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RURAL ELECTRIFICATION CORPORATON LIMITED

   Investor Grievance Policy



REC along with the Registrars is making all possible efforts to address investor queries in the minimum possible time with maximum accuracy. The following schedule below indicates the approximate time within which we will address various types of queries.


  Type of Communication Expected Time
Replied/ Interim Reply (If any) Process
  Requests    
1 Change of Address 21 Working Days  
2 Change of Bank Particulars 21 Working Days  
3 Noting Bank Mandate 21 Working Days  
4 Noting ECS 21 Working Days  
5 Noting Nominee name 21 Working Days 45 Days
6 Change in nomination 21 Working Days 45 Days
7 Noting PAN 14 Working Days  
 
  Enquiries    
1 Procedure for Transmission Cases 14 Working Days 1 month
2 Procedure for Name Deletion 14 Working Days 1 month
3 Refund of Application 14 Working Days  
4 Issue of duplicate Bond Certificate 14 Working Days 1-2 month
5 Issue of duplicate Interest Warrant 14 Working Days 1 month
6 Non-receipt of Bond Certificate due to discrepancies 14 Working Days  
 
  Complaints    
1 Non-receipt of Bond Certificate 21 Working Days  
2 Non-receipt of Interest Warrants 14 Working Days  
3 Non-receipt of Brokerage 14 Working Days  
4 Rectification of Name 14 Working Days  
5 Rectification of Address/ Bank Particulars 14 Working Days  
6 Non-receipt of Duplicate Bond Certificate 14 Working Days  
7 Non-receipt of Duplicate Interest Warrant 14 Working Days  


Notes:

  • REC and the Registrars will make all effort to address your queries as per the above schedule. However, there could be delays due to reasons beyond control.
  • The number of days mentioned above indicate working days and does not include Sundays and other holidays.
  • The indicated time is for processing of the request after receipt. Therefore, please give at least 7-8 working days towards postal time for every query apart from the time mentioned in the above schedule.
  • In case you do not get any reply in the time mentioned, please contact:

    GM (Finance)
    Rural Electrification Corporation Limited



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