Allahabad Bank — incorrect interest rate applied during auto-renewal of fds

Address:Kolkata, West Bengal, 700059

My father has some fixed deposits in allahabad bank, kkt branch, kolkata. Being an ex-employee of allahabad bank, he always got the staff benefit. As per the rules, an ex-employee of the bank gets 0.5% additional interest rate on the then-market rate for fds. Also for senior citizens, there is an additional interest rate.in the past, fds were auto-renewed with these benefits. This year, the branch office renewed the fds at the market rate without any additional benefit of staff benefit ans senior citizen benefit. Now instead of rectifying the error, the bank tells to close all the fds and make new investment...
Was this information helpful?
No (0)
Yes (0)
Allahabad Bank customer support has been notified about the posted complaint.
Complaint comments 

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    Allahabad Bank
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    13%
    Complaints
    1427
    Pending
    0
    Resolved
    189
    Allahabad Bank Phone
    +91 33 2231 9144
    Allahabad Bank Address
    2, N. S. Road, Kolkata, West Bengal, India - 700001
    View all Allahabad Bank contact information