Banking OD charges

amit (Querist) 28 February 2009 This query is : Resolved
Dear Sir,
Mr.Neeraj was having an OD current a/c.in syndicate bank. After one year neeraj has not renewed his OD a/c.Rather he prepaid the amount of OD through Bank of Baroda take over. But,the branch manager of syndicate bank charged 2% when Neeraj has closed his a/c & prepaid the amount.
Neeraj requested the manager to get/give him the copy of clause/term & conditions of bank,bcos Neeraj has not prepaid his OD amount before one year,thats y he wants to cheak, is he liable to give syndicate bank 2% prepayment charges.
What can Neeraj do to get the copy of clause/term & conditions of syndicate bank? Is neeraj liable to pay 2% prepayment charges,closing his OD account after one year by Bank of Baroda take over?
please give sections / AIR / Judgements if any for support.
Thanking you.

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