SBI Maxgain account — Question

POSTED BY Harasees Vijai ON August 19, 2013 2:53 pm COMMENTS (2)

Hi,

My “Available Balance” shows as 1036 whereas I recently transferred 10,000 to my Max gain account.

Before Transfer :

Book Balance : -17,67,474.00

Available Balance : 0

After Transfer:

Book Balance -17,57,474.00
Available Balance 1,036.00
Limit 17,58,510.00
Uncleared balance 0.00
Drawing Power 17,58,510.00
 

I was expecting my available balance to be 10000 whereas this does not reflect.

Should I not be able to withdraw 10000 from maxgain if I have trenaferred the same.

 

Thanks HarAsees

 

 

 

2 replies on this article “SBI Maxgain account — Question”

  1. Dear HarAsees, can you share your account statement with me on my personal mail id?

    Thanks

    Ashal

  2. BanyanFA says:

    I believe that your monthly EMI has been adjusted against your 10K deposit. Better confirm it with SBI.

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