Axis Bank Limited — Salary account converted into savings account without any prior information | |||
Why Axis bank converting salary account in to savings account if there is no any transaction for more than 3 months in that salary account. Those are all system automated set up manually by the humans they know to change the salary account in to savings account and why can't they close the salary account if there is no any transaction for more than 3 months. Why these type of fraudulent is not addressing by the RBI and even complaints forum are not functioning good. So many of the employees affecting because of this and I am one of them. Every Employee striving for a money if these banks are doing like this without any information how do they come to know about this. RBI should strictly cascade this rule once salary account is not operated more than 3 months it should automatically closed. Not to change into basic savings account without any information and sucks the poor employee blood. I want to close my saving account without paying any fines. Why should i pay penalty for my salary account that too not giving any prior notice and not even any statements. Please RBI bring this Rule ASAP for the Poor employees. Was this information helpful? | |||
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Same thing happened with Me, Just Recently.
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Vinay D. Patel's reply, May 24, 2022
And, What is the Solution for this?
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