[Resolved]  UTI - ULIP — NON REDEMPTION O[censored]NITS

Address: Sambalpur, Odisha

I had applied for redumption of all the units help by me against Folio No.[protected] Investor ID No.[protected] and Folio No.[protected] Investor ID No.[protected] on 20.11.2010 to M/s Karvy Computershare Pvt.Ltd, Bhubaneswar. A sum of Rs.1,32,252.83 was credited to my account on 20.12.2010 while the net worth of all the units against both the folios comes around Rs.170000/- Pl arrange for rectification or furnish the details.
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Aug 13, 2020
Complaint marked as Resolved 
 
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UTI - ULIP — Additional Instalments units not credited to account

I deposited`two cheques of Rs.6000/- ( Six thousand only) cheque No.661742 & 661743dt. 11.4.2008 drawn on Post Office Saving Bank on 11.4.08 at UTI office At Preet Vihar, Delhi.for ULIP of self and my wife.

ULIP Units shown to have been purchased for Rs. 3000/- only as renewal instalment in both cases, where as I have paid one additional instalment as advance which is in lieu of our 10th instalment for each.When contacted I was replied that the units will be reflected in the statement when the next instalment becomes due i.e. after one year.
My request to UTI Mutual Funds ULIP deptt. is that necessary correction may be made & the additional units o[censored]LIP so purchased`at 11.4.08 prize, may be added to our account. We may be intimated by email accordingly. A copy of the statements be also sent to me by post/corrier.
Thanks

Surender Parkash, Membership No UL- [protected]

Sushila Grover Membership No. UL- [protected]

Tel No. [protected] ...&, 22743434
I have full sympathy with the complainant. Hope UTI listens to the complaint fast and gives the due units to the investor so that the faith of the investors in UTI schemes does not shatter again as had happened in US 64 scheme.

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