LOAN AGAINST POLICY NUMBER 121774069 - urgent request please

---------- Forwarded message ----------
From: "Tarun Malhotra" <fromtarunmalhotra@yahoo.co.in>
Date: May 2, 2012 4:32 PM
Subject: Fw: LOAN AGAINST POLICY NUMBER 121774069 - urgent request please
To: <investcare@gmail.com>

--- On Wed, 18/4/12, Tarun Malhotra <fromtarunmalhotra@yahoo.co.in> wrote:


From: Tarun Malhotra <fromtarunmalhotra@yahoo.co.in>
Subject: Fw: LOAN AGAINST POLICY NUMBER 121774069 - urgent request please
To: co_crm@licindia.com
Date: Wednesday, 18 April, 2012, 10:15 AM

Dear Sir,
 
Please refer trailing mail sent to your model town branch, i visited this branch yesterday to check status of my loan application, the attitude of your team was totally unacceptable.
 
I met Mr. Rajinder Kumar Badola - Asstt. Admn. Officer, he said it will further take 3-4 days, i went there as i required this money urgently otherwise there was no fun of going there & wasting time more over he commented "Don't come here for this" - i ask here why should i be denied access to your office to check status of my application" .
 
After this he redirected me to Mr. Dharam Veer - Asstt. he was least interested to even listen to my plea, straightaway showed me a bunch of papers lying his table saying that "he has one week work pending with him as computers are not working" & turned his revolving chairs back towards me & also was not bothered even to ask my policy number to check status just as a courtsey & commented " YAHAN TO SAB AISE HI URGENT WALE AATE HAIN"
 
& other gentleman (Mr. Shiv Kumar Saini - Asstt.) without any concern & purpose simply started commenting "ye waise hi bol raha hai bina wajah, sara din aise log aate hain yahan - & his tone was totally unacceptable i am thinking on lines of taking the matter to your highest authorities.
 
Since they responded in such a lethargic manner i lost my temper  & had no option but to go to Branch head infact at this stage i felt nothing can move at LIC & REMINDED ME of the TV commercial showing an old lady giving away her dead husbands belonging to similarly behaving insurance officials, even your Branch Head was least bothered, when i requested him to look into my case, he on piece meal basis said it will be done, i expected him to ask my policy number, infact i had to request him twice to kindly note my policy number & finally one lady sitting in his office noted the number on a small scrap slip & were in too much hurry that i leave & not bother them.
 
Request you to kindly help in getting my loan clear on very urgent basis today is third day of my application.
 
Every customer standing in hall said what i did was correct & not just that your own agents sitting on the first floor seemed frustated due to attitude of LIC officials & said please send a strong complaint as officials here are never ready to listen at all.
 
In the end i would like to add that people like Mr. Sanjay Mittal are running LIC, HE WAS THE ONLY PERSON TO OFFER ME A SEAT, LISTEN TO MY CONCERN & PROFESSIONALLY NOTE MY DETAILS, INFACT HE EVEN REMEMBERED MY MORE THAN 6-7 MONTHS CASE WHEN I CHANGED PAYMENT MODE FROM QUARTERLY TO ANNUAL & THIS IS WHEN WE INTERACTED OVER MAILS ONLY.
 
Regards
 
Tarun Malhotra
9711130446, 9555055579
 

--- On Mon, 16/4/12, Tarun Malhotra <fromtarunmalhotra@yahoo.co.in> wrote:

From: Tarun Malhotra <fromtarunmalhotra@yahoo.co.in>
Subject: Fw: LOAN AGAINST POLICY NUMBER 121774069
To: "lic model town" <bo_123@licindia.com>
Date: Monday, 16 April, 2012, 5:12 PM

Dear Sir,
 
This is in continuation to trailing mail, the loan application with all required documents & original policy bond have been submitted at your office, copy of receipt is attached, kindly arrange to transfer loan amount immediately.
 
Thanking You,
 
You faithfully,
 
Tarun Malhotra
AC-II, 122C,
SHALIMAR BAGH,
DELHI - 110088
9555055579
9711130446
 

--- On Mon, 16/4/12, Tarun Malhotra <fromtarunmalhotra@yahoo.co.in> wrote:


From: Tarun Malhotra <fromtarunmalhotra@yahoo.co.in>
Subject: LOAN AGAINST POLICY NUMBER 121774069
To: "lic model town" <bo_123@licindia.com>
Date: Monday, 16 April, 2012, 3:59 PM

CHEIF MANAGER
LIC OF INDIA
G1, MODEL TOWN - III
DELHI
 
Dear Sir,
 
My representative Mr. Prem Narain is there at your branch to submit documents for loan, request you to kindly help in for submission of documents.
 
