Indian Postal Service refused to pay Bonus as per agreement.

Location/place: Pune

Name of company/service: Indian Postal Service

COMPLAINT IN CONSUMER COURT
J. E. Baliwalla
Delna-Villa, Plot No. 67, Sector No. 24,Pradhikaran APPELLANT
Nigdi, Pune-411 044

POST-MASTER RESPONDENT
P.C.N.T. Nigadi, Pune-411 044

Dear Sir.
This refers to the above Monthly scheme No. 90764 for Rs 600000/- in favor of J. E. Baliwalla & Monthly income Scheme No 90763 for Rs 300000/- in favor of Delna J. Baliwalla invested on 23rd Mar-2007 & maturity due on 17th Mar-2013.
I have to state that while investing in the above M.I.S. six years back, it was committed that on maturity along with the capital sum and bonus of 10% will be given, & the same was mentioned in our M.I.S. Book also in the notification.
It was surprising that on maturity after six years, while receiving the capital amount along with 10% bonus, only capital sum of Rs six Lacs & Rs three Lacs cheques where only given.
On enquiring & Showing the notification to the Post master PCNT Pune-44, where the M.I.S. was invested, she was so rude & directly refused to give Bonus as per agreement, mentioning you can go to consumer court. This was un-acceptable behavior with a senior citizen.
Six years back, I had invested with Post-Office at 8% interest rate, compared to 11% with other schemes, presuming that on my retirement, I will have a bonus amount as a saving, but here it seems that investing in Government saving also has no values
Hence I am lodging a Complaint with Consumer Court for refund of 10% Bonus of Rs 90,0000 ( Rupees Ninety Thousand only ) on Postal Dept. in acquiring my hard earned money, which is a supporting saving as a retired senior citizen.
I solemly affirm that the above statement is true & correct
Yours Truly
J. E. Baliwalla
Address : Delna-Villa. Plot No. 67, Sector No. 24, Pradhikaran, Nigdi, Pune-411 044
Phone : 020 27655270
Mobile : 9423203041


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