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HomePersonal FinancePACL Chit Fund Refund: Big news! Up to ₹ 15,000 is trapped...

PACL Chit Fund Refund: Big news! Up to ₹ 15,000 is trapped in PACL chit fund, then pay attention – SEBI has issued notice, if you miss, you will not get refund

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PACL Chit Fund Refund latest news 2022: Applications for refund from chit fund company PACL have started. Investors can apply to get money refund till June 30.


PACL Chit Fund Refund latest news 2022: Applications for refund from chit fund company PACL have started. Investors can apply to get money refund till June 30. After applying, people who invest money in PACL’s scheme Pearls will soon be able to get their money back. But, for the refund, you have to consider some things. Some precautions have to be taken especially for applying for refund through offline mode.

Don’t forget to do this work

PACL investors have to keep in mind that if any person claims himself to be an agent of PACL, then he is not necessarily an agent in reality. So don’t forget to give your original documents to them. Because, the original documents are to be sent by speed post or registered post only to the registered address of SEBI. Original documents have to be kept safe. SEBI has cautioned that it is very important to have original documents for refund. Therefore, until the SMS is not received from the committee, then no one has to give their documents.

Money will be available on showing the original document

PACL investors should keep the Pearls receipts, certificates and other important documents with them. Do not give these documents to anyone. Refund will be given only to those investors who have original documents. You will have to send your documents to SEBI registered address- SEBI Bhawan, Plot No.C4-A, ‘G’ Block, Bandra-Kurla Complex, Bandra (East), Mumbai –400051 only after receiving SMS from the committee. If you hand them over to someone else, you may be cheated.

Keep checking SEBI’s website from time to time for all the new information. Take any information from authentic sources only. Do not blindly believe everything that comes on WhatsApp and social media. Get in touch with agents and take their help, but don’t give them your documents. In case of any doubt you can complain to SEBI.

Window open for refund till June 30?

The refund window is opened only for those investors whose claim amount ranges from Rs 10,001 to Rs 15,000 and their applications have been verified. SEBI said that investors can file their claim till 30 June 2022.

Which documents are to be provided?

  • Copy of PACL Certificate
  • PACL receipts (if any)
  • copy of PAN card
  • Passport Photo-1
  • cancel cheque
  • banker’s certificate

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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