[Resolved]  Escort Finance Ltd — Non refund of fixed deposit amount of escort finance ltd. after completion of maturity period

Had taken two numbers of fixed deposit scheme for rs. twenty thousand (ten thousand each) of escort finance ltd by cheque no. 006764 dated 08/11/2004 and receipt no. is xe02/cd04023233, a/c no xe02/0130366and xe02/cd04023226, a/c no xe02/ 0130364 on 9th november 2004 which was matured on 10th november 2005. after completion of one-year maturity period on dated 10 november 2005, i had deposited my original fixed deposit certificates at local franchise office of escort finance ltd. (patna) to mr. kajal (incharge of patna office) and taken a receiving.

After that i did constantly following up to get my refund back but they did not given me any satisfactory response. i am regularly talking to mr. rakesh dabur (incharge of f. d. department, escort finance ldt, delhi) over phone from patna to delhi by std and i had spent lots of money over phone calls and fax to delhi office as well as branch office, patna. i had also sent a letter and all the documents to delhi office but till date i have not received my refund
In the above context i would like to pay your attention that i have medical problem. i have been taking a medical treatment over a year. doctor has given me advice for surgery. my financial condition is not as better to bear the operation cost and i have already spent lots of money for the treatment of the disease.
I had also sent all the document (medical prescription, medical report, medical bill, fixed deposit certificate and receipt of payment) to escort finance ltd, reserve bank of india and hardship committe but till date i have not get my refund back.

Therefore i would request you kindly look into the matter and refund my money as soon as possible so that i can do my surgery. i will be very grateful to you for this kindness.
If you required i can send my all document.
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Aug 14, 2020
Complaint marked as Resolved 
 
103 Comments

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MY F/D MATURED IN 2006 - COMPANY HAS TAKEN NO ACTION IN SPITE OF REGULAR FOLLOWS
CAN ANYONE HELP ME.
I WOULD APPRECIATE IF ALL O[censored]S CAN MEET, AND A JOINT ACTION PLAN BE MADE
Hi Sir/Madam,

I was deposited for rs5000/- aug2004 for 36 months. But complany has not return my monry after completed maturity period.

Please tell me status of my FD. And kinldy know me that company pay or not pay or after death pay my money.

Please take immediately any action.

Thanks,

Rajesh Kumar,
Kankarbagh, Patna-20.
Mob.[protected].

Escort Finance Ltd. — Fixed deposit not refunded after complete the maturity date.

Hi Sir/Madam,

I am Rajesh Kumar, Fix Deposit A/c No is XE02/0128463 & Rept.No.XE02/CD04016690, Rs.5000/- for 36-months. this amount deposited on[protected]. But i have not received maturity amount or any amount after maturity still.

I request you, please issue my amount because of i am suffering many problem like -child education fee, desease.

Thanks,
Rajesh Kumar
C/o Ranjit Kr Singh
Shivam Medical Store, Deep Market,
Po-Kesari Nagar, Patna-800024.
Hi Sir/Madam,

I was deposited for rs5000/- aug2004 for 36 months. But complany has not return my monry after completed maturity period.

Please i am suffering from several problem due to money. So I request you pay my money.


Thanks,

Rajesh Kumar,
Kankarbagh, Patna-20.
Mob.[protected].
Hi Sir/Madam,

Subject: Regarding payment against A/C No.XE02/0128463, Rept.no. XE02/CD0416690.

I was deposited for rs5000/- aug2004 for 36 months. But complany has not return my monry after completed maturity period.

Please i am suffering from several problem due to money. So I request you pay my money.


Thanks,

Rajesh Kumar,
Kankarbagh, Patna-20.
Mob.[protected].

Comm. Add. C/o Ranjit Kr. Singh, Shivam Medical Store,
Deep Market, Po- Kesari nagar, Patna-24.

Escorts Finance Limited/Fixed Deposit — Non payment of maturity amount on 2 FD's

The following FD's held jointly in the name of Neelam Tripathi and Ashok Kumar Tripathi are long overdue.
1)A/c no.XE/02/0106057 Prin.amt. Rs 26396/- Maturity Rs 28547/- DoM:21.04.06
2)A/c no.XE/02/0131367 Prin amt. Rs 11000/- Maturity Rs 11938/- DoM:22.12.05

Please indicate the status and likely date for making payment of the aforesaid FD's.

