770503 - Letter to Manager of Punjab National Bank written from Bombay

Letters by Date, 1977

His Divine Grace
A.C. Bhaktivedanta Swami Prabhupada

3rd May, 1977

Hare Krsna Land
Juhu Road,
Juhu, Bombay 400 054

Punjab National Bank,
Krsna Balarama Temple Branch,
Bhaktivedanta Swami Marg,
Ramanreti, Vrndavana,
District Mathura, U.P.
Attention: The manager

Dear Sir,

I beg to acknowledge receipt of your letter dated the 27th April, 1977 along with attached statements for Savings Accounts nos. 1 and 4. In your letter you mentioned that you have credited my account Rs. 1,25,000 (Rupees one lac, twenty-five thousand only) being the proceeds for F.D. receipt no. 1/76 dated 8-4-76, in favor of a/c no. 1 in the name of A.C. Bhaktivedanta Swami. However when I looked at the statement of account I see you have credited me only Rs. 1,22,903/82 (Rupees one lac, twenty-two thousand, nine hundred and three and eighty-two paisa only). Why this discrepancy? Neither I find that you have credited me the 8% interest on this Fixed Deposit. Besides this, the Fixed Deposit matured on the 8th of April, so where is the interest for the ten days elapsed between the date of maturity and the date of crediting the account?

You also mention in your letter that you credited S/F/ A/c no. 4 in the name of International Society for Krishna Consciousness, Gurukula account, a total of Rs. 1,26,252/95 (Rupees one lac, twenty-six thousand, two hundred and fifty-two and ninety-five paisa only). However in your statement for this account you have instead credited the amount of Rs. 1,26,505/69 (Rupees one lac, twenty-six thousand, five hundred and five and sixty-nine paisa on the 18th of April. Why this discrepancy? Neither I find that you have given any interest on these three F.D. RS. no. 523/76, 525/76, 525/76 all of which were to earn 8% interest. Also I find that you have not given any interest for the eight days between April 10th when they came matured and April 18th when you actually credited the account. Please explain why all of these discrepancies are there.

You are crediting my A/c no. 1 Rs. 1,000 (Rupees one thousand only) monthly for interest for Fixed Deposit. Please inform me which Fixed Deposit you are crediting monthly interest for, as I have many deposits with your bank.

Other than the above discrepancy which I have already pointed out regarding my personal A/c no.1, the rest of the statement seems alright. As far as the statement for A/C no. 4 is concerned, you should inquire from the temple authority of Krsna-Balarama mandir, as they are maintaining this account. Expecting your early reply and thanking you for the same,

Yours faithfully,

A.C. Bhaktivedanta Swami
c.c. Akshoyananda Maharaja
c/o Krsna-Balarama Mandir

ACBS/tkg