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Public Provident Fund Account?

0 votes
6 views
asked Sep 18, 2015 in Others by Hardik

I have deposited  for rs, 50000/ on  bank, for clearing to ppf a/c with  branch on 07.09.2015. Cheque got cleared bank on 08.09.2015. But credit effect on other bank given on 14.09.2015.It was 6 days delay to give credit effect. It incurred intt. Loss. Delay is unjustified too.Refer the matter

 Thank you.

 

1 Answer

0 votes
answered Sep 18, 2015 by Raja
Hi Hardik

The details in your query are incomplete.  If the cheque was debited in your account on 8/9/2015, your PPF account too should reflect the relative credit on the same day and it can not be after 6 days.  Please take up the matter with the Bank, wherein your PPF account is being maintained for a clarification.

RAJA

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