He is carrying with him following documents for submission for loan
1. Original Policy Document/bond.
2. Original application
3. National Electronics Funds Transfer - Mandate Form - IFS CODE seems to be left out, which kindly note SAPPR 080101
4. My Axis Bank cheque copy.
5. Pass book copy reflecting my account number
6. Loan quotation received from LIC
 
Request you to kindly process & transfer funds at the earliest.
 
Thanking You,
 
You Faithfully,
 
Tarun Malhotra
AC-II/122C
SHALIMAR BAGH,
DELHI-110088
9555055579

(download)

Forthcoming Dividend Update


Forthcoming Dividend Snapshot

AAUM

Returns

 

Scheme Name

Dividend Rate

Record Date

NAV

Rs. Cr

3 Yrs

5 Yrs

6 Yrs

7 Yrs

Since Launch

Launch Date

Franklin India Flexicap Fund

20.00%

23-Mar-12

14.13

1739

32.36

10.46

9.95

17.61

17.36

9-Feb-05

Magnum Emerging Business Fund

25.00%

29-Mar-12

16.48

456

52.01

10.25

8.16

16.92

21.88

17-Sep-04

Magnum Taxgain

35.00%

22-Mar-12

35.36

4633

26.06

7.13

8.57

18.03

17.35

31-Mar-93

IDFC Premier Equity Fund –Plan A

24.00%

23-Mar-12

24.10

2407

40.20

21.15

18.44

20.21

26-Sep-05

IDFC Premier Equity Fund –Plan B

20.00%

23-Mar-12

19.91

2407

40.20

21.15

18.44

20.21

26-Sep-05

TATA Equity Opportunity Fund

10.00%

23-Mar-12

19.98

291

29.53

8.40

6.91

14.95

29.75

29-Mar-03

BNP Paribas Equity Fund

10.00%

21-Mar-12

11.48

138

22.19

7.13

6.34

13.83

17.74

3-Sep-04

 


11.90% SREI - Secondary Offer

 Many co-operative banks, trust are showing interest in these instruments. It makes prudent decision to lock in investment at current attractive yields. 

M/s SREI infrastructure Finance Ltd. has been notified as Public Financial Institution under Section 4A of the Company’s Act vide G.S.R No. 2223 (E) dated 26.09.2011. A copy of the notification is enclosed herewith for your record.

 

Coupon

Paper

Maturity

IP

Rating

Min

11.90%

SREI INFRASTRUCTURE FINANCE LIMITED

11-Jan-22

11th Jan Annually

Care AA by care and BWR  AA by brickworks

Min 10 Lacs

 

Security / Bond

11.90% SREI INFRASTRUCTURE FINANCE LIMITED 2022

Nature Of Security

UNSECURED NON CONVERTIBLE NON CUMULATIVE REDEEMABLE TAXABLE BOND

Rating

CARE AA by CARE & BWR AA by brickworks

Coupon Rate

11.90%

Face Value Per Bond (Rs.)

1,00,000.00

Interest Payment Date

11-Jan Annually

Put/Call Date

N.A.

Maturity Date

11-Jan-2022

Delivery

Demat

ISIN

INE872A08BZ4

Listing

BSE

 

 



Click here to download:
SREI Profile.pdf (339 KB)
(download)

Click here to download:
PFI Notification - 17-10-2011.pdf (86 KB)
(download)

IFCI LT Infra Bonds - Series V : U/s 80CCF: Issue Opens on 29-Feb to Closes 27-Mar-12

Last issue of this financial year. Don’t wait for last minute. Hurry UP!

 


Subject: IFCI LT Infra Bonds - Series V : U/s 80CCF: Issue Opens on 29-Feb to Closes 27-Mar-12

 

IFCI Long Term Infra Bonds U/s 80CCF – Series V  

 

(Open : 29-Feb to 27-Mar-2012 )

 

IFCI Long Term Infra Bonds – Series V U/s 80 CCF, which has opened on 29-Feb-12 at a very attractive Coupon Rate 8.50% (12Yrs) & 8.72% (15 Yrs) p.a.

 

Highlights of this issue : ( Open : 29-Feb  to 27-Mar-12 )

 

