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PPF HUF Help desk
Dear Dineshji
Hi
i have same problem and likely to have positive result
please join our group for consumer court complain
thanks
Dinesh joothawat B com FCA FCS
[protected]
Hi
i have same problem and likely to have positive result
please join our group for consumer court complain
thanks
Dinesh joothawat B com FCA FCS
[protected]
YES We also face the same problem .and likely to have positive result
please join our group for consumer court complain
thanks
mail : [protected]@yahoo.co.in
please join our group for consumer court complain
thanks
mail : [protected]@yahoo.co.in
Dear Sir,
I have also faced the same problem. they have deducted the interest on PPF on my HUF for two years and have refunded the Deposit of Rs 60000/- for two years without interest. They hav e not provided any deduction memo for the same.
Please advice how to lodge our claim against State bank Of India.
Raju R Gandhi Karta of Raju R Gandhi HUF
[protected].
I have also faced the same problem. they have deducted the interest on PPF on my HUF for two years and have refunded the Deposit of Rs 60000/- for two years without interest. They hav e not provided any deduction memo for the same.
Please advice how to lodge our claim against State bank Of India.
Raju R Gandhi Karta of Raju R Gandhi HUF
[protected].
i have faced the same problem
sbi vapi is not giving interest on my ppf ac after march 2009
i am a looser of rs.2 lakhs
pl help me
d r vora huf
pl
sbi vapi is not giving interest on my ppf ac after march 2009
i am a looser of rs.2 lakhs
pl help me
d r vora huf
pl
Date: 24/01/2011
To,
The Chief General Manager
Reserve Bank of India,
Department of Government and Bank Account
Central Office, Byculla Office Building
4th Floor, Opp. Mumbai Central Railway Station,
Byculla – Mumbai 400008.
Sub: P.P.F. interest in case of H.U.F. after expiry of 15 years.
Dear Sir,
With reference to above subject, I would like to state as under:-
I am holding P.P.F. account at State Bank of India Ghatkopar (West) Branch where the account has completed 15 years on 31/03/2007. Thereafter, it was extended for further five year and we have deposited amount of Rs. 70, 000/- every year on 2008, 2009 and 2010. The bank has credited accrued interest every year in my account for the year 2008, 2009 and 2010.
Now, I want to close my P.P.F. account, but bank is not giving interest after completion of 15 years which is from 31/03/2007.
So, I request you to give necessary instruction to State Bank of India to pay me my credit balance with interest up to to-day.
It may be noted that the bank has accepted the P.P.F. deposit in H.U.F. account even after 15 years and the interest was credited in my account every year.
The Bank has not displayed on the notice board any information of notification for (H.U.F.) P.P.F. subscribers opened prior to the 13th day of May 2005.
We are waiting for your satisfactory reply as early as possible.
email: [protected]@rediffmail.com
To,
The Chief General Manager
Reserve Bank of India,
Department of Government and Bank Account
Central Office, Byculla Office Building
4th Floor, Opp. Mumbai Central Railway Station,
Byculla – Mumbai 400008.
Sub: P.P.F. interest in case of H.U.F. after expiry of 15 years.
Dear Sir,
With reference to above subject, I would like to state as under:-
I am holding P.P.F. account at State Bank of India Ghatkopar (West) Branch where the account has completed 15 years on 31/03/2007. Thereafter, it was extended for further five year and we have deposited amount of Rs. 70, 000/- every year on 2008, 2009 and 2010. The bank has credited accrued interest every year in my account for the year 2008, 2009 and 2010.
Now, I want to close my P.P.F. account, but bank is not giving interest after completion of 15 years which is from 31/03/2007.
So, I request you to give necessary instruction to State Bank of India to pay me my credit balance with interest up to to-day.
It may be noted that the bank has accepted the P.P.F. deposit in H.U.F. account even after 15 years and the interest was credited in my account every year.
The Bank has not displayed on the notice board any information of notification for (H.U.F.) P.P.F. subscribers opened prior to the 13th day of May 2005.