A.K.Tripathi

Mobile no.[protected]
Dear Sh. Sharma,

Plese refer to my letter wherein I requested your goodself to refund the maturity amount alongwith the interest. You had therefter called for original receipts of Fixed Deposits ( duly signed by me ) which were sent to you. Thereafter, you requested for a copy of my signatures verified by Bank, details of PAN Card etc. vide your letter No.[protected] dated 01.01.2008. The information/documents were sent to you vide letter dated 13.05.2009. I have not heard anything from you since then. I came to know that the case came up for hearing in Delhi High Court on 30.06.2009.

Since I am a widow and have already more than 75 years, i may not live to see the judgemetn of the Court. You will appreciate that I am walking into the dusk of my life, I shall be grateful and would bless you and your family for urgently acceding to my request for payment of entire amount alongwith interest to my Bank Account. I am running out of time and desperately need the money received from post retirement benefits of my husband.
I have two FDs with Escorts finance LTD. FDR No.XN15/CDO5004345 AND XN15/ CD05LUED004346
deposited in year 2005.for 13 months.but i have not received back even a single rupee from EFLTD TILL DATE though i have submitted all my original receips to EFLTD. as per their letter nos.EL/HCEFL/1285
AND 1286 DT.[protected].I can also mention here that Rs.15000/- and Rs.10000/-were released by the
HON`ABLE HARDSHIP COMMITTEE in my favour and cheques were issued .but these did not reach me
till now .I DON`T KNOW WHAT HAPPENED TO THOSE CHEQUES.
I REQUEST THE CONCERNED AUTORITY TO LOOK INTO THE MATTER AND ARRENGE THE REFUND.

ESCORTS FINANCE LTD./ FIXED DEPOSIT — Non-refund of maturity amount for F.D

My deosit of Rs.25000/- in Escorts Finance Ltd. on 25.11.2005 ( bearing A/C no XEO2/0100996 with receipt no XEO2/CDO3023590 ) had matured on 26.11.2005. The matured amount of Rs 30121/- has not been paid by the company inspite of regular follow up with them. The address of the company is N-6, Pratap Building, Cannaught circus, New Delhi. Kindly do the needful so that the matured amount is refunded to me immeditely. Thanking you.

Escorts Finance Limited — request to proceed for maturity payment

I have invested /deposited Rs 226000( some on my wife 's name) approx in fixed deposit schemes which are in maturity due payble to me(already 2 year passed) .and sent all docoments (original fdr)in ist part for processing of maturity of Rs 1, 64000/- approx + interest accrued but awaited for a more than 2yr, not received still now.
Dear Friendz,

The said co. has still not paid any amount to anybudy since last 3 years.

Let's do something...


S.p. singh
I my self invested in the same company having A/C No XNO8/0022433 and maturity date was 28/11/2005, having no maturity amount received as on 29/07/2009. I deposited all original documents to it's Lucknow office and contacted it's New Delhi office saveral times and than given up the further attampts.
Dear Sir,
I am your customer for this fixed deposit in ESCORT FINANCE LTD. Please send me the status of my Fixed deposit Receipt number A/C XE02/[protected] XE02/0076887 i"m sumit original copy FD receipt on recve copy . As the maturity date is already over on 11/04/08, but i am unable to get my money & contact with the concernt person. So Please reply for my FD Status and when i can get my money back, on my given email id [protected]@gmail.com
Dear Sir,
I am your customer for this fixed deposit in ESCORT FINANCE LTD. Please send me the status of my Fixed deposit Receipt number A/C XE02/[protected] XE02/0076887 i"m sumit original copy FD receipt on recve copy . As the maturity date is already over on 11/04/08, but i am unable to get my money & contact with the concernt person. So Please reply for my FD Status and when i can get my money back, on my given email id [protected]@gmail.com maturity dat 22/9/2006

regards

Qazi Md Masood
[protected]
Non Refund of Fixed Deposit Amount of Escort Finance Ltd.
ESCORT FINANCE LTD is fraud non banking institute. They do not bother to inform the present status of the FD's. I got renewed my hard earned money with the Escort Finance ltd in the yr 2005. At the relevant time the company was aware that they were awarded risk rating by the crisil but they accepted the amount. Now they are neither returning the amount nor replying any of the correspondence. I request all complainants to file a writ petition before the special bench of Hon'ble high court, New Delhi to obtain an order for compelling the company to return the amount and if not possible the company should intimate the status of FD after every 15 days or one month.
Dear Sir,

Please note that the following two fixed deposit certificates were deposited with the authorized personnel at Escort’s office at Berger House, 129, Park Street, Kolkata – 700017 for redemption:

(a) FDR No. XE 02/CD[protected]; Account No. 1792; Date of Maturity: 06-Oct-2005
(b) FDR No. XE 02/CD[protected]; Account No. 1533; Date of Maturity: 25-Aug-2005

The total amount on the aforementioned two FDRs comes to Rs.35, 000/- approx. Both the certificates were in the name of Ruma Ghosh Roy & Ajoy Chandra Ghosh Roy.

