Icici pension bonds 1997
Fusal for payment of demand face value of the bonds as that amount has been trasferred to iepf

I purchased the icici pension bonds (two worth of rs 10000/ ) in 1997 and gifted for my elder sister, who is poor and helpless, so as to get pension of 1000 pm at her age of 60 years. after completion of 13 years and six months, in jan. i contacted icici bank for redemption of said bonds. but icici bank refused to pay neigther the pension nor the demand face value of bonds as the company opted for early redemption bonds and accordingly the amont has been trasferred to iepf. it is not only injustice but also illegal.neither the icici nor icici bank didn't inform the last dates for claims and redemptions. without any information the company exercised the option of early redemption and didnot provide time to claims and redemption to the depositor.

please let me know the procedure to get the amount eigther from the bank or from iepf.

vps raju purchaser of bonds of icici pension bonds 1997.

Company: Icici pension bonds 1997
Country: India
State: Andhra Pradesh
City: Hyderabad

  <     >