Jaiprakash Associates / Jaypee Group — Non payment of FD amount upon maturity

Address: Gautam Buddh Nagar, Uttar Pradesh, 201304

I purchased two fixed deposit as detailed in attached file. The same was produced /deposited in their office on 28.07.2015 for repayment. We did not receive the repayment so far. As per fixed deposit terms and conditions, accruing of interest @12.5% ceases on 31.07.2015 and amount was due for repayment on 01.08.2015. Since they failed to repay me on 01.08.2015 due to their own financial constraints not attributable to me in any manner, I'm entitled to get interest on my maturity amount for the period exceeding beyond 01.08.2015.
It is therefore requested that they kindly repay me Rs 81, 322/ -(Maturity Amount) along with Interest @12.5% on amount 81, 322/- for the period beyond 01.08.2015.
From 01.08.2015 till date numerous reminders through e-mail and phone calls made for repayment. Every time we called their office via phone for repayment date we were told some future dates that never realised. they never committed any thing in writing, neither about date of repayment nor about rate of interest on maturity amount. Due to this long delay and repeated failures of their own commitment, we started losing confidence in you.
Was this information helpful?
No (0)
Yes (0)
Jaiprakash Associates / Jaypee Group customer support has been notified about the posted complaint.
 
Add a Comment

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    Jaiprakash Associates / Jaypee Group
    customer care contacts
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    12%
    Complaints
    350
    Pending
    0
    Resolved
    42
    Jaiprakash Associates / Jaypee Group Phone
    +91 12 0247 0800
    +91 12 0460 9000
    Jaiprakash Associates / Jaypee Group Address
    Sector-128, Noida, Uttar Pradesh, India - 201304
    View all Jaiprakash Associates / Jaypee Group contact information

    New Member Registration

    The following information is hidden from other customers and is only visible to representatives of the company you are complaining about. This step is optional and can be skipped below.

    New Member Registration

    Already a Consumer Complaints member? Log in now
    •            
      or

    New Member Registration

    A confirmation email was sent to "".
    To confirm your account, please click the link in the message.

    If you don't see the email in your Inbox, please check your Spam box.

    User Login

    Not a member of Consumer Complaints? Register now.
    •            
      or
    Loading, please wait...


    Your password has been sent to the specified email address. Log in

    User Facebook Login

    GDPR