Inconsumercomplaints.com » Business & Finance » Review / complaint: Invesor Services of India - Constant negligence of our redemption Proceeds | News #342263

Invesor Services of India
Constant negligence of our redemption Proceeds

Dear Sir/ Madam,

With great anticipation and frustration I write this mail, complaining about the service process of investor services of india ltd and Sucheta in particular who has been either ignoring my mails or taking action which was not adviced by me. kindly refer the mail history below and direct me to a sincere responsible respresentative who can help me resolve the issue.

2-11

Sucheta,

I'm extremely dissapointed with your mail and response. Either you don't understand or you intentionaly are trying to annoy me. Right from the very start of our conversation, I've been asking you to credit the funds "TO MY ACCOUNT" and now you're telling me that a courier has been sent on 29th October?

I dont reside in India, so who will receive the courier, will you send another courier and how many couriers will you send? when I told you that my mother received the funds in her account, you said that "ECS details give by her, hence redemption amt. Rs.10580.00 credited through ECS". When I asked you what is ECS, you simply decided not to respond.

After sending my 3rd reminder to you (refer below), you very conviniently decided to respond on my 1st reminder, to save yourself.

Sucheta, what you've done is extremely unprofessional and I would like to talk to a responsible senior manager. Either you credit the redemption funds to my account (details given in 3rd reminder and a cancelled cheque has been attached) or give me the contact details of your line manager.

At this point in time, I'm extremelly dissatisfied with your services, and expect some responsibility towards your customer from your side. Please explain the situation to your manager and ask him to respond as to why inspite of my instructions, you took the liberty of neglecting my request and sending a courier to me.

Awaiting your soonest response!

Jai Kumar Aidasani.

Re: Reminder 1 - Re: Redemption of Folio No 23IFB 2404232.

Monday, 1 November 5:17 PM

From:

"flexi23"

Add sender to Contacts

To:

"Jaykumar Aidasani"



Dear Sir /Madam

Revalidated warrant no 10164732 have bee posted to you by courier on 29/10/10

Regards

Sucheta

Investor Services of India Ltd.

IDBI Building, sector 11

A wing, 2nd Floor

CBD Belapur

Navi Mumbai - 400614

& On Mon, 1/11/10, Jaykumar Aidasani wrote:

From: Jaykumar Aidasani

Subject: REMINDER 3. Fw: Reminder 2 - Re: Redemption of Folio No 23IFB 2404232.

To: [email protected]

Date: Monday, 1 November, 2:58 PM

REMINDER 3

ATTN: Team,

This is the 3rd consecutive reminder that is being sent to you. Kindly give me the contact e-mail of the concerned person/ department who can help me resolve the issue. If I fail to receive a response from your side, then the matter will be escaladed to the senior management for action.

Regards,

Jai Kumar Aidasani.

& On Thu, 28/10/10, Jaykumar Aidasani wrote:

From: Jaykumar Aidasani

Subject: Reminder 2 - Re: Redemption of Folio No 23IFB 2404232.

To: [email protected]

Date: Thursday, 28 October, 6:31 PM

Dear Sucheta/ Team,

Kindly note the bank details appended below and attached is the cancelled cheque. Please credit the funds at the earliest.

Bank Details:

Bank Name: State Bank of India

Branch Name & Code: Main Indore, 387

Bank Account Number: 10612447712

Address: GPO Chouraha, Indore, Madhya Pradesh

Pin Code: 452001

Swift Code: SBININBB267

IFSC Code: SBIN0000387

Thanks & regards,

Jai Kumar Aidasani.

& On Wed, 27/10/10, Jaykumar Aidasani wrote:

From: Jaykumar Aidasani

Subject: Reminder 1 - Re: Redemption of Folio No 23IFB 2404232.

To: [email protected]

Date: Wednesday, 27 October, 4:45 PM

Reminder 1

Dear Team,

I still await your response on the appended mail.

Regards,

Jai Kumar Aidasani.

& On Mon, 25/10/10, Jaykumar Aidasani wrote:

From: Jaykumar Aidasani

Subject: Re: Redemption of Folio No 23IFB 2404232.

