Peerless General Finance & Investment Complaints & Reviews

I had a certificate from the Peerless General Finance and Investment Company Ltd. under 10 year Welfare Endowment Scheme on 02.03.1995 with a yearly premium of Rs: 500. The scheme bearing No:E5559639/972, matured on 02.03.2005. But I am yet to receive the maturity value as well as the interest. I have a request toKollam Branch office to return the matured amount but not avails. I request you to take necessary steps to return the maturity value as early as possible.

MY CERTIFICATE NUMBER IS U0692137 .
MY MATURITY PAYMENT IS DUE FROM 27/03/2008 .
I DO NOT HAVE THE CERTIFICATE OR ANY RECEIPT EITHER .
NO RESPONSE FROM THE COMPANY ON THE FURTHER PROCEDURE FOR REFUND .
I HAVE PAN CARD , VOTER ID etc. FOR VERIFICATION .
KINDLY SUGGEST WHAT TO DO .

MY EMAIL ID IS [protected]@yahoo.com

Sir


I Have received theDuplicate Discharge form cum vovcher from Peerless office Dt 03-07-10 . For the claim of Rs.658.oo which was matured on[protected]. and now I am not having the original certificate with me i have lost it sofar. Now how can i claim that amount if it is possible please replay.

Ref No. MAT[protected]

Certificate No : E7804735

Name : I .Victor Ezhilan Nathan
No. 5, St, Joseph Nagar J.J. Nagar (EXT)
Moolakulam, Puducherry 605010

Sir/Madam,

Ref your letter No - MAT[protected] dated 21 Jun 2010. Hereby I am informing you that I am at present age 80 years old women. I dont have any bank account. But I having post office account. If it is good for you I will send my account No. Kindly do the favour for me in my old age it will be helpful for my life. Please do the needful for me which I will not forget till my death.

Post Office Savings - 904940
Nagercoil - 629001

Expecting your favourable advice in this regards.


With Regards,

P.Saraswathy

Respected Sir,
I am Mrs R. Sakthibai i joined in peerless grneral finance and investment company in the social welfare scheme i have joined the scheme on2/03/1993 and paid some more instal ments my certificate and office code no is[protected]/966 and br.vide counter code f colln.si. no.1411
Sir kindly see my account and send the amount that is due to me is sent my canara bank srinagar colony branch kumbakonam thanjavur in tamilnadu pin 612001 bank account no. sb ac 23579 or send the money to the following address R.Sakthibai w/o R.regunathan. 3/1418 udayam nagar anjugamnagar (via) kumbakonam (po) tamilnadu .612001
sir kindly do the needful

thanking You
Yours sicerelly
R.Sakthibai

I am Sudhir Kumar Das, 67 years old, from west-Bengal & I am being cheated by The Peerless general finance & investment company limited & their agents.


The company & there agents jointly cheated their customers & I am one of the victim. The Company does this kind of fraud mainly in rural areas where people are mostly illiterate.

One of those agent came to me & advised me to take a policy of 2 years RD & 5 year FD plan. As per the companies brand-name & reputation I had invested in the said plan, and also paid the money to the company through that agent & in return he gave ma a money receipt
My certificate number are:

( A6827071, A6827072, A6827073, and A6827074 )

Now one month before maturity they send us Discharge form and I came to know that the maturity amount is 27767 where I invest 42200/- Total all 4 certificate amount is showing : 27767/- instead of Rs. 76171/- (maturity amount after 7 years)

I am a senior citizen & for me it is very difficult to visit their offices & it is near about 30 to 35 km from my house… so I tried to contact over phone:[protected]…. But there is nobody to pick up the phone & this contact no. I got from their website http://www.peerless.co.in

Several time I sent mail to them (which is mention on the site but no response), So I decide to go to their office & meet thier manager. He said that the cheque which was received from our side was bounched. Although I didn’t give any cheque to this agent. He collected the amount from me.
I never received any cheque bounce information & no body communicated about this also. Manager who is in charge of it told me that u speak to the agent & we are not anyway responsible for your issue. He pretended as if the agent was of my responsibility & the company is not anyway responsible. WoW what a service provided to a senior Citizen. It’s a company’s joint venture policy with their agents where company need not to pay the whole amount after maturity.

After that I came to know from my brother Mihir Das also a victim of this company, not only me & my brother many people of the rural area are also the victim. ITS MY HUMBLE REQUEST TO ALL CITIZENS OF INDIA THAT NEVER EVER INVEST A SINGLE PENNY IN THIS COMPANY.

Details of Agent as-per company money receipt :-
Agent Code (If existing Customer): 21246290 / 216
Unit’s Top Code no: 6004690 / 216

sir
with due respact i would like to inform u that my father have some certs. against your company which are already being matured as per advice of local officials i applied for discgarge form cum voucher by speed post on 04/02/09 to the DIR GEN MNG sp no SPEE[protected]IN BUT till today i found no response .
that sir i am requesting u plz take your neccessary actions to give my maturity as early as possible....

I have invested in the said co.I have 20 certificates.which belong to no. A6575101 to A6575120 & my wife's certificates no.A6575081 to A[protected]certificates).Date maturity of all 40 certificates were 28/12/2008.I have submitted papers on 10/11/2008 at asansol branch but till date payment is not sent to me.Since 1st.week of january 2009 maturity cell informing me that your payment is under process.My question is how much time it takes to process & will the company pay me interest for delay payment

I have submitted my PF claim form in January to company which subsequently forwarded the same to PF office Kolkata on 24th February 2008.

It is regretful to state that no communication has been received from PF office nor i received money till date....