[Resolved]  UTI ARS Bonds — UTI ARS BONDS REDEMPTION

Dear Sir,
I had submitted the required application for redemption o[censored]TI ARS BONDS alongwith the Bonds certificates which were in the name of my daughter Vaishali Milind Chittal who has now become a major.I had given all details of my daughter’s bank account alongwith attestation of her signature by the bank branch manager.This was done on 2nd of July 2009 when I was in India on a visit.I was informed by the concerned UTI representative at UTI Branch at JVPD scheme, Vileparle West (where I had submitted all the details) that all my papers were in order and that the amount (approx Rs. 66, 000/-) would be credited to my daughter’s branch account within 15 days.However it is more that 6 weeks now and the amount is still not credited to my daughter’s account.Since I live overseas in Dubai I would request you to let me know the status of the above redemption.The following are some details (perhaps not all, since I live overseas) I can give related to these bonds given for redemption :
Name o[censored]TI Scheme: UTI ARS Bonds
Name of holder : Vaishali Milind Chittal (dob 14/5/1989)
Name of Guardian : Milind Yeshwant Chittal
Folio no.[protected]
Account no.? : [protected] (not sure)
I would appreciate an early reply to my above query.
Thanks and Best regards,
Milind Chittal
Email:Millind.[protected]@dubaiairports.ae
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Complaint marked as Resolved 
Necessary steps have been taken by the company to resolve your complaint.Company has emailed and taken the necessary action the solve the matter.
 
2 Comments

Comments

I have two UTI Tax Free ARS bonds with UTI Investor Services Ltd., in the name of my wife. We would like to know the status of these bonds and the procedure to redeem these bonds. Please help us on the same.
Hi all,

My self Arif i can help you to resolve your queries and i can get you your hard earned money back.
Please call me on +91 [protected]/[protected]

Awaiting for your call.

Thanks,
Arif

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