  1. Interest Rates : Annual and Cumulative options
  1. For 12 years : 8.50% p.a. (Buyback after 5 & 7 years )
  2. For 15 years : 8.72% p.a. (Buyback after 5 & 10 years )
  • Min. Appl. : Rs. 5000/- ( 1 bond )
  • This is a private placement issue, aggregating Rs. 50/- Cr with a green-shoe option with retain over-subscription.
  • Benefit U/s 80CCF is limited upto Rs. 20000/- in a F.Y. but there is no upper limit on investment.
  • Bonds are available in
    1. Demat ( Mention demat no & PAN No. ) &
    2. Physical Form ( attach : Self attested copy of PAN Card, Address Proof & one cancelled cheque ),
  • Min. Application Amt. is Rs. 5000/- i.e 1 Bond and in multiple of 1 bond thereafter,
  • Option & Tenor : Annual and Cumulative options with 12 & 15 years and buy-back after 5,7 & 10 Years,
  • Rating by - Brickwork : ‘ BWR AA- ’ , CARE : ‘ CARE A+ ’ , ICRA : ‘LA’ [ now ‘(ICRA) A’ ]
  • Don’t wait till last date, as interest on application money will be paid as per bonds applied from data of cheque realization,    
  • Only Resident Individual and HUF can apply,
  • Deemed Date of Allotment : 31-Mar-2012
  • Registrar :  Karvy Computershare Pvt. Ltd.
  •  

    For application form or any assistance, pl feel free to email me or call me back.

     

    Warm Regards,

    Anup Bhaiya
    +91 98204 52811
    Email: anup@moneyhoney.co.in  

    --------------------------------------------------------------------------------------------------------------------------------------

     


    (download)

    Click here to download:
    IFCI INFRA V Bond Issue -TERM SHEET.pdf (258 KB)
    (download)

    Online Renewal of TamilNadu Ration Cards

    Tamil Nadu Govt. has extended the deadline for renewing ration cards.  The New dead line is 31.03.2012. Those who fail to renew their cards earlier can now renew online at  http://210.212.62.90:8080/newfcp/cardvalidity.do . After filling all the information, they have to download the acknowledgement slip in PDF form and print it two copies. One copy should be  pasted  in their card and another copy should be given to your ration shop. Those who don't wish to receive anything from ration card (kept for identity purpose) can skip the second step.
    Really useful step. 
     

    Muthoot Finance Ltd - NCD Issue

    Click here to download:
    Muthoot Finance - Product Note.doc (76 KB)
    (download)

    Muthoot Finance Ltd. NCD

    Issue Opening on: March 02, 2012

    Tentative Terms of the Issue

    Options

    I

    II

    III

    IV

    Frequency of Interest Payment

    Annual

    Annual

    Annual

    Cumulative

    In Multiples of

    1,000(1NCD)

    1,000(1NCD)

    1,000(1NCD)

    1,000(1NCD)

    Coupon Rate (%) for NCD

    13.00%

    13.25%

    13.25%

    NA

    Effective Yield (per annum)

    13.00%

    13.25%

    13.25%

    13.43%

    Period

    24Months

    36Months

    60Months

    66Months

    Redemption amount (per NCD)

    Repayment of the Face Value plus any interest that may have accrued at the Redemption Date.

    Rs.2000


    Company Profile

    Muthoot Finance Ltd (MUTHOOT), is a systemically important non-deposit taking NBFC focusing on gold loans to individuals for personal and business purpose. As on September 2011, Gold loans under management was reported to be Rs 20,767 cr with 129.5 tons of gold jewellery as security for the loans. As on Sept 2011; Co’s network was spread across 3,274 branches across 20 states and 5 union territories with close to 5.5 mn loan accounts.


    Promoter Of the Company:
    M. G. George Muthoot is a graduate in engineering from Manipal University, and is a businessman by profession. He is the National Executive Committee Member of the Federation of Indian Chamber of Commerce and Industry ("FICCI") and the current Chairman of FICCI‑Kerala State Council. He was conferred the Mahatma Gandhi National Award for social service for the year 2001 by the Mahatma Gandhi National Foundation. He is an active member of various social organisations including the Delhi Malayalee Association, Kerala Club

    Investment Rationale

    ↗ The issue carries yield ranging from 13.00% p.a to 13.43% p.a depending up on the series applied for.

    ↗ Opportunity to invest in the largest Gold financing NBFCs of India.

    ↗ This NCDs are proposed to be listed on the BSE.

    ↗ Heritage of over 72 years

    ↗  Gold Loan AUM: `Rs.22694.9 Cr

    ↗ Largest branch network among gold loan NBFC

    ↗ 3,480 branches across India with more than 23219 employees.

    ↗ Approx. 50cr loan accounts

    ↗ Approx. 132 tons of gold held as loan security

    ↗ 69,905 share holders

    ↗ Market Capitalization of the company stands Rs5985cr as on February 25, 2012

    ↗ Net worth : Rs2862.9 Cr (Paid-up Equity Share capital + Reserves excluding Revaluation Reserves)

    ↗ Net Profit : Rs4,94.18 cr for the year FY 2011

    ↗ Net Profit : `s656.8 cr for the first 9months of the FY 2012

    ↗ Minimum Subscription : ` 5,000 (5 NCDs of face value ` 1,000 each)

    ↗ various models of interest payment

    ↗ Tenor : 24 / 36/ 60/ 66 Months

    ↗ Interest on application money and refunds at 13% p.a.**

    ↗ To be listed on BSE

     


    Launch Intimation : ICICI Prudential Fixed Maturity Plan Series 61 1 Year Plan E

    Click here to download:
    KIM-FMP61-1YearPlanE.pdf (686 KB)
    (download)


     ICICI Prudential Fixed Maturity Plan Series 61 1 Year Plan E.

