Axis Direct have created a demat account under my name without my permission.
Axis Direct have created a demat account under my name without my permission.
Hi Sir/Madam, I opened a salary account in Axis bank in the year 2016. In the year 2017 I closed that account. In the year 2020 I opened a demat account with Zerodha. Last month I got an email fro
3 years ago
A. Yes you can. What you can do is send them a legal notice asking them to stop the nuisance and even pay you some compensation for this nuisance.
If they still continue then move the court or consumer forum and seek compensation
Banking
I am a clerk in a bank. Yesterday one lady came to close her gold loan. The total due amount was 1528219 but she only gave 1500219 which I didn't notice at that time. While closing cash I was short by
3 years ago
A. Nothing can be done now.
How to save my property against mortgage loan
My brother took business loan at 15% and we keep the home paper as guarantee. But due to Covid-19 impact we are unable to pay. We paid almost 40% of total amount. But due to 3 bounce emi they sent us
3 years ago
A. Since you have this clause the bank will find it difficult to auction and sell. Also in case of any action by bank you can file a case in DRT against the Bank.
Ankur Goel @ Complete Law Shield
Sidhaarth S
Ayantika Mondal @ Prime Legal
suspension- no salary -deteriorating life standards
hello sir. i was working as manager in bank. in 2019 december i was on leave due to personal issues, i had provide same details along with some necessary details . later in jan end 2020 i received s
3 years ago
A. Though as per service rule till pendency of inquiry bank can order for one third salary and subject to out come inquiry subsequent orders for dismissal etc can be passed but in no circumstance withhold the released one third salary during inquiry. The act of bank is illegal. You can lodge complaint to bank ombudsman for release of withhold salary and can also report the matter to police. Take assistance of any if your colleagues in inquiry and you can also challenge inquiry and orde of inquiry o ...ReadMore
Sidhaarth S
Demat Account Maintatinace Charges
Hi I have been charged a sum of Rs 885 from Axis bank under the statement of breach of contract. They say I have recently applied for a new broker (which is true) and they say that while I opened the
3 years ago
A. you signed without reading forms.
you can try to complain to banking ombudsman (useless) but bank will send reply that you signed the forms.
Ankur Goel @ Complete Law Shield
Legal Notice received by the bank on my property for non payment of six months
Received legal notice as to put on auction my property , Bank had not taken proper initiative to process my approval request of my EMI after moritoriam period in the last year 2020 due to my financi
3 years ago
A. You have to reply to that Bank `s notice. Also, you better meet that Bank`s manger once to seek some time to you to regularise your loan.
S K Pandey
How can I seek compensation for the loss far the banking service?
3 years ago
A. Dear Sir,
You may either approach Banking Ombudsman or Consumer Court.
Banking
If an account holder is asking the bank to do a service including deposit or withdrawal, repayment of loan principal amount etc through the customers registered e-mail ID which was given in the bank b
3 years ago
A. deposit and withdrawal by email is not standard.
in US, emails are not entertained for any banking purpose.
scanning and then sending by registered email should be fine but bank have to accept it.
else only written letter by registered post will work.
Ankur Goel @ Complete Law Shield
Deceased Claim
My father expired in Dec 2020. He had made a will in 2013 and appointed me as his heir for all his belongings known and unknown. Now Bank is asking me to get the consent of all his legal heirs before
3 years ago
A. Bank is right in asking you for consent of other heurs. In the present situation you should get a probate of the Will from court.
Although floating housing loan bank is charging same interest from last 3 years
I have taken loan from PNB HFL from last 2.5 years. The loan was taken with floating interest rates. However bank has never changed interst rate although RBI has changed the interest rates. It is almo
3 years ago
A. Dear Sir,
If the bank is recognized under the list of Rbi, which work according to the directions given by the Rbi then you can drag them to consumer court. You can also complain to bank's Ombudsman.
Ayantika Mondal @ Prime Legal
