[Resolved] Repco Bank — Do Not trust the Bank staff if you think of saving with the bank.
Type of Investment (VRD) Variable RD.
Rate of Interest 10.1% (attractive)
Before you invest, attractive maturity values would be advertised by the bank staff. but later during maturity you might not get the amount told by the bank staff. The blame will go the Computer system and the calculation. Actually The calculator they use during your enquiry and the values suggested are fake. The system, staff and the bank are not trustable. They do not provide a proper response, They lack a great deal of professionalism. The level of documentation (Passbook, statement of accounts, calculation towards the percentages shown) are very poor.
Complaint marked as Resolved 2020-08-14 04:07:58