[Resolved] Corporation Bank — deposit interest and overdue loan interest differts

SUBRAMANIAN Nachiappan

Address:

Sivaganga, Tamil Nadu

Date : 08/09/2015

From

g dhanikodi

jayhinth nagar, karaikudi

To

The manager

Corporation bank

Sankarapuram branch, karaikudi

Sub: deposit loan interest and deposit interest reversed & re credit in correct amount
My savings account rag

Dear sir, i request to the following deposit and loan interest in
Overdue amount re credit in my sb a/c (Sb/01/000885)

1. Fixed deposit of rs.700000 on 05/05/2010 monthly interest scheme
But not credit in my deposit loan account or my savings account
(Deposit no fd/[protected] dt 05/05/2010 due date 05/05/2015 rs700000/- receipt no 714245)

2 deposit loan interest applied every month in my loan account but
Deposit interest not credit on monthly basis for our loan account
. Deposit interest kept with your bank sundry creditors account only (Loan account no sdl/01/100007 rs 600000/- dt 09/11/2010) so every month loan interest including overdue interest also applied in my loan
Account

Sundry to loan account credit details (Not in credit monthly basis to loan)

1) 28/09/2011 interest rs. 21020 tds rs 2509 net credit rs. 18511

2) 05/06/2013 interest rs. 90793 tds rs 10090 net credit rs. 80703

3) 01/11/2014 interest rs. 67264 tds rs 7683 net credit rs. 59581

4) 03/09/2015 interest rs. 29428 tds rs 2475 net credit rs. 26983

Deposit monthly interest rs 4204

Loan interest monthly rs 4740 (But overdue including interest
Applied of rs. 5470 so difference amt of rs.700 per month to maturity date (Nearly 50 month)

I request to re calculation of my loan interest in monthly basis as well as deposit interest kindly re credit the wrong calculation amount from 05/05/2015 to 03/09/2015

I have expecting the correct calculation of deposit loan and deposit interest amount

Note : sundry credit your bank internal account only the amount parking bank site issue not my mistake so will expecting fever

Thanks & regards

G dhanikodi
On behalf of son in law subramanian

Was this information helpful?

No (0)

Yes (0)

Jan 16, 2018

Complaint marked as Resolved

our deposit interest credit to deposit loan account in monthly basis but bank branch not credit in correctly so we are suffer of over due interest kindly reversed over due our mail id [email protected] cell no 9677939535 thanks dhanikodi ...son in law Subramanian

Corporation Bank customer support has been notified about the posted complaint.

Jan 16, 2018

Updated by SUBRAMANIAN Nachiappan From

G Dhanikodi

Jayhinth nagar, Karaikudi

To

The manager

Corporation Bank

Sankarapuram Branch, Karaikudi

Sub: Deposit Loan interest and deposit interest reversed & re credit in correct amount
my savings account rag

Dear Sir, I request to the following deposit and loan interest in
overdue amount re credit in my sb a/c (SB/01/000885)

1. Fixed Deposit of Rs.700000 on 05/05/2010 monthly interest scheme
but not credit in my deposit loan account or my savings account
(Deposit no FD/[protected] dt 05/05/2010 Due Date 05/05/2015 Rs700000/- Receipt No 714245)

2 Deposit Loan interest applied every month in my loan account but
deposit interest not credit on monthly basis for our loan account
.deposit interest kept with your bank sundry creditors account only (loan account no sdl/01/100007 Rs 600000/- dt 09/11/2010) so every month loan interest including overdue interest also applied in my loan
account

Sundry to loan account credit details ( not in credit monthly basis to loan )

1)28/09/2011 interest Rs. 21020 TDS Rs 2509 net credit Rs. 18511

2)05/06/2013 interest Rs. 90793 TDS Rs 10090 net credit Rs. 80703

3)01/11/2014 interest Rs. 67264 TDS Rs 7683 net credit Rs. 59581

4)03/09/2015 interest Rs. 29428 TDS Rs 2475 net credit Rs. 26983

Deposit Monthly interest Rs 4204

Loan Interest Monthly Rs 4740 ( But overdue including interest
applied of Rs. 5470 so difference amt of Rs.700 per month to maturity date (nearly 50 month)

I request to re calculation of my loan interest in monthly basis as well as deposit interest kindly re credit the wrong calculation amount from 05/05/2015 to 03/09/2015

I have expecting the correct calculation of deposit loan and deposit interest amount

Note : Sundry credit your bank internal account only the amount parking bank site issue not my mistake so will expecting fever

Thanks & Regards

G Dhanikodi
on behalf of son in law Subramanian