PPF — denying to pay interest to the period of april to dec 2014

Address:Medak, Andhra Pradesh

I have PPF account linked with this SB account last year i had transferred the PPF account to post office.ICICI bank had given only the principle amount, when i asked the iterest they said it will be paid by post office, Post office had paid the interest unly for the period of for which i deposit the ammount. so please look in this issue and give me reply as early as posible ICICI check given for 91250 rupees only on 18/11/2014 It was credited to Postoffice account on 16/12/2014 Post office had given me interest of 2449 rupees only for the amount of 93250 When i enquired about this issue with ICICI bank officials are told me that they are mot going to pay the interest from march 2014 to 16 dec 2104 When i enquired about this issue with post office officials they also told me that they are mot going to pay the interest from march 2014 to 16 dec 2104 Post office ppf account number is [protected] ZAHIRABAD ICICI ppf account number (which is closed) is[protected]INR) - NALAJARLA UMAPARVATHI Reply from ICICI Dear Ms. Umaparvathi, We regret for the inconvenience caused. This is with reference to our telephonic conversation dated April 30, 2015, as per PPF scheme rule, the Bank transferring PPF account will add interest up to the preceding 31st March in the account before account is transferred. The interest from 1st April onwards will be added by transferee bank at the end of the financial year. In light of the same in below case SBI Office only will have to accrue the interest in the account. For further clarifications, we request you to co-ordinate with the Post Office.
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    Zahirabad
    Andhra Pradesh
    India
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