ICICI Prudential Mutual Fund
Illegal rejection of redemption claim

Business & Finance

I have invested in ICICI Prudential Tax Growth Plan under folio no.1429020/49. I intend to redeem my units under said folio. I have submitted redemption request but the ICICI People have rejected this on the ground of signature differ. Again I have resubmitted with signature attested by Bank Manager but again they have rejected saying I have to resubmit the entire documents. When I resubmitted now with full set of documents they dare to reject it again saying signature differ. When i have got the signature attested by Bank manager (as wanted by them) where is the question of signature differ now?? Now they wants an affidavit on Rs.100/- stamp paper. This is the fraud they are playing with small investors. Their intention is clear just to avoid payment by rejecting redemption on some ground or other. How can they play like this?? I have to teach them a lesson certainly. ICICI is a totally fraud Company, public should be aware of this.


Company: ICICI Prudential Mutual Fund
Country: India
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