Karvy Computershare - Non-delivery of IFCI Infrastructure Bond Series 4
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Complaint by: Amit Kumar on October 8, 2013, 1:12 pm in Banking and Finance

Hi,

My name is Amit Kumar and I have taken IFCI Infrastructure bond from one of their agent Mr.Annamalai on 30th December 2011.
These are the details:-
Application No:-1327536.
FOLIO : INB0037929
CERT NO: 37929
DIST FR: 150229
DIST TO: 150230
BONDS : 2
Receipt:- Uploaded

I am still waiting for my bonds to be delivered. However the company claims that the bond has been delivered to my address which I have never recieved. Consequently their customer care has told me to send a Rs 200 affidavit to re-issue the bond. I have sent the affidavit requesting them to send me the bond again which they have told will take another 3 months. 3 months have already past and I am still awaiting for my bonds to get deivered. Everytime I called them , and their pathetic customer care will say the bond will reach to me in 1 week or sometime they say it is still under processing. It has now been nearly 2 years since I have been waiting for those Bonds
After going through this site , I came to know there are hundreds of people like me whom have got cheated . I think this company is running a scam and duping the customers. I am contempolating to start a mail chain and create a general awareness to stop investing with KarvyComputerShare, if my complain does not get resolved.

Complainant's Goal: Re-issue of the Infrastructure Bond or Money Refund with interest
Complainant's Target: Karvy Computershare
Complaint Location: IndiaKarnatakaBangalore
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