I am holding 2 no. Of above bonds. I purchased these bonds in the year 1998 out of proceeds of fdrs. Your represantative (Yr) contacted me at my residents n informed about above product with following advantage:
Higher yield of 9% against 8.20% in case of fdr
Very safe investment
Maturity period is 4 year
He/she (Yr) arranged a meeting with sr. Executive of the bank who endorsed n recommended for switching overn to said product. Accordingly they succeeded n l gave my consent.
The problem started when i came to know about various adverse reports in the media particular about ati bonds. I contacted bank informing about my investment. However, no body could explain about it except some move is going on to write off the same. I seek clarificaion as to what is going on as iam worried about its safety being 70% of my retirement benefits. Was this information helpful? |
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