HDFC Bank Mutual Fund — late payment of redemption amount of rs 2.44 lakhs

Address: Jabalpur, Madhya Pradesh, 482001

1. My folio number 4320176/30-hdfc cpo-36 m got redeeemed on 30 jan 2017 and final payment to my bank was made after a delay of 6 months only after my complaint in aug 2017.
2. Amc is not sharing the details of address and account number on which the cheque/neft was made. My mandate of redemption was neft then why cheque was issued.
3. As told by amc that address and bank accounts were changed, so is the delay. Where as my latest account and address details were updated on 15 feb 2017, still the redemption amount of 2.44 lakhs was neither paid by cheque or neft till aug 2017 when client made a written complaint to amc at jabalpur (Mp).
4. No reasonable compensation in terms of late payment was done alongwith the payment in aug 2017.
5. Please do the needful to settle the loss due to late payment and take action on faultering officials.
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