Hi,
I submitted my Application on Jan 2nd through an agent I called from Bajaj Capital, Pune.
Its 7th Jan today and the checks have not be cleared.
The Fund companies check in their systems and say no applications received yet.
The Broker - Bajaj Capital provides me with receipts saying application successfully submitted.
I dont think bank will take 5 working days to clear the cheques. MY KYC is also verified, can't think of whats going on?
I made a lumpsum investment of 10,000. The NAV on 2nd Jan was 1.2% lesser than on 7th Jan.I have no idea when my checks would be encashed. Is the Fund company the culprit here waiting for the NAV to go up , or is it the Brokerage firm???
What can an investor do in such a situation
Any expert suggestion here.?
I submitted my Application on Jan 2nd through an agent I called from Bajaj Capital, Pune.
Its 7th Jan today and the checks have not be cleared.
The Fund companies check in their systems and say no applications received yet.
The Broker - Bajaj Capital provides me with receipts saying application successfully submitted.
I dont think bank will take 5 working days to clear the cheques. MY KYC is also verified, can't think of whats going on?
I made a lumpsum investment of 10,000. The NAV on 2nd Jan was 1.2% lesser than on 7th Jan.I have no idea when my checks would be encashed. Is the Fund company the culprit here waiting for the NAV to go up , or is it the Brokerage firm???
What can an investor do in such a situation
Any expert suggestion here.?
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