State Bank Of India [SBI] — PPF Interest not fully paid

Address: Alwar, Rajasthan, 301019

Website: www.sbi.co.in

Dear Sir, I was stationed at Indore till Nov. 2013 and had an S.B. A/c [protected] (Jt. With wife Nalini Kumar) at State Bank of India, Old Palasia Branch(3432), Indore. I also had a PPF account at the same branch vide A/c. No.[protected]. In Dec. 2013, we shifted to Bhiwadi. Accordingly, our S.B.A/c was shifted to Bhiwadi Branch (07052) at Neelam Chowk, Bhiwadi, Distt. Alwar, Rajasthan, carrying the same account number. I also applied for shifting of my PPF account to Bhiwadi Branch. Subsequently, in the process, my PPF account at Indore was closed on 28-01-14 with a balance of Rs.83450.09. A new account No. [protected] was also opened at Bhiwadi on 28-04-14, in which I deposited Rs.1000/- on 28-04-14 as my contribution for the Year 2014-15. But the balance from the Indore Branch, amounting to Rs.83450.09 was credited to my PPF account only on 07 July 2014. On 16th April 2015, I again deposited Rs.1000/- towards my PPF contribution for the year 2015-16 and got the transactions entered in my PPF Pass Book. I was shocked to note that interest on my PPF account has been paid only from[protected]the date of opening of account at Bhiwadi) till the end of financial year 31-03-15. No interest has been paid for transit period from 28-01-14 to 07-07-14. The matter was brought to the notice of Branch Manager, SBI Bhiwadi ( Shri Dharamvir, Mob.[protected]) on 20-04-15 and written application was submitted to set the accounts straight. It is now more than six months, I have made innumerable numbers of rounds at the SBI Bhiwadi Branch to get the interest credited to the PPF account, and every time I am promised immediate action but nothing happens. Kindly note that the transfer of PPF account was fully handled by SBI only. The money was all along with SBI only. The delay if any in the transfer is on account of SBI only. I am repeatedly being told that Your complaint PP[protected] has been attended to and closed after resolution as amount could not be credited for unavoidable reasons Kindly look into the matter and arrange to get my dues credited to my PPF account at the earliest, w.e.f[protected] so that I do not lose the interest on this amount due to delay in entry by SBI. (NARENDER KUMAR) M-358, Ashiana Utsav, Vasundhra Nagar, Bhiwadi, Rajasthan -301019 Mobiles : [protected], [protected] Land Line[protected]