ICICI
Non redeemption of MMB-0798-Three issued by ICICI Bank

Business & Finance

I had invested Rs.1- in Money Multiplier Bond-MMB-0798-Three issued by ICICI Bank, these bonds were due for maturity on 17/01/09, but unfortunately I did not receive any communication for submission, on July 24, 10 I sent an e-mail to M/s.3-i infotech the consultant of ICICI bank, who flatly replied that bonds are already redeemed on 10/01/09 and cheques were sent to me. As on date I have not received any cheque simultaneously the bank on which cheques were drawn is closed since Dec.2006. This fact was drawn to the notice of consultant who now ignores my e-mail and my money is eaten up by them. I have lost all my faith in any bank especially ICICI bank for doing such a cheating practice as matter of fact how they can redeem bond by not calling back. I am still holding original bonds. The details are given hereunder;

Bondholder No Certificate No Distinctive No Name of Holder

4097-282 11331 24679 Nemi Amit Patel

4097-283 11332 24680 Jyoti Amit Patel

4097-284 11333 24681 Amit Nagjibhai Patel

I hope this will be sufficient for taking my case to appropriate authority and help me to get my money back. My e-id: anzpatel@sify.com

contact: 9925208807

thanking you for allowing me to post my problem on your forum site,

% Amit Patel, Vadodara


Company: ICICI
Country: India
State: Gujarat
City: Vadodara
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