Sahara Q Shop — Sahara Q Shop policies amount not refunded || Kesar Jahan

Hi Respected Dignitaries,

This mail is regarding the Sahara Q Shop — Advance for Q shop goods ( exist ) plan H which has been matured way back however Sahara is not ready to provide the refund of it despite multiple follow ups.
To give the brief background of the whole incident want to update you all that my mother purchased Sahara India Real Estate bond when she tried to get the policies matured amount,
Sahara agent told her that there is some issue going on and return of Sahara India Real Estate bond is not possible and pursue her to convert the Sahara India Real Estate bond into Sahara Q Shop — Advance for Q shop goods ( exist ) plan H. On 11th May 2012 due to conservation 2 Sahara Q Shop policies were issued against the name of Kesar Jahan(My mother) with a maturity period of 3 years.

Since then my 65 year old has followed her hard earned savings to Branch code: Bairagarh(1371) but always gets the same reply that there is a hold on policy and nothing can be done.
We have also written to SEBI about it but they refuse to help in stating that they only entertained the Sahara India Real Estate Corporation Ltd. (SIRECL) and multiple, income and housing
bonds by Sahara Housing Investment Corporation Ltd. (SHICL).

With all the doors shut down, I am writing this mail in the hope of getting the help for the return of the matured amount stuck with Sahara Q Shop policies and save a 65 years old lady who became a victim of a scam run by Sahara.

I have also raised the same to our respected Prime Minister under the communication number PMOPG/E/2021/0428222.


Sahara Q Shop policies details and attached policies snapshots:-
Policy Name:
Sahara Q Shop — Advance for Q shop goods ( exist ) plan H
Policy holder name: Kesar Jahan
Date: 11/05/2012
Branch code: Bairagarh(1371)

Bond1
Receipt no: [protected]
Policy no:[protected]
Amount : 137700
Bond 2:
Receipt no: [protected]
Policy no:[protected]
Amount : 137700

Regards,
Nishat Ali
[protected]
Was this information helpful?
No (0)
Yes (0)
Sahara Q Shop customer support has been notified about the posted complaint.
Complaint comments 

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    Sahara Q Shop
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    4%
    Complaints
    1026
    Pending
    0
    Resolved
    44
    Sahara Q Shop Phone
    +91 124 440 7444
    +91 522 665 6565
    +91 22 3966 5000
    Sahara Q Shop Address
    C-38-39, G-Block, 15th Floor, Parinee, Crescenzo, Bandra, Kurla Complex (E), Mumbai, Maharashtra, India - 400051
    View all Sahara Q Shop contact information