To: "flexi23"

Date: Monday, 25 October, 5:17 PM

Dear Sucheta,

Thankyou for your prompt reply. I would like you to credit the redemption funds to my account number mentioned in my mail sent to you.

Kindly note that the old account number as well as the new account number is the same, the changes have been made by the bank, so if the credit goes to the old account number (as mentioned in your records) or the new account number, the credit will go under the name of Jai Kumar Aidasani.

Nevertheless, i'm typing my account details again. If you face problems crediting the funds to the new account number i.e. you require the holder's signature etc, then you may credit the funds to the account number mentioned in your records, i.e. 01190030169.

Kindly clarify what is ECS, and what details were given by Deepa Aidasani, so that I can furnish the same details to you, and get the issue resolved.

Bank Name: State Bank of India

Branch Name: Main Indore

Bank Account Number: 10612447712

Your soonest response would be highly appreciated.

Thanks & regards,

Jay Aidasani.

& On Mon, 25/10/10, flexi23 wrote:

From: flexi23

Subject: Re: Redemption of Folio No 23IFB 2404232.

To: "Jaykumar Aidasani"

Date: Monday, 25 October, 11:08 AM



Dear Sir /Madam

23IFB2404232 - JAIKUMAR AIDASANI

Revaldiated warrant no 10163738 dated 24-JUL have been undelivered to us by post. It is valid for 2 months. Kindly confirm address / bank details for processing revalidation.

For any changes in your address and bank details, kindly forward a letter duly signed by 1st holder with folio no to our following address for necessary action.

23IFB2404231 - DEEPA AIDASANI

ECS details give by her, hence redemption amt. Rs.10580.00 credited through ECS.

Regards

Sucheta

Investor Services of India Ltd.

IDBI Building, sector 11

A wing, 2nd Floor

CBD Belapur

Navi Mumbai - 400614

&-- Original Message &--

From: Jaykumar Aidasani

To: [email protected]

Sent: Monday, October 25 1:54 AM

Subject: Redemption of Folio No 23IFB 2404232.

25-10

To,

The Manager,

M/s Investor Services of India

Sub – Redemption of Folio No 23IFB 2404232.

Dear Sir/ Madam,

With reference to your letter IDBI/ IFB23/ DLO DRAFT/ 3561/ 23IFB 2404232, I would like to bring to your kind attention that instead of refurnishing you with my details to facilitate the processing of the cheque, I hereby request you to credit the funds realized to my account. Appended are my details, and I request you to kindly take this issue seriously. Any verification proof or clarification required will be duly provided to you.

My mother Smt. Deepa Aidasani also had the same under the folio number 23IFB2404231, and upon realization, the funds were directly credited to her account, then why has the credit been delayed to my account.

Ref.: IDBI/ IFB23/ DLO DRAFT/ 3561/ 23IFB 2404232

Folio No.: 23IFB 2404232

DLO No.: 8776

Distinctive Bonds number – 2300201433 – 2300201434

Number of Bonds - 2

Date of Warrant: 20-Apr-10

Warrant No.: 10141190

Amount (Rs): 10, 580/-

Bank Details as per record: The old account number 01190030169 has been changed to 10612447712, due to core banking.

First Holder Name: Jai Kumar Aidasani

Unit: IDBI Flexibonds 23

Security: IDBI Infrastructure Tax Saver bond 2005 B

Bank Name: State Bank of India

Branch Name: Main Indore

Bank Account Number: 10612447712

Yours sincerely,

Jai Kumar Aidasani.

&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&- DISCLAIMER This message contains information that may be privileged or confidential and is the property of the ISIL Group. It is intended only for the person to whom it is addressed. If you are not the intended recipient, you are not authorized to read, print, retain, copy, disseminate, distribute, or use this message or any part thereof. If you receive this message in error, please notify the sender immediately and delete all copies of this message. &&&&&&&&&&&&&&&&&&&&&&&&&&&&&&


Company: Invesor Services of India

Country: India   State: Maharashtra

Category: Business & Finance

0 comments

Information
Only registered users can leave comments.
Please Register on our website, it will take a few seconds.




Quick Registration via social networks:
Login with FacebookLogin with Google