NON PAYMENT OF MATURITY AMOUNT BY SAHARA INDIA NON PAYMENT OF MATURITY AMOUNT BY SAHARA INDIA

4 years ago

To Date : 13.10.2019
The Concerned Officer,
Consumer Forum



Dear Sir,


I had invested Rs. 16,18,090 & Rs. 18,000 in “ Sahara Credit Co-operative Society Limited ” & the maturity date of my this principal money had been over, since 30.12.2016 but still Sahara Credit Co-operative Society Limited has not paid to me, their maturity value, since/from the past “ two years & nine months, which is almost over-due now ”.

Sir, my eldest daughter had completed her B.Com Course in the year - February - 2011, ( i.e Eight & a half years ago ) and my youngest ( i.e second ) daughter had completed her B.Com Course, in the year April – 2017. Therefore, I very much, most urgently require my due maturity amounts/claims of all my Sahara.E.Shine & Sahara.A.Select Scheme payments ( which comes under the company ‘ Sahara Credit Co-operative Society Limited’ ), on a very urgent ( i.e extreme/utmost emergency ) basis, very timely basis & also as on top priority basis, i.e as soon as possible, in order to make all the preparations & arrangements for my two daughters’ engagement & marriage, which I am planning to do in the year - 2020, i.e March/April – 2020 – for my first daughter’s marriage & June/July – 2020 - for my second daughter’s marriage. So, I would definitely require more than Rs. 35 lakhs, in order to be spend/incurred for their engagements & marriages. The total maturity values of both the schemes ( i.e Sahara A Shine & Sahara A Select ), as on present/current date, would come around more than Rs. 36 lakhs ( including all pending overdue interest payments, till this date ).

All my “ Sahara.E.Shine Schemes ” had already completed their/it’s lock-in-period of 5 years, and so, as per company rules & norms, now, their due maturity amounts/claims/payments could be paid to me without any difficulty, i.e at present date.

The most important factor/thing here, which I would like to tell you is that, I can postpone any of my major expenses in life, in order to be incurred for near future, but not that, which is related to, “ my two daughter’s engagement & marriage ”. Daughter’s marriage had to be done or must be done on very timely basis because here the Daughter’s age is the most important factor/thing in life. If the age of the daughter exceeds ( superceeds ), then it would be extremely ( utmost ) difficult or almost impossible, to find a groom for herself, for her marriage purpose because no one will marry an over-aged girl. My elder daughter is aged 26 years now & youngest daughter is aged 24 years, both still unmarried due to shortage of Funds.

Sir, I had also still not received my MIS ( monthly ) interests for the last/past eight months, from Sahara Credit Co-operative Society Limited i.e ( 7,363 X 8 = Rs. 58,904/- ) . Therefore, at present, my total MIS interest payments, due from “ Sahara Credit Co-operative Society Limited ” is Rs. 58,904/- . I would be also utmost thankful to your goodselves, if you, could kindly help me to get my over-due MIS ( monthly ) interests from Sahara Credit Co-operative Society Limited.

I am attaching an excel file, along-with this email, which would give you each & every detail with complete picture about/regarding all my scheme’s account numbers e.g Branch office names, Sector office names and Region office names etcs, with other ( full ) details. Scanned copies of all my Sahara Certificates are also being attached along-with this email.

The Head Office Address of “ Sahara Credit Co-operative Society Limited ” is Sahara India Bhawan, 1, Kapoorthala Complex, Aliganj, Lucknow-226024.

The over-all in-charge of Sahara Credit Co-operative Society Limited is Shri O.P.Srivastava, his Designation is “ Dy. Managing Worker ” ( C & A, & Head - Infrastructure & Housing )

The second officer-in-charge of “ Sahara Credit Co-operative Society Limited ” is Ms. Seema Das ( Designation- “ Territory Head, Territory Office - Bhubneswar ” ).


The whole & sole i.e Owner of “ Sahara Credit Co-operative Society Limited ” is Shri Subroto Roy ( Sahara ), Designation - Managing Worker & Chairman. His official address is “ Command Office, Sahara Shaher, Gomti Nagar, Lucknow-226010.

Therefore, I had given you all the necessary & utmost relevant ( very important ) details i.e inputs regarding all the senior Management ( i.e Top Management ) staffs of “ Sahara Credit Co-operative Society Limited ” along-with their address, phone nos. & their direct email ids etcs, which would be very easy & very convenient for you, in order to have direct contact with them.


Therefore, I would be extremely grateful and utmost thankful to your goodself, if you could kindly help me to receive ( get ), all my due maturity payments ( claims ) from " Sahara Credit Co-Operative Society Limited ", as on very urgent basis, & also, as on very top priority basis, for my two daughters’ engagement & marriage.



Thanking You,

Your’s Faithfully,

Asha Chaturvedi.

Investor/Customer of “ Sahara Credit Co-operative Society Limited ”.

Kishan Dutt Kalaskar

Responded 4 years ago

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A.Dear Sir,
You may get issue a legal notice and file a civil suit.
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