India Post — Commission of 0.005% commission on time deposit

Address:

FLAT NO 171 BLDG NO 23 BHARAT PETROLEUM STAFF COLONY, AZIZ BAUG, CHEMBUR, MUMBAI 400074

I retired from the services of a public sector oil giant, M/s Bharat Petroleum Corporation Ltd. from 1st April, 2021. I invested a major portion of my retirement dues in Time Deposits of India Post Office and India Post Bank online and without any agent code.

I invested Rs.60, 00, 000/- in my name Prabhu Venkatesh, Rs.45, 00, 000/- in my wife's name, Mrs. Veena Venkatesh Prabhu and Rs.34, 00, 000 in my daughter, Ms. Varsha Venkatesh Prabhu . I was given to understand that Post Office gives a commission of 0.005 % to the Postal Agent, if the same is rooted through the Postal Agent. Since I invested totally on online basis, my request is that the same shall be reimbursed to me at the earliest. It will work out Rs. 69, 500/- .

Should you need any further details on this subject, I will be happy to provide you the same. I have uploaded the full details of my investment here below.

Prabhu Venkatesh
Ex- Chief General Manager (Finance) Refineries
Bharat Petroleum Corporation Ltd.
MUMBAI 400074