     

    Tenure : 366 days
    NFO Period : 20th January to 30th January, 2012
    MICR cheques : Till end of business day on 24 January, 2012 MICR Cheque
    RTGS and transfer cheques : Till end of business day on 30th January, 2012
    Switches : Till cut off time(specified for switch outs in the source scheme) 30th January, 2012
    Tentative Date of Allotment : 31st January, 2012(Ops to confirm)
    Date of Maturity : 31st January, 2013
    Option to be launched : Cumulative and Dividend Payout- Default Sub Option - Cumulative
    Entry / Exit Load : Nil
    Minimum Application Amount : Rs.5000 and in multiples of Re.10 thereafter
    Liquidity : To be listed
    Benchmark : CRISIL Short Term Bond Fund Index

    Please find attached the KIM

    Launch Intimation : ICICI Prudential Multiple Yield Fund Plan - Series 2 - Plan D

    Click here to download:
    KIM-Yield_Fund_2_PlanD[1].pdf (783 KB)
    (download)



    Dear All,

    We are pleased to launch ICICI Prudential Multiple Yield Fund Plan - Series 2 - Plan D with the following features:

     

    Tenure
    1100 days
    NFO Period : 19th January to 30th January, 2012
    MICR cheques : 30th January 2012 MICR cheques
    RTGS and transfer cheques : Till end of business day on 30th January, 2012
    Switches : Till cut off time(specified for switch outs in the source scheme) 30th January, 2012
    Tentative Date of Allotment : 02/03/12
    Date of Maturity : 02/09/15
    Option to be launched : Cumulative and Dividend Payout- Default Sub Option - Cumulative
    Entry / Exit Load : Nil
    Minimum Application Amount : Rs.5000 and in multiples of Re.10 thereafter
    Liquidity : To be listed
    Benchmark : CRISIL MIP Blended Index.

    Asset Allocation Pattern of the scheme

     

    Type Of Security Indicative Allocation Risk Profile
    Money Market Instruments 0% to 10% Low to medium
    Equity or Equity related Securities 0 – 35% Medium to high

     

    The asset allocation mentioned above is only indicative. The asset allocation would, among other things, be a function of the interest rates prevailing at the time of launch of the plan.


    Please find attached the KIM and form of the scheme.





    NHAI Tax Free Bond

    NHAI Tax Free Bond

    Issue Opening on: 28-Dec-11

    Coupon Rate:

    10Years – 8.20%

    15Years – 8.30%

    Issue Size: Rs10,000Cr

    Retail: 30%

    HNI: 30%

    QIB: 40%

    Allotment for Retail: No first cum first basis. It means allotment will happen on proportionate basis.

    Allotment for HNI and QIB: will happen on first cum and first serve basis.
     

    Muthoot Finance Ltd Secure NCD Issue

    Rating: AA- by  CRISIL & ICRA.
    Issue Closes on: 07-Jan-12

     

    Features of the NCD issue are as follows:
    Name of the Issue : Muthoot Finance NCD - Series II
    Issue Size : Rs.300 Cr + Rs.300 Cr. Green Shoe Option
    Period : 2, 3 and 5 years
    Demat account is mandatory


    Interest Rates
    Annual Option : 13%, 13.25% and 13.25% for 2, 3 & 5 yrs respectively
    Cumulative Option : Double in 5 ½ Years
    Minimum Investment : Rs.5000 and multiples of Rs.1000 thereafter.
    Closing Date : 07th January, 2012

     

    Manappuram Finance Ltd – On tap Bond Issue

    Interest Rates
    Annual Option : 12.50% for 366days
    Cumulative Option : 13.00% for 366days
    Minimum Investment : Rs.25000 and multiples of Rs.1000 thereafter.
    Bond will be issued in physical form. No demat account is required.

     

    Muthoot Fincorp Ltd Secure NCD Issue

    Rating: “A+” by  CRISIL.

    Issue Closes on: 31-Dec-11

    Features of the NCD issue are as follows:

    Name of the Issue : Muthoot Fincorp Ltd
    Issue Size : Rs.50 Cr + Rs.50 Cr. Green Shoe Option
    Period : 18Months and 36Months
    Demat account is mandatory


    Interest Rates
    Annual Option : 12.75% for 18Months and 13.00% for 36Months
    Minimum Investment : Rs.100000 and multiples of Rs.100000 thereafter.
    Closing Date : December 31, 2011