Union Bank Of India — interest on late credit of outstation cheques

We, life insurance corporation of india warud bo, have not received interest on late credit of outstation cheques as per mou between lic and bank. We are pursuing the matter with ubi warud branch since year 2010 and they informed on 08.09.2017 that they have referred the matter to their regional office on 08.09.2017. And we have not received any response from your regional office, nagpur even after elapse of eight months. The matter is very old and the same is pointed out in our internal audit for the year 2010-11 and still not resolved.
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Union Bank of India customer support has been notified about the posted complaint.
May 07, 2018
Updated by LIC Warud
We, Life Insurance Corporation of India Warud BO, is having current Account No.[protected] in Union Bank of India, Warud Branch .We have not received Interest on late credit of outstation cheques as per MOU between LIC and Bank for the year 2010 amounting Rs.72916/- and for the year 2011-12 amounting Rs.24776/-. The same is pointed out in our Internal Audit held for the year 2010-11 and 2012-13. We are pursuing the matter with Union Bank of India, Warud Branch since then and now Union Bank of India Warud Branch has informed that they have referred the matter to their regional office on 08.09.2017. But we have not received any response from your regional office, Nagpur even after elapse of eight months.

Kindly look into the matter and arrange to resolve the issue.

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I have deposit the cash in machine at Kandivali East branch but the cash has been blocked in machine AMT of RS 24500
AC no. [protected]
Dharam enterprises
[protected]
Pls look out

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