Legal Question in Banking Law in India
Bank Account Charges Dispute
Dear Sir,
3 years back I opened an current account with a Bank. It was told there will be no charges for 6 months (nothing in writing) and can maintain zero balance account by the marketing person. And it was also told the account become inactive if not operated for 12 months. I opened this with the purpose of availing discount for home loan which was the offer that time.
However now i realised that the bank had charged Rs. 300 as cheque book charges and now it multiplied to more than Rs. 4000. Someway i feel i did'nt used the banks money and the Rs. 300 is charges of cheque book which i got cheated by marketing person by telling there was no charges involved.
Now i believe this account had become dormant account as i did not operate it for more than 3 years.
1. Can you advice anyway i can settle this account by paying minimum amount or no need to pay for this.
2. What could be the possible implication if i ignore this account.
Thanks
5 Answers from Attorneys
Re: Bank Account Charges Dispute
is the account in credit balance or debit balance. If it is in debit balance, you have to tell the Bank by issuing notice that you are not agreeable for the extortionate debit of charges. If the debit balance is not much, ignore the account.
Re: Bank Account Charges Dispute
We think that we can help you to solve your affairs forthwith, please send us your documents or write an detailed e-mail in order to notify the circumstance. We checked over the documents thereafter, we will return your added phone number,e-mail or address,as soon as.
Re: Bank Account Charges Dispute
There is no legal issue involved. you may negotiate the charges with your bank.
Re: Bank Account Charges Dispute
you can communicate with bank for settlement.
Re: Bank Account Charges Dispute
Well!!! I feel you should approach the bank and settle this issue amicably.
Related Questions & Answers
-
Banking/repossession First of all, I would like to thank u for your prompt response... Asked 5/06/09, 7:17 am in India Banking Law
-
Repossession We filed 138 case for dishonour of cheque issued towards payment of... Asked 5/06/09, 1:13 am in India Banking Law
-
Need to purchase the Home which is owned by my father Hi Sir, Just wanted to... Asked 5/05/09, 10:42 pm in India Banking Law
-
Cheque dishonor of sbi how many cases are there in india sbi cheque dishonor Asked 5/04/09, 12:09 pm in India Banking Law
-
Want to Purchasing a Home which is owned by my Father My Father wants to Sell his... Asked 5/04/09, 11:05 am in India Banking Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
