Axis Bank — Salary account nagative balance in axis bank

If the banks starts calling negative balance customers like you then the bank will go bankrupt. They will make calls if you are a high end customer. Seedha saadha customers with low balances are not useful to the bank. What will you do... you will close the account. The Bank wants you to do that. Who wants nonremunerative customers who waste the banks time and other peoples time.

the bank will not call all its customer to inform them about their balance. A negative balance can arise for any number of reasons. SOme of the reasons are :
a) salary is not being credited into the account and therefore it is not a salary account anymore. YOu should have either closed the account or maintained the minimum balance if this is the reason for the negative balance. You cannot have the cake as well as eat it.
b) you have withdrawn money as overdrawing and not repaid.
c) cheque bounce charges have been debited
d) the bank has set off something you owe them elsewhere

But in all cases the fault is clearly yours. Ignoria juris non excusat.

But only one time call to costemer bank responsibility for minimum balance meitan ing.
Why not infome to customer its nagative balance
Every time call for credit card.loan etc but no call for negative balances

It's froud with costumer.
I suggest all people who account in axis bank.plese alert this froud bank axis.

How can you defame a bank by calling it a fraud. The rules clearly state that salary account gets the status of salary account only when salary is credited. Every Bank in India follows this principle. So banks have to give facilities to you free of cost. Look here Mr Sanjay there is no such thing as a free lunch.

Will it be necessary tp pay all the amount which is negative while closing account ?
Or is there any way to get back that money?

Hi,

Please elaborate your concerns at customer.[protected]@axisbank.com along with your contact details for us to assist you.

Regards,
Axis Bank