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Deep discount bond series i (1992)?

0 votes
231 views
asked Nov 10, 2015 in Others by Rajendra

Dear Sirs, 
As a Guardian I am holding following two numbers of above said Bonds.Details are under.Each bond is of Rs. 2700.00. with a face value of Rs. 1, 00, 000.00

First Bond
(A)Regd Folio No. DAxxx7592
(B)Certificate No xxxx4822

Second Bond
(A)Regd Folio No. DAxxxx4676
(B)Certificate No xxxx7899

My query is that (A) What is correct address for sending above referred Bonds for Redemption? (B) What are the other documents which are required to be attached with the Bonds? (C) There is no reply to my email, sent on 2/11/15 and reminder on 9/11/15,
Computershare Private Ltd. Plot No. 17-24, 
Madhapur, Hyderabad - 500081
Telangana
(D) Phone Nos.as shown in web site seems to be inactive or wrong.
(E) Amount of Redemption is required directly in their Bank accounts. Details of Bank will 

Thanking you
yours truly
Rajendra Vinchhi

be sent along with Bonds.
Thanking 
Yours truly
Rajendra Vinchhi

1 Answer

0 votes
answered Nov 17, 2015 by Deepak

 

Mr Rajendra,

At the outset, let me clarify that this site is designed by a group of senior Banking Professionals to assist Bank Customers at large to provide guidance for resolution of any complain/query/grievance in respect of financial services. This site does not belong to any Bank or a regulator, which may please be noted. 

Reproducing the text and contact details of registrars. If the contact numbers are not working, you may lodge a complain over email to get correct contact number.

Despite IDBI Bank's best efforts, viz. sending individual notices/ reminders to all the bondholders, issuing repeated advertisements in the newspapers and providing information on the Bank's website, some of the bondholders have not yet submitted the discharged bond certificates. In terms of the OD, no interest accrues on the redeemed bonds after the call option/ redemption dates. Bondholders are again requested to forward the duly discharged bond certificates of the aforesaid schemes to the respective Registrars by quoting their Folio no, present address, contact no. and bank details of the first holder together with a copy of his/her PAN. Investors eligible for TDS exemption may furnish Form 15G/15H with a copy of PAN which is mandatory as per revised provisions of Income Tax Act. 

Names, Addresses & contact details of the Registrars: 

  • KCPL: Karvy Computershare Private Ltd, Plot No. 17 to 24, Vittal Rao Nagar, Madhapur, Hyderabad - 500 081 

    040 44655205,44655206,44655137,44655210 Fax:. 040-23420814 E-mail: einward.ris@karvy.com 

  • DFSL: Datamatics Financial Services Ltd, Plot No.B-5, Part B Cross Lane, MIDC, Andheri (E), Mumbai- 400093 

    022-66712200/2206 Fax:022-66712209 E-mail: idbiflexi@dfssl.com 

    Although you have not mentioned name of the issuing entity but based on the face value, I presume these are bonds issued by erstwhile FI IDBI. Trust above information meets your requirement.

    Regards

    Deepak

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