[Resolved]  Central Bank Of India — EXCESS CHARGES FOR CHEQUE RETURNED

Address:

Pune, Maharashtra

A cheque of central bank of india,moti tabela,indore (m.p.) was issued by me to some one for Rs. 10,00000/- and cheque was presented through other bank i.e.Axis Bank in PUNE by the beneficery,but due to some reason cheque was returned unpaid by Central Bank of India, Pune non banking office with the reason "insufficient Fund".on 27/10/2010 and bank has charged charges for cheque returned as under:-

CHEQUE RETURNED CHARGES RS. 538.00
SERVICE/CESS TAX RS. 67.00

As per Bank"s circular the cheque returned charges of the bank is Rs. 130/- plus S.T.per instrument.
Then how the bank has charged above charges. Please take up the matter with the concern bank and do the needful. I have already take up the matter with Bank's Management by sending various mails but still I am awaiting reply from the Bank.


DEVKINANDAN SHARDA
62, VINDHYACHAL NAGAR AERODRUM ROAD,
INDORE. 452005 M.P.
CONTACT NO. [protected]