My Chitra scheme matured in June 2016, and I haven’t received my ₹1 lakh maturity amount yet. This company seems to be delaying payments for RD accounts. What can I do now to get my money back?

Apni Law
Apni Law
Law Forum › Category: Banking / Finance › My Chitra scheme matured in June 2016, and I haven’t received my ₹1 lakh maturity amount yet. This company seems to be delaying payments for RD accounts. What can I do now to get my money back?
Vote Up
256
Vote Down
Apni Law Staff asked 1 year ago

My Chitra scheme matured in June 2016, and I haven’t received my ₹1 lakh maturity amount yet. This company seems to be delaying payments for RD accounts. What can I do now to get my money back?

1 Answers
Vote Up
27
Vote Down

Best Answer

Apni Law Staff answered 1 year ago

You can file a complaint with the Reserve Bank of India (RBI) or approach the Consumer Forum. You can also initiate legal proceedings against the company for defaulting on payment.

You Might Also Like

My sons took out an education loan in 2005, and I’ve been making monthly payments ever since. I sent Rs 2,500 to the SBI account, but they only transferred Rs 1,610 to the loan account. They also charged me more than Rs 2,200 in fees. I raised this issue in 2010, but never got a response. I stopped making payments in 2012. I was asked to attend a Lok Adalat, where I offered to pay Rs 2 lakh (the outstanding amount was Rs 3 lakh). They refused my offer. Now they’ve transferred the loan to Reliance ARC, and they’re demanding full repayment. My loan was unsecured. Is it legal for them to transfer an unsecured loan to an ARC?

Is binary trading allowed in India? I’ve heard it’s illegal, but some people say otherwise. I’m confused about whether I should try it. Can you clarify if binary trading is legal in India?

My personal and credit card loans total about 25 lakhs, with monthly payments reaching 1 lakh, twice my income. Banks aren’t willing to combine or extend my loan terms. Can I file for insolvency to restructure my debts?

How to trade safely in crypto currency?

My mom and I are planning to buy an apartment together. I’m planning to take a home loan, but I don’t want the property to be in my name. Is it possible to have the ownership solely in my mother’s name while I contribute half the payment through the loan and she contributes the other half? Could you advise me on this?

Share This Article
Previous Article My son is 3 years old and my daughter is 5. My husband wants a divorce, but I’m not angry. He earns around ₹80,000 from rent and owns a house, although it’s registered in his father’s name who has passed away. What are my children’s rights to the house and rental income? What rights does my son have to his father’s house?
Next Article I’ve been living in a rented flat in Mumbai since November 2014, with my agreement expiring on August 31st. We were four tenants, each paying a security deposit of ₹15,000. Everyone paid online except me, as I didn’t have internet banking then. We vacated the flat in August 2015, but the landlord is refusing to return my security deposit, claiming I lack proof of payment. The agreement clearly mentions my cash payment, signed by her. I’ve been hoping she’d reconsider, but she’s adamant. What legal options do I have to get my deposit back?

Follow US

Find US on Social Medias
Popular News
- Advertisement -
- Advertisement -
Ad imageAd image

📢 Stay Connected!

Join our community on Telegram and WhatsApp for instant updates, news, and exclusive offers.