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Late recovery of 400 times increase in Locker Charges retrospectively from last 4 yea

This is a discussion on Late recovery of 400 times increase in Locker Charges retrospectively from last 4 yea within the Banking forums, part of the Business & Finance category; I the undersigned hold SBI S/B Account No.11072673108 and Locker No.B-63 for last 30 years in Ramdaspeth Branch ,Nagpur.I had ...

     
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Old 06-28-2010, 12:31 AM
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Default Late recovery of 400 times increase in Locker Charges retrospectively from last 4 yea

I the undersigned hold SBI S/B Account No.11072673108 and Locker No.B-63 for last 30
years in Ramdaspeth Branch ,Nagpur.I had instructed Bank to recover yearly Locker charges from my abovementioned S/B Account.Accordingly it has been done @800/-annually until 2006 and an amount of Rs.1500/-in 2007.Suddenly an amount of Rs.6700/- has been debited on 11/01/2010,the break-up of which is as under:-
1.Arrears for2006--------Rs.2200/-
2.Arrears for2007--------Rs.1500/-
3.Upto March 2008-----Rs.3000/-
------------------
Rs.6700/-
----------------
During 2006 minimum balance in my S.B Account is Rs.6500/-Had the Bank revovered Rs.3000/- Locker rent in 2006 I would have closed account since the rate in increase is almost 400 percent.This has resulted in my loss.There is no information regarding increase in rent to us till date.It is therefore requested that that the new charges be made applicable to me as from 25/06/2010.
S.P.Paranjape
Plot No.48A,Anand Mangal Apartment,Pande Layout,Khamla,Nagpur.440025
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