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.
KamalNayanSaxena
(Expert) 04 March 2009
Under RTI Act you should demand the copy of agreement executed by Neeraj.
KamalNayanSaxena
(Expert) 04 March 2009
Under RTI Act you should demand the copy of agreement executed by Neeraj.
KamalNayanSaxena
(Expert) 04 March 2009
Under RTI Act you should demand the copy of agreement executed by Neeraj.
KamalNayanSaxena
(Expert) 04 March 2009
Under RTI Act you should demand the copy of agreement executed by Neeraj.