We are waiting for your satisfactory reply as early as possible.
email: [protected]@rediffmail.com
I HAVE RECD SAME REPLY FROM SBI ULHASNAGAR, I HAVE HIRED AN ADVOCATE MR. DINESH LAHORI HIS MOB NO IS [protected], HIS EMAIL ID [protected]@Yahoo.com
AS PER HIS PHONE DISCUSSION, MR KHAN ASST SECRETARY MOF/DEA DELHI HAS GIVEN INSTRUCTION TO BANKS ALLOW INTERST UP TO[protected] & CLOSE THE ACCOUNT, THIS MAY BE FOR ACCOUNT HOLDERS, WHO HAS NOT EXTENDED ACCOUNT, BUT JUST CARRYING.
HE HAS GOT ONE MORE ORDER FROM APPELANT AUTHORITY ABOVE RBI OMBUDSMAN, THEY HAVE ORDERED TO PAY COMPESATION EQ TO FD INTEREST.
CAN ANY BODY TELL ME WHAT WILL BE PROBLEM, IF WE GET NOTICE FROM ITO
DISALLOWING 80CC INVESTMENT IN PPF ACCOUNT, HE CAN CHARGE, INCOMETAX, PENALITY & INTEREST, WHICH WILL BE MORE SEROUS FOR US
AS PER HIS PHONE DISCUSSION, MR KHAN ASST SECRETARY MOF/DEA DELHI HAS GIVEN INSTRUCTION TO BANKS ALLOW INTERST UP TO[protected] & CLOSE THE ACCOUNT, THIS MAY BE FOR ACCOUNT HOLDERS, WHO HAS NOT EXTENDED ACCOUNT, BUT JUST CARRYING.
HE HAS GOT ONE MORE ORDER FROM APPELANT AUTHORITY ABOVE RBI OMBUDSMAN, THEY HAVE ORDERED TO PAY COMPESATION EQ TO FD INTEREST.
CAN ANY BODY TELL ME WHAT WILL BE PROBLEM, IF WE GET NOTICE FROM ITO
DISALLOWING 80CC INVESTMENT IN PPF ACCOUNT, HE CAN CHARGE, INCOMETAX, PENALITY & INTEREST, WHICH WILL BE MORE SEROUS FOR US
MR DINESH LAHORI IS NOT AN ADVOCATE, WHO HAS SUGGESTED THIS BY MISTAKE
I HAVE QUOTED HIS NAME, & EMAIL & MOBILE NO, SINCE HIS VISITING CARD WAS LYING WITH ME FOR SOME OTHER PURPOSE.PLEASE DO NOT CONTACT HIM
FOR THIS PROBLEM. I WILL CONTACT THE CONCERNED OTHER LAWYER & INFORM FURTHER DEVLOPMENTS REGARDS
I HAVE QUOTED HIS NAME, & EMAIL & MOBILE NO, SINCE HIS VISITING CARD WAS LYING WITH ME FOR SOME OTHER PURPOSE.PLEASE DO NOT CONTACT HIM
FOR THIS PROBLEM. I WILL CONTACT THE CONCERNED OTHER LAWYER & INFORM FURTHER DEVLOPMENTS REGARDS
hi,
even i have a PPF account with sbi pedder road br and at the time of closure they have deducted (reversed) 4 years interest payment stating ppf accounts for HUF is not valid.
what can I do in this scenario?
even i have a PPF account with sbi pedder road br and at the time of closure they have deducted (reversed) 4 years interest payment stating ppf accounts for HUF is not valid.
what can I do in this scenario?
THIS IS MY 19TH YEAR IN HUF PPF, I GOT MY CHEQUE AFTER REVERSING INTEREST OF THREE YEARS, EVEN CURRENT YEAR INTEREST NOT CREDITED, TOTAL LOSS OF THREE LAKHS.
I HAVE COMPLAINED TO RBI OMBUDSMAN, THEY HAVE ACCEPTED MAINTAINABLE COMPLAIN, MY BANK REPLIED ON THE BASIS OF RBI CIRCULAR IN 2005. INTEREST NOT PAYABLE.15 YEARS
RBI CIRCULAR SAYS, HUF.PPF ACCOUNT OPENED BEFORE[protected], WHICH HAVE BEEN MATURED BUT NOT CLOSED YET, MUST BE CLOSED BY[protected] & ENTIRE AMOUNT CREDITED MUST BE REFUNDED, MY VIEW ACCOUNT MATURED IN 2007, BUT NOT CLOSED, CONTINUED TILL 19TH YEAR, TILL[protected] & ENTIRE AMOUNT INCLUDES, DEPOSITS ACCEPTED BY BANK IN 16TH, 17TH, & 18TH YEAR PLUS INTEREST CREDITED.