I regret to inform you that even after lapse of four years’ time, I have neither received my due amount nor has any information been provided to me by Escorts Finance Ltd. about the same, inspite of repeated follow-ups.
Dear All,

I am too facing the similar situation like you all and now have decided to go legal against Escort finance ltd, by registering a complain at the consumer court .For the same i would request you all to forward me your names, detail and amount at the following ID :[protected]@gmail.com .W.R.T i will formulate a joint meeting soon (fist week of september 09 ) for a brief analysis and finally will go legal.
do let me know ...in case any other survival strategy works against Escort at this point of time ..:)

-Kaushik
Hello everyone,

The ESCORTS folks have no intention of returning the money. They were saying that necessary useless shares of ESCORTS will be allocated in place of the FDs.

However a case was registered in Delhi High Court seeking for FDs amount rather than the shares. The escorts guys give this case as an excuse on why they cannot return the FDs amount.

They are cheats nothing else.
Date: 12.09.2008


THE SECRETARY
HARDSHIP COMMITTEE
C/o M/S ESCORTS LIMITED.
11, SCINDIA HOUSE,
CONNAUGHT CIRCUS,
NEW DELHI – 110 001

SUB: PAYMENT OF FDR NO XN [protected], [protected], [protected]

REF: YOUR LETTER NO EL/HCEFL/6903, 6904, 6898, (T[protected] DT 01.09.2008

Sir,

This has reference to your above letter for the payment of FDR, In this regard I here inform you to I will take the option of PAYMENT for the above FDR for your reference
I am enclosing here with the following documents:

1. Copy of FDR NO XN [protected], [protected], [protected] .[protected]
(Original with the company)
2. Form No 60
3. Copy of receipt of FDR (FDR given to Company)
4. Certificate of signature verification

Kindly acknowledge the receipt the same and send me the Cheque/Pay Order as early as possible.

Yours truly,



ANIL KUMAR AGGARWAL
PRESENT ADDRESS: H NO 40, GALI NO 3
ASHOK GARDEN, NEAR RAILWAY STATION
GURGAON – 122 001 (Hry.)

PERMANENT ADDRESS: 2522, CHURI WALAN, SARAK PREM NARAIN
DELHI – 110 006


(M[protected]

TEL:[protected]



Date: 12.09.2008


THE SECRETARY
HARDSHIP COMMITTEE
C/o M/S ESCORTS LIMITED.
11, SCINDIA HOUSE,
CONNAUGHT CIRCUS,
NEW DELHI – 110 001

SUB: PAYMENT OF FDR NO XN [protected], [protected]

REF: YOUR LETTER NO EL/HCEFL/6899, 6900, 6902 DT 01.09.2008

Sir,

This has reference to your above letter for the payment of FDR, In this regard I here inform you to I will take the option of PAYMENT for the above FDR for your reference
I am enclosing here with the following documents:

1 Copy of FDR NO XN [protected], [protected],[protected]
(Original with the company)
2 Form No 60
3 Copy of receipt of FDR (FDR given to Company)
4 Certificate of signature verification

Kindly acknowledge the receipt the same and send me the Cheque/Pay Order as early as possible.

Yours truly,



SAVITA RANI
PRESENT ADDRESS: H NO 40, GALI NO 3
ASHOK GARDEN, NEAR RAILWAY STATION
GURGAON – 122 001 (Hry.)

PERMANENT ADDRESS: 2522, CHURI WALAN, SARAK PREM NARAIN
DELHI – 110 006

Escorts Financial Services — Non Refund of Matured FDs

Sir,

I have 5 FDs with this Company which got matured a couple of years back. Despite my several reminders and visit to the office of the company, so far I have not received any payment from them. Even, they do not reply to my letters. I am a senior citizen and can not make futile visits to the company and beg to the wealthy big-wig Directors (if they meet me - which is unlikely) to return back my hard earned money. My fault is that I belived that the company with such renowned Directors will be trustworthy.

I fully agree with the views of other hapless investors that the Directors of the company are enjoying their lives with our hard earned money. It is shame on our system that these people are not punished for such fraud.

Would be grateful if anyone can help this old man to get back his money which I need desperately at this old age.

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