Termination of salary account by bank
Kay Abreu
(Querist) 05 September 2014
This query is : Resolved
Can a bank terminate my salary account simply because a harsh mail to the top management re: requesting for a credit card for which phone verification was done. My employer was shocked. A new salary account has been opened in another bank. Under what circumstances can banks act like this ? Can I take any action against them ? Thank you.
ajay sethi
(Expert) 05 September 2014
forget it . you cant waste your time running around courts . you have new salary account opened now . move on in life
Rajendra K Goyal
(Expert) 05 September 2014
May lodge complaint to the top management, RBI.
Generally public sector Banks does not take such steps. For which Bank you are referring?