Need A Financial Product Forums Bank Accounts & Deposits Mismatch in principal amount in interest certificate with account statement

This topic contains 1 reply, has 2 voices, and was last updated by  Nirbhay Arora 3 years, 4 months ago.

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
  • #47077

    I received interest certificate from SBI for 30 months old SBI max gain loan account. I found mismatch in the principal amount mentioned in it from my account statement. As per the statement, my drawing power has been reduced by Rs. 59,562 which I think is the principal amount that I have paid in last 30 months. Interest certificate shows that I have paid Rs. 98,556. What can be the reason of this mismatch and how to resolve it?


    Yes, it is the principal that you have paid. Better if you ask the reason for mismatch directly from your bank.

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.

About Us

Simplypaisa, a web initiative by Elite Wealth Advisors Ltd, has the primary objective to help readers make smart financing decisions. What is smart finance? How to make smart financing decisions to procure assets or to meet one’s personal needs? Information is critical to make smart financing decisions: be it to purchase your dream house, a car, to start a business or to enable an entrepreneur to meet his/her working capital needs.Read More...


Elite Wealth Advisors Ltd.
S-8, DDA Shopping Complex,
Near Jeevan Anmol Hospital,
Mayur Vihar Phase-1, Delhi-110091.
Phone No: 011-42445800
Email :

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.