[Resolved]  Indian Postal Service — Refusal to pay MIS bonus as per agreement

Address:

Pune, Maharashtra

This refers to the Monthly scheme No. 90764 for Rs 600000/- in favor of J. E. Baliwalla & Monthly income Scheme No 90763 for Rs 300000/- in favor of Delna J. Baliwalla invested on 23rd Mar-2007 & maturity due on 17th Mar-2013.
I have to state that while investing in the above M.I.S. six years back, it was committed that on maturity along with the capital sum and bonus of 10% will be given, & the same was mentioned in our M.I.S. Book also in the notification.
It was surprising that on maturity after six years, while receiving the capital amount along with 10% bonus, only capital sum of Rs six Lacs & Rs three Lacs cheques where only given.
On inquiring & Showing the notification to the Post master PCNT Pune-44, where the M.I.S. was invested, she was so rude & directly refused to give Bonus as per agreement, mentioning you can go to consumer court. This was un-acceptable behavior with a senior citizen.
Six years back, I had invested with Post-Office at 8% interest rate, compared to 11% with other schemes, presuming that on my retirement, I will have a bonus amount as a saving, but here it seems that investing in Government saving also has no values
Hence I am lodging a Complaint with Consumer Court for refund of 10% Bonus of Rs 90,0000 ( Rupees Ninety Thousand only ) on Postal Dept. in acquiring my hard earned money, which is a supporting saving as a retired senior citizen.
I solemnly affirm that the above statement is true & correct

Yours Truly
J. E. Baliwalla
jimmy.[protected]@gmail.com