UTI Technology Services Ltd www.myutitsl.co.in : Procedure to apply for Maturity Payments Scheme-ARS Bond

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Name of the Organization : UTI Technology Services Ltd(myutitsl.co.in)
Type of Facility : Procedure to apply for Maturity Payments Scheme-ARS Bond
Location : India

Website : http://www.myutitsl.co.in/index.html
ARS Bond : http://www.myutitsl.co.in/InvestorInfo/

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Procedure to apply for Maturity Payments Scheme-ARS Bond:
a) Bond value upto Rs. 40000/- :
Such of the Bond Holder who are holding up to 400 Bonds of the face value of Rs.100/- each , per Investor ID , need not surrender the Bond Certificates for Maturity Payment. Such Bond holders are required to fill up the updation form which is also available on the website.

Download updation form

b) Bond value above Rs. 40000/-:
** The Bond holders holding more than 400 bonds of the face value of Rs.100/-each, per Investor ID, are required to submit the Bond certificate/s duly discharged on the reverse of the certificate/s,by the holder/s furnishing their bank particulars to any of the UTI Financial Centres or at the office of UTITSL. The holders signature to be attested by the Bankers under their official seal mentioning the name, designation and signature code of the attesting official.

** In case the holders do not have the original bond certificate, please fill in the forms available on the website under the heading “procedure for obtaining duplicate bond certificate”. Alongwith the requisite documents the forms for maturity redemption also needs to be duly filled in and submitted.

Download maturity redemption form

Forms to be filled in and submitted for issuance of duplicate bond certificate:
a) For the bond value above Rs. 40000 but upto Rs. 50000:
** Indemnity bond to be provided on a non judicial stamp paper (Annexure X)

b) For the bond value above Rs. 50000:
** Indemnity bond to be provided on a non judicial stamp paper (Annexure XI)
** Letter of surety (Annexure VIII)

Query related to Payments (Maturity/Interest)

Scheme Information:
** The schemes listed below fell under the fold of the Administrator of the Specified Undertaking of the Unit Trust of India.
CGGF-86 / CGGF-86 (SPH) / CGGF-99 / RUP-94 / RUP-99/ MIP-98-V / MIP-99-1/BGVMIP 92
** The Administrator of the Specified Undertaking of the Unit Trust of India decided to foreclose the scheme as on 31 st March 2004 and issue cheques to the Investors with cheque date as 2 nd April 2004.
** The Investors were given an option to exit out of the scheme by exercising a Repurchase Option or get the units converted to the Assured Return Scheme (ARS) Bonds

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UTIITSL will ensure delivery of your PAN card by mail at the address indicated by you in form 49A.