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Shruti   25 August 2022

Fd interest not paid

Hi, Branch manager changed interest rate on my FDs by 1% and when I complained to him he said he will compensate me for the loss but it has been almost six months now and he did not compensate me and he keeps saying I will do it, I will do it, don't worry. In August, he changed interest rate again 1% lower, now I will have 2% lower interest payout on my FDs. When I complained to him he said it's corporate people doing it and he will talk to them but it's been end of month now, I went to bank five times this month and he keeps saying he will change it, he will change it but doesn't do anything. What should I do?



Learning

 1 Replies

Advocate Bhartesh goyal (advocate)     25 August 2022

If in actually bank had paid you matured F.D with less rate of interest then it is deficiency of bank's services ,for this  either you may complaint to Bank Ombudsman or file complaint before District Consumer Commission having jurisdiction.


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