Dear Sir/Madam,
S B a/c #[protected]
With ref to the above, frm my S B have no interest credited by bank. If i have any loan they are calculating intyerest per day basis.As per the RBI rules interest of Some banks pay interest on savings interest every half year. i.e. For Jan to Jun balances, banks credit interest in the person’s account in the 1st week of July. And for the balances kept in between July to Dec, bank pays interest in the 1st week of Jan every year.
Kindly check the above acount & do the needful
Regds
Moni
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