Complaint Details

Status : Closed Closed
Complaint No
: 0001872/2012
Category : Others
Date : 28-01-2012
Subject Line : FORFEITURE
     
Complainant : S THIRUVENGADAM
Address : 14, BAZULLA ROAD, T. NAGAR
     
Complainee : MILESTONE DOMESTIC SCHEME II
Address :

 

Complaint Details
I had invested Rs, 1,00,000/-each on this milestone domestic scheme II in my children account but they have not clearly explained the forfeiture clause incase of discontinuance of the scheme. But they said it is about 3% when you discontinue the scheme. But they have forfeited 50% of my investment in both the accounts. If this is attended i will be very grateful to the nation which is so kind to their citizens.

Replies

Date: 2012-02-24 16:15:59
Subject: FORFEITURE
Reply: Dear Mr. Thiruvengadam,

We gone through your complaint and we understand that the matter is of bad investment. it is not under our purview.

Thank you,

S. S. Suresh
Executive officer
 

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