Unit Trust of India Mutual Fund [UTIMF] Complaints & Reviews

Jul 11, 2020

Unit Trust of India Mutual Fund [UTIMF] Customer Care's response In your comaplaint the unit certificate no.is showing as protected. Kindly provide us the copy of CGGF86 scheme certificate to enable to check the status in our records.

Jul 10, 2020

Unit Trust of India Mutual Fund [UTIMF] Customer Care's response Units under the CGGF 86 certificate [protected] had been redeemed in Apr-2004. The redemption cheque was issued and same stands paid to unit holder's bank account at, 'SYNDICATE BANK, WARDHA 442001, Savings A/c no. 4296 vide payment details are furnished below:

Warrant no : RD100003C03173323
Cheque date : 01/04/2004
Amount : Rs.16456.88
Micr no. : 022823
Paid date : 30/04/2004

Jul 10, 2020

Unit Trust of India Mutual Fund [UTIMF] Customer Care's response In your comaplaint the certificate no.is showing as protected. Kindly provide us the copy of CGGF86 scheme certificate to enable to check the status in our records.

Jul 10, 2020

Unit Trust of India Mutual Fund [UTIMF] Customer Care's response Under Id no.[protected] ARS bond certificate 42499714 for 382 bonds is still outstanding (under stop) in our records.

In order to release the payment under Id no.[protected] for the aforesaid bond certificate kindly submit the CGGF 86 certificate [protected] or any other investment proo[censored]nder the captioned investment and ARS bond redemption form duly filled in all respect and signed by the unit holder PRIYANKA KUMARI.

The signature o[censored]nit holder should be attested by bank manager under his official seal mentioning the details such as name, employee code & designation. Also submit the self attested copy of photo Id proof, address proof, bank statement or cancelled cheque leaf.

Jul 10, 2020

Unit Trust of India Mutual Fund [UTIMF] Customer Care's response Units under both the captioned CGGF 86 certificates had been redeemed in Apr-2004. The redemption cheques were issued and same stands paid to unit holder's bank account at, 'BANK OF BARODA (BOB), GOREGAON EAST JAYPRAKSH NAGAR GOREGAON EAST MUMBAI 400052, Savings A/c no. 1032 vide payment details are furnished below:

1. CGGF 86 certificate [protected]

Warrant no : RD100003C01057629
Cheque date : 01/04/2004
Amount : Rs.85545.77
Micr no. : 026784
Paid date : 36/04/2004

2. CGGF 86 certificate [protected]

Warrant no : RD100003C01057629
Cheque date : 01/04/2004
Amount : Rs.85545.77
Micr no. : 026784
Paid date : 36/04/2004

Jul 10, 2020

Unit Trust of India Mutual Fund [UTIMF] Customer Care's response Units under the CGGF 86 certificate [protected] had been redeemed in Apr-2004. The redemption cheque was issued and same stands paid as per our records vide payment details are furnished below:

Warrant no : RD100003C00440356
Cheque date : 01/04/2004
Amount : Rs.6126.98
Micr no. : 002109
Paid date : 29/04/2004

Jul 10, 2020

Unit Trust of India Mutual Fund [UTIMF] Customer Care's response In your comaplaint the membership no.is showing as protected. Kindly provide us the scan copy of certificate to enable to check the status in our records.

Jul 10, 2020

Unit Trust of India Mutual Fund [UTIMF] Customer Care's response In your comaplaint the membership no.is showing as protected. Kindly provide us the scan copy of certificate to enable to check the status in our records.

Jul 10, 2020

Unit Trust of India Mutual Fund [UTIMF] Customer Care's response Units under the CGGF 86 certificate [protected] have been convertd into ARS bonds vide bond certificate 41853263 for 194 bonds under investor Id no.[protected].

Maturity has already been processed under Id no.[protected] for the above captioned ARS bond certificate in Apr-2009. The maturity cheque has been issued and same stands paid as per our records vide details are furnished below:

Instrument no. :[protected]
Intsrument date : 02-Apr-2009
Amount : Rs.20040/-
Micr no : 316745
Paid date : 20-Apr-2009

All the interest payments have been issued periodically under ID no.[protected] as well and same stands paid as per our records. There are no outstanding dues under the captioned investment.

Jul 10, 2020

Unit Trust of India Mutual Fund [UTIMF] Customer Care's response The certificate no. [protected] mentioned in your complain is incorrect. Further units under the CGGF 86 certificates [protected] & [protected] have been convertd into ARS bonds vide bond certificates 42434515 for 100 bonds and 42434523 for 91 bonds under investor Id no.[protected].

Maturity has already been processed under Id no.[protected] for the above captioned ARS bond certificates. The maturity cheque has been issued and same stands paid to unit holder's bank account at, ' HDFC BANK LTD GURGAON, HARYANA 122001 Savings [protected]' vide payment details are furnished below:

Instrument no. :[protected]
Intsrument date : 02-Jan-2012
Amount : Rs.19730/-
Micr no : 686436
Paid date : 20-Jan-2012

All the interest payments have been issued periodically under ID no.[protected] as well and same stands paid as per our records. There are no outstanding dues under the captioned investment.

Jul 11, 2020

Unit Trust of India Mutual Fund [UTIMF] Customer Care's response In this regard we would like to inform you that, Specified undertaking o[censored]TI and Government of India had decided to foreclose the RUP scheme with effect from 1st April ’04 onwards into assured return scheme (ARS Bond).  The option forms have been sent to all unit holders in December ‘03 to January ’04 to avail maturity/fore closer proceeds under RUP scheme. The last date of receipt of duly filled option form was 16th February ’04.  It was also decided that if no option has been ticked or if option form is not received, it is to be treated as default option for ARS tax-free bonds. Further, these bonds are GOI bonds, issued for 5 years. The maturity date for ARS bonds was 01.01.2009. Half yearly interest due on every October and April @ 6.6 % till the maturity.
 
Accordingly units under the RUP 99 certificates [protected] & [protected] have been converted into ARS bonds vide bond certificates 38148354 for 159 bonds and 38148362 for 160 bonds under Id no.[protected]. The said bond certificates were dispatched to unit holder's registered address, however the same are returned to us as undelivered by the postal authorities.
 
In order to release the payment kindly submit the RUP 99 certificates or any other investment proof and ARS bond redemption form duly filled in all respect and signed by the unit holder S MADHURI. The signature o[censored]nit holder should be attested by bank manager under his official seal mentioning the details such as name, employee code & designation. Also submit the self attested copy of photo Id proof, address proof, bank statement or cancelled cheque leaf.