RBIO: Received compensation of Rs. 20,000 from Axis Bank

[Aniket]

Actually it is not a due date. They mentioned 5 working days, so at least in this case they are right 😂

Oh they have mentioned it as working day, then it's ok.

But though, it could have been sent on the same day. Why sending on last/5th working/ business day?🤣

P S: 2nd and last Saturday is also holiday for banks.

 

[sjmajumder]

Oh they have mentioned it as working day, then it's ok.

But though, it could have been sent on the same day. Why sending on last/5th working/ business day?🤣

Saving interest on behalf of the bank...interest on 20K for 5 days LMAO

 

[kuchbhi]

Oh they have mentioned it as working day, then it's ok.

But though, it could have been sent on the same day. Why sending on last/5th working/ business day?🤣

because its axis isn't the name enough!!

 

[Aniket]

because its axis isn't the name enough!!

🪓 Kaafi hai kaafi hai! 🤣

 

[Aniket]

They are taking the full 5 days. Just now I sent a reminder stating tomorrow is the deadline for the credit to my account and received immediate reply stating tomorrow is a bank holiday, the amount will be credited on Saturday.

Mujhe laga udhar se reply aayega kaunsa paisa kis chiz ka paisa?🤣

 

[sjmajumder]

Mujhe laga udhar se reply aayega kaunsa paisa kis chiz ka paisa?🤣

She wouldn't dare to do so. This is the same lady from the local branch who requested me to consider 20K instead of 50K.

She must have thought that I was giving empty threats when I told her back then that I will take compensation for this. She and PNO even ignored my 10K demand and then she had to plead me to accept 20K 🤣🤣🤣

 

[kuchbhi]

She wouldn't dare to do so. This is the same lady from the local branch who requested me to consider 20K instead of 50K.

She must have thought that I was giving empty threats when I told her back then that I will take compensation for this. She and PNO even ignored my 10K demand and then she had to plead me to accept 20K 🤣🤣🤣

power of #aam.aadmi
had you attended the meeting, what would have been the possible outcome?

 

[Vickymaster1010]

can i file a complain against yes marquee i got the card and now the reward points are changed to 0.15 from 0.25

 

[6ix9ine]

can i file a complain against yes marquee i got the card and now the reward points are changed to 0.15 from 0.25

Lol? 😂😂😂

You want to complain to the RBI just because your card got devalued? That decision is entirely at the bank's discretion.

 

[Sahil_07]

Hi can you enlighten me with the compensation part ?
After complaining in the Rbi Ombudsman,Banks take the matter very seriously and try to solve the matter.
Now when can I demand compensation?
Or Rbi itself will order the bank to give compensation if they find the case serious?

 

[sjmajumder]

power of #aam.aadmi
had you attended the meeting, what would have been the possible outcome?

Possible outcome could have been anything. Bank could have started by saying technical glitch, only 3 days delay, no compensation please.

BO would have decided on the compensation amount, we are not aware of any parameters for that. It could have been anything between 0 and 50K. But since Axis bank agreed to pay 20K so easily, I would think the compensation through BO in all probability would have been northwards of 20K.

 

[sjmajumder]

Hi can you enlighten me with the compensation part ?
After complaining in the Rbi Ombudsman,Banks take the matter very seriously and try to solve the matter.
Now when can I demand compensation?
Or Rbi itself will order the bank to give compensation if they find the case serious?

You have to demand compensation while filing the complaint.

 

[kuchbhi]

Possible outcome could have been anything. Bank could have started by saying technical glitch, only 3 days delay, no compensation please.

BO would have decided on the compensation amount, we are not aware of any parameters for that. It could have been anything between 0 and 50K.

hmm, i see!

 

[Sahil_07]

You have to demand compensation while filing the complaint.

I did.
Then I just have to wait?
Will sbi(in my case) call for compensation if the case is serious?

 

[6ix9ine]

I did.
Then I just have to wait?
Will sbi(in my case) call for compensation if the case is serious?

bamboo kiya bhi toh kiski, SBI 🙂

 

[Sahil_07]

bamboo kiya bhi toh kiski, SBI 🙂

Unauthorised Savings acc in my number
I have two savings acc in sbi.
Recently I found another acc in my number which is not mine.
I don't know the person either
But his account is inoperative state.
I demanded 50k
Asked to delink my number from that person's savings account

 

[6ix9ine]

Unauthorised Savings acc in my number
I have two savings acc in sbi.
Recently I found another acc in my number which is not mine.
I don't know the person either
But his account is inoperative state.
I demanded 50k
Asked to delink my number from that person's savings account

Good luck with your case

 

[Sahil_07]

Good luck with your case

Yeah that's why wanted to know,is there anything more I have to do?
I have raised complaint in RBIO, next day branch manager called me and told he is taking the matter seriously.
But I think the case is quite serious,so I don't want to miss the money 🤣

 

[kuchbhi]

Possible outcome could have been anything. Bank could have started by saying technical glitch, only 3 days delay, no compensation please.

BO would have decided on the compensation amount, we are not aware of any parameters for that. It could have been anything between 0 and 50K. But since Axis bank agreed to pay 20K so easily, I would think the compensation through BO in all probability would have been northwards of 20K.

northward means
near about 20k
little less than 20k
or little more than 20k?

 

[6ix9ine]

Yeah that's why wanted to know,is there anything more I have to do?
I have raised complaint in RBIO, next day branch manager called me and told he is taking the matter seriously.
But I think the case is quite serious,so I don't want to miss the money 🤣

You just need to sit and watch, RBI will do the rest. If the branch manager resolves this then perhaps they may try to negotiate on amount or resolve this complaint without paying anything.

@sjmajumder can comment better on your case, luckily I never faced this issue, but learnt alot from his posts.