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[Resolved]  Ppf In Sbi — Refusal to accept depost & reconsideration of calculation of interest

I have PPF A/C (no[protected] in SBI of BiharSharif Main Branch ( Code - 42), Nalanda, Bihar. I had deposited Rs. 50000/- on 19.03.2008.Now I have sent another draft of Rs. 70000/- for the credit in my PPF accont, but bank officials are not accepting the draft with a plea that maximum limit is RS.70000/- per annum. i suppose the one year is counted from 01 April to 31 March.

Also as per my calculation the amount of interest credited in the March 07 is Rs. 66526 in stead of Rs. 72683. I sent my represntatve 2-3 times to bank officials for clarification but they refused to hear any thing. I had written a letter but no action taken by the bank.

please help in above.

thanking in anticipation


amresh kumar sinha
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Aug 14, 2020
Complaint marked as Resolved 
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