mentioned in my Bank account no. So do the needful at the earliest. Add - TEHRA BEGUM Village and Post - Handuor Dist- Pratapgarh.(U.P)
230136. Tele[protected].

I, Vinod Kumar Verma, was working in PACL India Limited as Sr. Estate Executive (Code No. [protected]) from Nov 2005 to Dec 2009. During this tenure I was an outstanding performer. I have received various appreciation letters for my contribution for bringing an outstanding business for the organization. But in Dec 2009 because of some issues with my seniors they have blamed me that this person is involved in anti- Company activities & misguiding our premier field associates. On the basis of these false complaints company terminated me & refused to give my remaining remuneration/incentives. When I asked them to give an explanation why my incentive was blocked, then they said that as we have already sent you the notice for that disciplinary action taken against me . Which i didn't get at all. If they would have send my any such notice then they would surly be having my receiving. The incentive was of around Rs 50,000 + Rs 50,000 (ORC).

I want the justice. Could you help me out

Thanks & Regards,
Vinod kumar Verma
Mob. No. [protected].
vinu.[protected]@gmail.com

Dear Sir,

when i browsed your company website. i cant found your branches of PACL India Pvt ltd. can you tell detail about your branches.(i.e) how many branches are there in all over india.

Dear Sir/Madam,
I have been suggested by some agent to invest in PACL India Ltd. Before investment, I want to confirm the following:

Q1) Whether I can see my account (Policy/ FD/ RD) in PACL on the internet, so that I can get an assurance that my account is authentic and my premiums are getting timely deposited? If yes, how can I register myself Online in PACL (without needing any agent)?
Q2) After maturity, whether I will be forced to take the Land only, or will I have the option of taking maturity value (money)?
Q3) Can I deposit the Premium amount ONLINE in PACL?
Q4) Why "Account Payee" cheque is not accepted by PACL Agents for depositing the premium amount?
Q5) Whether the Land is alloted by PACL to its investors only in the areas like Pokhran (Rajasthan) or near Pakistan border?
Q6) Whether the maturity amount will be tax-free as the agents claim?

Please give reply to the above questions/doubts in detail, as so many agents are motivating the public to invest in PACL. And if there are any chances of fraud in PACL, please give wide publicity about it through Newspaper, TV, etc. so as to make the public aware.

I will invest some money in pacl india ltd. The pacl india ltd is the goverment undertaking or private. If investers loss them money the govt will take response or not. my agent tell me the company can give plot registory as a security document and if the invester wants to take a land equeasition he give the notice to the company before 6 month of the maturity of the plan.Please send me the information quick as possible....

my email id is yogesh.[protected]@yahoo.com

Hi This is Shravan Gaikwad

PACL Is it govt undertaking

I will invest some money in pacl india ltd. The pacl india ltd is the goverment undertaking or private. If investers loss them money the govt will take response or not. Please send me the information quick as possible.

please mail on [protected]@yahoo.com

About Deposited Amount
My Name is Reeta Yadav. I have received all the received of my payments. Now all paper is OK. I return my previous complaints.
Reeta Yadav
S. K. Yadava
B22/240A, Khojava Bazar, Varanasi
Mobile No. [protected]

I had invested some money in pacl india limited due to my friend suggestion. But know i am having some doubts about this company.did this company is good or not what about the working condition of this company .did the money which invested in this is safe or not please give me reply.on my mail id
[protected]@rediff.com

I invested 40,000 Rs. in PACL but i have doubt in the company because while i search about company on net there is not enough information about company and investing system told me by agent is not classify on site so how can i believe on investment returns.i[censored] have any information about PACL plz give me on my mail id
[protected]@yahoo.co.in

I am in reference to my 2 policies no U[protected] & U[protected] , I am timely paying my installments to your agent whose code is [protected] and he is not submitting my money and telling me that he has consumed my money for his personnel use.

I am deeply concerned for my money and want PACL to suspend this agent as soon as possible.

Dear Sirs,

I had taken two policies from PACL India Ltd on[protected]Policy
No.0522250 and 0522253 ( Regn No.UI45200237 and UI45200240
respectively ). I had also paid 30 installments in this period. The
policy will expire on[protected] as per Plan No. 12/6Y. That means a
few months to be balance. But now I am not able to continue the
payment of policies, due to some financial calamity, as it is required
about 2 years to complete the policy. I had contacted the authorities
Mr. Meetu Tikoo (C.C.O H.O,Pacl India Ltd,7th Floor, Gopal Das Bhawan
28, Barakhamba Road, Cannaught Place, Delhi – 110001& CSC I/C, Mr.
SOJAN, 3rd Floor, Dee Pee Plaza, Near Hotel Sidhartha Regency ,
Kokkalai, Trichur (Kerala) , 680021 to resolve the issue and
re-payment the money, but they are helpless to resolve the problem. So
I humbly request you to Please advice me through appropriate channel
to make arrangements to settle the issue as soon as possible

With regards,

Pramod Kumar R.P
Ramath House,
Chiyyaram P.O,
Trichur - 680026

Mobile :- [protected]
:- [protected]
Phone :[protected]

PACL India Ltd. a compnay having chain system business to promote their business to join others & earn money. But after some time the senior guys forced the junior ranked people to invest for monthly gift i.e. TV,Wrist watch,VIP Bags etc.. to improve their business or target.Otherwise they used their reference & stop the commission at the branch. I would like to know who has given the pemission to stop the commission. According to the company terms & conditions or rule of any chain system business, the higher ranked person will get the commission if their junior doing good work in the field.Obviously the should support the junior.

