Indian Overseas Bank — renewal of fixed deposit amount | |||
Dear sir, I have fixed deposit of 4 lakhs of amount in indian overseas bank for a period of 1 year on 23 june 2011, due to miscommunication with iob bank - misunderstood that amount would be auto renewal after the 1 year term of fixed deposit. But recently only aware that wouldn't be renewal after 1 year of fixed deposit. Now iob bank branch manager said renew this amount with 1 year of fixed deposit interest rate only. That mean their not willing to pay any interest (Fixed or savings account) after the 1 year fixed deposit. So i have loss 5 years and 8 months of fixed deposit interest. Atleast, can i get savings interest for this 5 years and 8 months or until now?? Please advise and where to approach to get my interest rate for 5 years and 8 months!! Was this information helpful? | |||
Indian Overseas Bank customer support has been notified about the posted complaint. | |||
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