Indian Postal Service — Unjustified recovery of interest paid on Sr Citizen saving schemes

Venudhar

from Hyderabad, Telangana

Apr 17, 2017

Address: 500 070

Sir,

I have deposited Rs 8.30 lakhs in Post office Sharadanagar, Vanastalipuram, Hyderabad under Sr Citizen Saving scheme. I have mentioned my age as 58 years and I was under the impression that ladies of 58 years are considered as Sr Citizens as in Railway reservation. Having accepted the deposits under four accounts, now they are deducting the interest paid ( Rs 63, 000/) and asked me to close the accounts. My appeal to Sr Supdt of post offices and Post master General to treat the deposits under Monthly income schemes an adjust the differnce in interst had no result.
I request you to direct the Postal authorities not to deduct the interest paid already
V Rajyalakshmi w/o V Venudhara Sastry [protected]

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India Post customer support has been notified about the posted complaint.

Apr 23, 2017

Updated by Venudhar With ref to my above complaint reg proposed recovery of interest paid on my deposits in SCSS by postal authorities, I have not closed the accounts so far, , although they asked to close ( copy of Sr Supdt of Post Offices letter is attached) I am hoping that you will come to my rescue. If I close, they will recover the interest paid. How can they punish me for their fault in accepting the deposits in the initial stage ? Had they rejected in the beginning, I would have deposited in MIS. Hence I am asking for adjusting the difference in interests between SCSS and MIS.
Urgent action is requested, as I am loosing interest for the current period. ( they will not pay any interest until I close and reopen afresh)
V Rajyalakshmi w/o V Venudhara Sastry( [protected])

May 02, 2017

Updated by Venudhar Please let me know whether you have taken any action to solve the above issue o[censored]njustified recovery of interest paid on SCSS by Sr Supdt of post offices. .What is the progress?

If there is no reply, i presume you have not taken any action. Then i will be forced to close the accounts which means loss of interest of Rs 65, 177 plus the interest that would be acquired for this pending period.
Is this the result after complaining to you ?

Please reply immediately on the action taken by you.

V Rajyalakshmi w/o V Venudhara Sastry [protected]

Indian Postal Service — Unjustified recovery of interest paid on Sr Citizen saving schemes

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