I booked an FD in Kotak @7.2 for 22 months but withdrew it before 10 months. They charged me more than 27% of my interest amount. They gave me an overall interest of ~5.3%, credited only 4% on a prorated basis. Ideally, they should charge me 0.5-1% of my credited interest amount. I feel some fraudulent practice here. Can someone correct me if my understanding is incorrect? or if something is wrong here then how can I escalate it ?
FD Amount: 100000
The amount shown to me at the time of premature withdrawal: 105524
Amount Credited: 104028
Note: Their CC executives are pathetic, they were even happy if I close the account. Well, I’ll close the account soon, I have never faced this problem in HDFC.
| Subscribe To Our Free Newsletter |