I had invested in a Plot Scheme Regd nO. U[protected] in my son Muthumanigandan D's Name in the year 2003 and remitted the installments Rs. 5460 for 3 years. through the agent. Subsequently he has not turned up and the scheme ended on 9/3/2009. I preferred closure of the account on 19/8/09 and was eligible for Rs.16380/-. The office was so much crowded and I found hard time to close the account as if I went for borrowing. The amount was paid on next day with great difficulty. I found that Rs 193/70 (liqudated damage) and Rs 6000/- towards 20% ev. Charges on face value had been deducted for no reason. I was not paid any interest on my investment of Rs[protected]*3) but deduction of Rs 6193/70 was made. No one could able to pay attention even to clarify. I wrote complaint on 10/3/10 to their Delhi Office and reminded on 56/10. So far no one replied. The unauthorised/unexplained debit was not paid. Even I was not paid interest too. I found some one had addressed the poor administration in the same consumer complaint column. I too had my complaint so that it reaches proper hand and our money paid back. Please let us know whom should I approach if they had not paid/replied.
S Duraibabu / D Muthumanigandan /[protected] /[protected] / 1/2 New Street, Mannady, Chennai 600001

I have opened one policy on 20.11.2007 (policy no. U[protected] and want to discontinue. So pls tell me the procedure to take the amt. back.

Dear Sirs,

My sister was approached by an agent to join in PACL Ltd (Pearl) RD scheme and she has already paid 1st Instalment. When we searched the website, we found a website in the Company. But in the website, there was no mention about the schem. So, i request you kindly give me the details including reliablity of the Company.

Sheela

Respected sir, i need to know the details of PACL INDIA LTD.They are collecting some investment from the public in the name of LAND LINKED REAL ESTATE SCHEME...is this investment is leagal or not?what is the present reputation of this company?is government is responsible for this investment?They are doing business through network marketing channel like PEERLESS.So please send the details as early as possible.

PACL company has started the new investment sceme .
i want to know whether this is company is licenced or not?
This company is producing a lot of agents for collecting the money.
Need help to know details of the company.

PACL India Ltd. is a public Ltd. a public sector company in the field of timber industry, agriculture technology and real estate development. The company is also engaged in sale and purchase of agricultural land and supported with huge land bank

FIXED AND RECURRING DEPOSIT SCHEMES: BENEFITS
PACL India offers two types of investment schemes
1. Installment Payment Plans (IPP) in other words Recurring Deposit Plans
2. Cash Down Payment Plans (CDPP) in other words Fixed Deposit Plans
Other benefits for an investor will be
1. No Tax Deduction on the maturity value as the income is an AGRICULTURAL INCOME
2. Provides 'Accidental Insurance Coverage' without any additional payment (activated after 60 days from the date of 1st term of the investment)
3. Yields investor around 12% of interest if calculated in terms of interest

Period of Investments

1. Installment Payment Plans - Term of 66 months or 5 & 1/2 years with options of monthly, quarterly, half-yearly and annual deposit plans
2. Cash Down Payment Plans - Terms ranging from 5 & 1/4 years (or) 6 years 3 months or 7 years (or) 10 years with maturity values based on term chosen

(GOLDEN OPPORTUNITY FOR INVESTMENT CUM SAVING PLANS)
Incorporated under Company’s Act 1956. (Some Govt. link as below)
www.mca.gov.in/ministry/primers.htm
http://www.watchoutinvestors.com/compindex.asp?findword=Pacl
http://www.mca.gov.in/DCAPortalWeb/dca/MyMCALogin.do?method=setDefaultProperty&a...⇄
S.No. Company Name

1 PACL INDIA LIMITED
CIN U70101RJ1996PLC011577
CASHDOWN PAYMENT (FIXED DEPOSITE)

To invest or for further query, please contact:
JITENDER KUMAR – [protected] (contact between 6:00pm to 8:00pm only) or email at [protected]@yahoo.co.in
Also Visit www.jitu4usml.webs.com

Many agents approach me to join PACL insurance and they show a chart of return on investment. It indicates double amount of investment on maturity within 5 years. In coimbatore thousands of innocent people investing in this company, lakhs and lakhs of money.

Kindly inform the genuinity of the company for the sake of those people.

Dear Sir/Madam,

My husband Mr.V. Ramakrishnan B.A.B.L (Advocate) was expired on July21st, 2009. He has made some Insurance in PACL India Ltd. The premiums were paid in full before his death. His agent has not delivered the original certificates and other details to me. The PACL agent code is : [protected] and the Agency Unit Code is : [protected]. The Name of the Agent is : Mrs. Geetha Kailasam, Chennai.

The Address of the Insurer is : MR.V.RAMAKRISHNAN, 4/260, Thangavelu Street, NGGO Colony Post,
Coimbatore - 641022. Phone :[protected]

Please arrange to get the Original Certificate from the Agent or atleast arrange to get me the copy of Insurance certificate to enable me to claim the Insurance amount from the company.

Thanking you,

Mrs.ANNAPOORANAI RAMAKRISHNAN,
(wife of deceased)
Coimbatore/