Axis Bank — FD matured late without extra days of interest

Address:Bangalore, Karnataka

I had opened one FD account ([protected]) on 04/01/2014 for 6months and 1 days. FD was supposed to mature on 5/7/2014. But due to some technical reason it could not matured on the due date. FD was set to auto closure. I got the call from local branch, they updated me that FD will mature on 9th july 2014, with the same maturity amount which was due on 7th July 2014. No extra interest will be given for the days it got delayed. Even though I had asked that person to give me the interest for the days it got delayed. But they did not consider it. In further communication with the bank they updated me for less than 7 days there is no interest rate. But my point is Money was with the bank for more than 7 days. Total time period took by the FD was 6 months and 5 days. How they can consider only less then 7 days of time. I did not make the FD for less then 7 days, where I am asking for the interest. They should count the whole time duration, when the FD was made and when finally it got matured. So this time was 6 months and 5 days.
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Axis Bank customer support has been notified about the posted complaint.
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Thanks for the follow up. I got the resolution from Axis bank on my issue.

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