Inconsumercomplaints.com » Miscellaneous » Review / complaint: PMC Mercantile Pvt Ltd - Monthly Dividend/Profit/Bonus not paid | News #491440

PMC Mercantile Pvt Ltd
Monthly Dividend/Profit/Bonus not paid

Dear All,

I was invested an amount of Rs.100000/- in Scheme II offered by PMC Mercantile Pvt Ltd, as per their broucher they will reimburse minimum of 10% per month on total invest with them. For first 6 months i was recieved dividend throught Direct Credit Cards, later cards were not validated. However for 1 month i received dividend through Cheque, later no dividend were received. However i called several times to Development Officers as appointed by PMC, and they are conveyed that RBI issued an notice to all financial institutions stating that limitation on issue of multiple cheques, so that they are unabling to clear the dues to investors. If RBI clears the issuance of multiple chequest then only they reimburse. Any how we were not getting any dividend from this company. I am thinking that company is gaining by draging RBIs notice, and i request you to all kindly confirm weather RBI has issued such type notice or not? If not i adviced to all, not to invest in this company.

Companies website: pmcmadurai.com, pmcmercantileprivatelimited.com

Any body can help me to recover my money from this company.

Kindly SMS me to on 09752096219


Company: PMC Mercantile Pvt Ltd

Country: India

Category: Miscellaneous

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