Pancard Clubs — Non payment of maturity value of bonds

Address:Mumbai City, Maharashtra, 400025

In the year 2009, I had kept Rs.1, 51, 200 each in the names of my minor daughters; Ms. Sharan Preetha Noronha and Ms. Pearl Angela Noronha (My elder daughter now has become major). These deposits have matured on 25.11.2015. Well before the maturity date I surrendered the deposit Bonds together with the prescribed form of Pancard Club Ltd; The details are as follows:
Bond # Company Name Amount deposited Date period Maturity date Names
CZA-738 PANCARD 151, 200 25.04.09 6 YRS 25.11.15 PEARL
CZA-737 PANCARD 151, 200 25.04.09 6 YRS 25.11.15 PREETHA

Maturity Amount is Rs. 3, 02, 400 each.

I regret to inform you that two months have passed since the maturity of these bands; the company did not send any payment to me. I had kept these money with Pancard Club with an intention of getting higher returns in comparison to Bank. My Agent also kept me in dark about the developments going on within Pancard Club Ltd. I earnestly request you to please intervene in the matter and enable me to get my money back with full interest.

Thanking you.
Zarina Noronha
Flower Bloom, Kadi Kambla
Shirva Post, Udupi Dist.
Karnataka - 574116

Mobile: [protected]
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Complaint comments 


Dear Sir / Madam,

Till today I have neither received any Cheque nor any credit in to the accounts of my daughters towards maturity value of two bonds that were kept as fixed deposit and matured in November 2015.

Please intervene in this matter and help us to get back our hard earned money.

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