Dear Sir/Madam, Now a days every bank is offering 4% interest on the savings account.I am holding an account with SBI for the past 1 1/2 years.First interest was credited to me on 31/12/2011 for Rs.288 but before that my balance was Rs.8763.72,if we calculate 4% of this then it will be Rs.350,but only Rs.288 is added. 2)second interest was credited to my account on 3006/2012 before that day my balance was Rs.30,772.83 but only Rs.185 was paid to me as interest but if we calculate 4% of this will be Rs.1230.91 3)Third was paid to me on 31/12/2012 before that day my balance was Rs.37,958.64 but only Rs.464 was paid to me as interest.If we calculate 4% of this will be Rs.1518.34

If my point of view of calculating interest rate is correct,then the remaining interest amount should be credited to my account.

Complainant Information
name- marafay