IFCI, education bonds
Non refund money of Education bonds 1996 after maturity

Dear Sir

In the year 1996 i have invested my savings Rs 12000 in Education Bonds in IFCI with a lock period 13 years

i Planned my savings in Education bonds for 13 years wait period for my childern Higher eduction, after investments i am waiting for maturity period of 13 years

after maturity i approached to IFCI with my bonds, IFCI informed me that that scheme has been scarped and send back the investments, due to my inter state transferable jobs

i have not received intimation so IFCI kept my investments up to 7 years and they sent my investments to IEPF (Investor Education protection fund) as un claimed amount

due to transferable job i have not received communication from IFCI in time, when i approached to IEPF they informed me that No refund can be made from IEPF

Now i am job less as my MNC company expelled me from company due to Resession

Now i have to pay my children private collage fee studding in B.Tech 2nd and 3 rd years

Sir please look in to matter do the needful to get back my investments

Regards

sreenivas

Company: IFCI, education bonds
Country: India

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