I HAVE COMPLAINED TO RBI OMBUDSMAN, THEY HAVE ACCEPTED MAINTAINABLE COMPLAIN, MY BANK REPLIED ON THE BASIS OF RBI CIRCULAR IN 2005. INTEREST NOT PAYABLE.15 YEARS
RBI CIRCULAR SAYS, HUF.PPF ACCOUNT OPENED BEFORE[protected], WHICH HAVE BEEN MATURED BUT NOT CLOSED YET, MUST BE CLOSED BY[protected] & ENTIRE AMOUNT CREDITED MUST BE REFUNDED, MY VIEW ACCOUNT MATURED IN 2007, BUT NOT CLOSED, CONTINUED TILL 19TH YEAR, TILL[protected] & ENTIRE AMOUNT INCLUDES, DEPOSITS ACCEPTED BY BANK IN 16TH, 17TH, & 18TH YEAR PLUS INTEREST CREDITED.
IT IS GOOD NEWS FOR PPF ACCOUNT HOLDERS IN HUF.
I HV RECD PHONE ON[protected] FROM SBI, THEY HV AGREED TO RELEASE INTEREST REVERSED, I WILL COMMENT IN TWO DAYS AFTER COLLECTING CHEQUE FROM SBI ON[protected]
HOPE YOU ALSO APPROACH TO YOUR SBI GET YOUR DUES.IT WILL CLOSE OUR COMPLAIN
REGARDS
I HV RECD PHONE ON[protected] FROM SBI, THEY HV AGREED TO RELEASE INTEREST REVERSED, I WILL COMMENT IN TWO DAYS AFTER COLLECTING CHEQUE FROM SBI ON[protected]
HOPE YOU ALSO APPROACH TO YOUR SBI GET YOUR DUES.IT WILL CLOSE OUR COMPLAIN
REGARDS
HURRAY GOOD NEWS FOR ALL PPF HOLDERS OF HUF
I GOT MY INTEREST FOR 16TH, 17TH, 18TH & 19TH YEAR UP TO[protected]
I HOPE THIS COMPLAIN IS CLOSED PERMANANTLY
KINDLY APPROACH YOUR BRANCH OF SBI, GET FULL INTEREST UP TO[protected]
IF ANYBODY WANT TO CONTACTB ME SEND EMAIL & YOUR MOB NO
[protected]@gmail.com
HARIKUMAR.J.LILANI.HUF
I GOT MY INTEREST FOR 16TH, 17TH, 18TH & 19TH YEAR UP TO[protected]
I HOPE THIS COMPLAIN IS CLOSED PERMANANTLY
KINDLY APPROACH YOUR BRANCH OF SBI, GET FULL INTEREST UP TO[protected]
IF ANYBODY WANT TO CONTACTB ME SEND EMAIL & YOUR MOB NO
[protected]@gmail.com
HARIKUMAR.J.LILANI.HUF
sir, what is the position for huf ppf a/c not closed after maturity but amount retain in huf ppf a/c after 1-4-11 tiil date.
circular says that a/c should be closed before 31-3-11but what is the position for not closed a/c for which banker has not inform on our registerd address.the last circular dt 1-6-11 says for intrest of closed a/c in between period for closed a/c but intrest not paid to them for which direction to give intrest before 31-3-11.
sir, kindly give clarification for not closed a/c after 1-4-11 &status of intrest for retain balance in a/c
circular says that a/c should be closed before 31-3-11but what is the position for not closed a/c for which banker has not inform on our registerd address.the last circular dt 1-6-11 says for intrest of closed a/c in between period for closed a/c but intrest not paid to them for which direction to give intrest before 31-3-11.
sir, kindly give clarification for not closed a/c after 1-4-11 &status of intrest for retain balance in a/c
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evidence why they have deducted the interested paid in year 2008 and 2009.
Dinesh Zaveri HUF email [protected]@gmail.com