TITLE- IS IT A SCAM OR PLAIN CALLOUSNESS OF ALLAHABAD BANK


I AM AN OLD PATRON OF ALLAHABAD BANK MAIN BRANCH, PATNA-800001. I HAD THREE T.D.Rs DETAILS OF WHICH ARE MENTIONED BELOW .
1. A/C NO. 50013847304.INVESTED AMOUNT: 58228=00 DT. 22.5.09 MATURING AS
68385=00 ON 16.9.11


2. A/C NO. 50013847177 " " 58228=00 DT. 22.5.09 "
68385=00 ON 16.9.11


3.A/C NO. 50013847451 " " 124800=00 DT. 22.05.09 "
151788 ON 16.09.11


NOW I VISITED THE BANK ON 14.05.11 TO REINVEST ALL THE THREE TDRs AT INCREASED RATE OF 9.25%.

WHEN I WENT TO THE BANK TO COLLECT THE TDRs I FOUND TO MY DISMAY THAT THE AMOUNT REINVESTED WAS MUCH LESSER AMOUNT THANIT SHOULD HAVE BEEN, TO WHICH THE OFFICIAL PROTESTED TAHT THEY ARE DEALING IN CRORES AND EVERYTHING IS BEING DONE BY THE SYSTEM, SO HOW COULD THE SYSTEM MAKE AN ERROR, BUT ON MY INSISTENCE, THE OFFICIAL AGREED TO PREPARE A MANUAL CHART TO VERIFY MY COMPLAINT AND I WAS ASKED TO COME THE NEXT DAY WHICH WAS ON 25.5.11, SO WHEN I VISITED THE BANK, THE OFFICER ANNOUNCED THAT YES THEY HAD INDEED DONE A MISTAKE BY WRONGLY CALCULATING THE INTEREST, AND SO OFFERED TO CANCEL THE TDRs AND MAKE FRESH TDRs. ALTOGETHER THERE WAS A SHORTFALL OF Rs. 5450=00.

NOW MY REQUEST IS THAT BEING A LITTLE AWARE, I COULD MENTALLY CALCULATE AND THUS PROTEST FOR THE LESSER AMOUNT BEING SHOWN, BUT WHAT ABOUT THE UNEDUCATED MASSES, WHO WITH A BLIND TRUST COULD HAVE TAKEN THE TDRs AND LEFT THE BANK.

SO THERE IS A BIG QUESTION MARK WHICH HAS TO BE LOOKED INTO.


INDERJIT SINGH SACHDEVA
5, S.K.NAGAR
PATNA-800001
CELL: ********75.