[Resolved]  State Bank Of India [SBI] — Do not deposit money bank into the much-needed fund

Address: Amroha, Uttar Pradesh, 244221

Website: SBI

Respected Sir / Madam

Name - Ramashankar Yadav
Address- Friend Colony, Vasudev Nagar, Amroha Uprpray 244221
Email- [protected]@gmail.com
Mo. [protected]

Bank - State Bank of India
Branch- Amroha ifsc code number sbin0000610, 244221
Sbi accout-[protected]

Reason for Complaining -
From my account on December 09, 2011, 30, 000 rupees were deposited by the bank in a mutual scheme named Tax Magnum Fund. I was given the receipt of the signature signature stamped by SBI as proof. Folio number was not found. Meanwhile, the employee who had deposited this money was transferred to the second branch. The attempt to get the Folio number was unsuccessful again. Later it was revealed in the branch manager's inquiry that the employee did not actually deposit the said amount in the fund.
Now the branch managers are asking for funds to deposit only Rs 30, 000 from today's date. I also contacted SBI customer service officers in addition to the branch for reimbursement. But they continued to keep the tone of contacting the branch. When this money has been with the back of the last seven months and he has got the benefit of it. So it is not reimbursed by the bank, where justice is done by the bank.

Insistence / request - I expect through your forum- that if the amount has been withdrawn from the bank for the past seven months, then it should be deposited in the mutual fund immediately (up to 31st March) due to fair and appropriate compensation. This investment was done to get good returns and income tax relief.