Need help regarding icici bonds redemption

[sayantanb211]

Hello everyone,

While cleaning my home, I found an application receipt for an ICICI Safety Bond from the February 2001 series. It's a Children Growth Bond (Plan 2), where an investment of ₹5,000 was supposed to mature to ₹40,000 in approximately 19 years and 5 months. The application was submitted on February 27, 2001, in Calcutta, with a bank stamp as acknowledgment.

Unfortunately, I don't have the original bond certificate or related documents. The bond was purchased by my grandparents in my name. Given that it likely matured around July 2020, I'm seeking advice on how to proceed with the redemption process without the original documents.

Has anyone faced a similar situation or can guide me on the steps to take? Any assistance would be greatly appreciated.

Thank you.

 

[hender]

Suggestion: Try to get login on ICICI, explore if online redemption is possible.
Branch/Office people - In case no success online.

 

[its_karan]

Hello everyone,

While cleaning my home, I found an application receipt for an ICICI Safety Bond from the February 2001 series. It's a Children Growth Bond (Plan 2), where an investment of ₹5,000 was supposed to mature to ₹40,000 in approximately 19 years and 5 months. The application was submitted on February 27, 2001, in Calcutta, with a bank stamp as acknowledgment.

Unfortunately, I don't have the original bond certificate or related documents. The bond was purchased by my grandparents in my name. Given that it likely matured around July 2020, I'm seeking advice on how to proceed with the redemption process without the original documents.

Has anyone faced a similar situation or can guide me on the steps to take? Any assistance would be greatly appreciated.

Thank you.

Has anyone faced a similar situation

I have

or can guide me on the steps to take?

This is the ISIN of your bonds INE005A11AU8, The complete details you can see here
I request you to now contact the Registrar of the issue,

to make it simple its KFintech( The Isuer is ICICI Bank but the RTA or the Registrar deals iwth these issues)

Link to contact

Hope for the best but dont expect anything.

• The Bank as being the party now paying of the debt should have contacted the Bond Holder at the registered address 1 to 2 month prior of the redemption, I don't think that happened
• This is the only reason I enforce my clients to dematerialize their Bonds and keep them in their demat account
• You will definitely face issues by not having the Original Bond certificates, ask the RTA for the transmission of redemption proceeds and see how it goes

 

[sayantanb211]

I have

This is the ISIN of your bonds INE005A11AU8, The complete details you can see here
I request you to now contact the Registrar of the issue,

to make it simple its KFintech( The Isuer is ICICI Bank but the RTA or the Registrar deals iwth these issues)

Link to contact

Hope for the best but dont expect anything.

• The Bank as being the party now paying of the debt should have contacted the Bond Holder at the registered address 1 to 2 month prior of the redemption, I don't think that happened
• This is the only reason I enforce my clients to dematerialize their Bonds and keep them in their demat account
• You will definitely face issues by not having the Original Bond certificates, ask the RTA for the transmission of redemption proceeds and see how it goes

This was done by my grandfather in my name when I was born....my father don't have any information regarding this. I with my basic stock and mf knowledge is digging up these old papers which I found recently to see if they have any value or not.

 

[sayantanb211]

I have

This is the ISIN of your bonds INE005A11AU8, The complete details you can see here
I request you to now contact the Registrar of the issue,

to make it simple its KFintech( The Isuer is ICICI Bank but the RTA or the Registrar deals iwth these issues)

Link to contact

Hope for the best but dont expect anything.

• The Bank as being the party now paying of the debt should have contacted the Bond Holder at the registered address 1 to 2 month prior of the redemption, I don't think that happened
• This is the only reason I enforce my clients to dematerialize their Bonds and keep them in their demat account
• You will definitely face issues by not having the Original Bond certificates, ask the RTA for the transmission of redemption proceeds and see how it goes

This was done by my grandfather in my name when I was born....my father don't have any information regarding this. I with my basic stock and mf knowledge is digging up these old papers which I found recently to see if they have any value

I have

This is the ISIN of your bonds INE005A11AU8, The complete details you can see here
I request you to now contact the Registrar of the issue,

to make it simple its KFintech( The Isuer is ICICI Bank but the RTA or the Registrar deals iwth these issues)

Link to contact

Hope for the best but dont expect anything.

• The Bank as being the party now paying of the debt should have contacted the Bond Holder at the registered address 1 to 2 month prior of the redemption, I don't think that happened
• This is the only reason I enforce my clients to dematerialize their Bonds and keep them in their demat account
• You will definitely face issues by not having the Original Bond certificates, ask the RTA for the transmission of redemption proceeds and see how it goes

Also we shifted from that house few years back and we were unaware of such investments . So even I am not sure if ant of such postal message was shared or not