[Resolved]  PNB — Refusing to pay the amount deposited in Compulsory Deposit Scheme for Income Tax Payers

Hi,

I had opened an account (A/C No ITP 196) under the Compulsory Deposit Scheme for Income Tax Payers with Punjab National Bank, Sadar Branch, Lucknow in the year 1986. The account has been inactive for the last couple of years.

Last month i tried to withdraw the available balance in my account from the bank and to my surprise i was informed that due to inactivity the account has been closed and therefore the balance cannot be withdrawn from the account.

The branch manager Mr. Sanjay Mishra even refused to entertain queries on this account and also denied to accept a written application for refund of the balance amount.

I request you to kindly intervene for the refund of funds. I also intend to log a complaint in Banking Ombudsman scheme of RBI.

Thanks,

Beena Agarwal
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