RBIO: Got Compensation of ₹10,000 from Canara Bank

[theflash]

@sjmajumder is there any provision from RBI where bank has to inform the customer for non maintainance of MAB? I mean let's take an example is I'm not maintaining ₹10k in October'24 so bank has to notify in October'24 that the balance is not maintained or they can notify and charge in Jan/Feb'25 also?

If they can notify anytime then ig I don't have a case here right?...

 

[imdjay]

@sjmajumder is there any provision from RBI where bank has to inform the customer for non maintainance of MAB? I mean let's take an example is I'm not maintaining ₹10k in October'24 so bank has to notify in October'24 that the balance is not maintained or they can notify and charge in Jan/Feb'25 also?

If they can notify anytime then ig I don't have a case here right?...

They need to intimate customer and give a chance to maintain the mab. So in the same month before month end, they should notify.

 

[rakesh3929]

I have a canara bank savings account. My Debit card expired in the month of March 2024. Mostly banks send a new debit card to the registered address once it is nearing expiry. I didn't receive any such debit card from canara bank till now. Can i raise a complaint with RBIO? If yes, should I ask canara bank PNO first for a reason and then complaint to RBIO?

Can soomeone kindly give your input on this?

 

[vchouksey80]

Hi @sjmajumder, How can I DM you?? I need to discuss something...

 

[SSV]

Hi @sjmajumder, How can I DM you?? I need to discuss something...

Like below, by first clicking on his username....

 

[vchouksey80]

Like below, by first clicking on his username....

View attachment 89169

Arey bhai, ky hi smjh liye ho? Utna pata hai, DM ka option nhi aa raha mjhe esliye puchha

 

[theflash]

Arey bhai, ky hi smjh liye ho? Utna pata hai, DM ka option nhi aa raha mjhe esliye puchha

Maybe not everyone can DM a legend 🙂

 

[Strange]

Like below, by first clicking on his username....

View attachment 89169

I think you are getting DM option due to your high rank or he has whitelisted you for DMs as DM option isn't available for me.

 

[s1t2y3a3m6]

I think you are getting DM option due to your high rank or he has whitelisted you for DMs as DM option isn't available for me.

No, ssv getting DM option because sjmajumdar following him and set DM preference to following persons only

Maybe not everyone can DM a legend 🙂

 

[hender]

Maybe not everyone can DM a legend 🙂

Boss is busy... So much International cases are pending... @sjmajumder

 

[SJM]

@sjmajumder is there any provision from RBI where bank has to inform the customer for non maintainance of MAB? I mean let's take an example is I'm not maintaining ₹10k in October'24 so bank has to notify in October'24 that the balance is not maintained or they can notify and charge in Jan/Feb'25 also?

If they can notify anytime then ig I don't have a case here right?...

Sorry I missed your question. Read this 👉 Levy of penal charges on non-maintenance of minimum balances in savings bank accounts

 

[hender]

Maybe not everyone can DM a legend 🙂

Thank you 🙏 O God.
I can send the msg to Legend, but not the "BOSS -TF Rajini Sir"

 

[SJM]

Hi @sjmajumder, How can I DM you?? I need to discuss something...

You can start a thread with your issue and tag me. I do not prefer DM but try to respond to all posts where I am tagged. In rare cases when I miss please send me a reminder by re-tagging me.

 

[SJM]

Sorry I missed your question. Read this 👉 Levy of penal charges on non-maintenance of minimum balances in savings bank accounts

@theflash Do you have clarity now? I think you have a case.

 

[SJM]

They need to intimate customer and give a chance to maintain the mab. So in the same month before month end, they should notify.

Levy of penal charges on non-maintenance of minimum balances in savings bank accounts

(i) In the event of a default in maintenance of minimum balance/average minimum balance as agreed to between the bank and customer, the bank should notify the customer clearly by SMS/ email/ letter etc. that in the event of the minimum balance not being restored in the account within a month from the date of notice, penal charges will be applicable.

 

[theflash]

@theflash Do you have clarity now? I think you have a case.

Yes waiting for dad to arrive back to India post that will raise RBI complaint so that he can handle the call from RM.

 

[RichieRich]

Hi everyone, I received 20,000 in compensation from SBI today for CIBIL-related issues. Just wanted to say thank you to all the community members. @TechnoFino @sjmajumder

 

[theflash]

Hi everyone, I received 20,000 in compensation from SBI today for CIBIL-related issues. Just wanted to say thank you to all the community members. @TechnoFino @sjmajumder

Kindly explain the issue you faced? So that anyone else here can also understand and raise a complaint if they're facing the same

 

[RichieRich]

Kindly explain the issue you faced? So that anyone else here can also understand and raise a complaint if they're facing the same

I had applied for an SBI credit card, but due to some address issues, the card was never delivered to me. However, SBI still activated the card, and it remained active on my CIBIL report for five years. So, I raised a ticket with the RBI regarding the issue.

 

[SJM]

Hi everyone, I received 20,000 in compensation from SBI today for CIBIL-related issues. Just wanted to say thank you to all the community members. @TechnoFino @sjmajumder

Congratulations!!

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