Present time close the Sahara office also transaction, So need for my money refund. Present time close the Sahara office also transaction, So need for my money refund.

11 months ago

With due respect I wish like to state that, I Fixed in Sahara Credit Cooperative Society Ltd. When I went withdraw the maturity money of the Sahara officials, this time changed the previous certificate new fixed deposit in Credit Cooperative Society. Unfortunately my certificate maturity date as on 15th Jan. 2024. Its create a fear among poor people like me, I’m doing a private job and manage my family. So no way-out for me except ‘suicide’ otherwise prematurity. Thinking you,

Legal Counsel Vidhikarya

Responded 11 months ago

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A.Dear Client,

In case of FD, an option for auto-renewal on the maturity of FD is stipulated in the application form for FD/TD along with other option which is treated as standing instruction(SI) from the customer. in case you opted for that option of auto-renewal, then on maturity FD gets renewed automatically without any consent of the Depositor. Considering your crisis you may go for premature encashment of FD with a little amount of deduction of penal interest applicable on premature encashment of FD.
If your financial crisis overweighs your little bit of financial loss you may opt for the same to cope up with the situation.
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Vidhi Samaadhaan Vidhi Samaadhaan

Anik

Responded 11 months ago

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A.Hello,
As per the infromation you have given it is suggested to you that you need not to worry and reach out to an advocate for this issue for first hand information.
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