Sahara Q Shop — Non refund of maturity amount of Sahara QShop unique Products Range Ltd. investment. | |||||
I was having an investment of Rs.1, 00, 000/= in Nirman Bond Sahara, Document reference[protected] which matured to an amount of Rs.2, 08, 700/= in 2013. The investment was made through Geeta Verma, Field Worker of Sahara India Pariwar, Delhi Office, E-128/2, Mohmadpur, behind Bikaji Cama place, New Delhi, phone No.[protected]. In March 2013. When I approached Atiq A Khan, Assistant Manager of SAHARA INDIA Delhi office for payment of maturity amount, I was informed that the Sahara India was facing financial constraints and it will take some more time to make the payment along with interest for the extended period. When I asked how much time it would take, I was informed that they had no information. Meanwhile the Asst.Manager helped by his Accounts section members and a couple of agents prevailed upon me and almost coerced me to reinvest the maturity amount as on that date 3.3.2013 in their, new star project, Sahara Q Shop Unique Products Range Ltd. with maturity period of Six years under Receipt No.[protected] and Certificate No.[protected], Customer I/D[protected] .As the payment was refused I was left with no alternative but to reinvest in the above scheme In view of their motivation and coercion and in view of the fact that there was no express need for money for me at that time .I in good spirit and trust reinvested the money.The reinvestment matured in March 2019 to the tune of Rs.4, 70, 870/= and when I approached the Sahara Office in March 2013, Vandana Bharti, the then Branch Manager of Sahara Delhi office informed that Sahara India was involved in dispute with SEBI which would be resolved soon and I can expect payment on in March 2020. I have been repeatedly approaching Sahara for payment since March 2020 and lately they informed that the payment would be made soon with interest on extended period as the settlement of dispute with SEBI was nearing settlement. I am Badly in need of finances for the education of my childeren and the investment was made keeping this in mind. I would, therefore, request you to kindly use your good offices in getting me the payment from SAHARA. Amit Kashkari (m)- [protected], A-902, Harikrishna Aptts. Sector-45, Faridabad, Haryana, -121003 .. Was this information helpful? | |||||
Sahara Q Shop customer support has been notified about the posted complaint. | |||||
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