Can credit score be messed with in case of no loans
Hi,
My friend opened an IDFC bank through an agent few months back. He applied for the 10k mab account but the agent opened the 25k mab account. Bank started charging him when his balance went less than 25k. The agent left the bank and said to talk to the branch. The branch is now saying that their branch has all accounts with minimum 25k mab. They are lying as my friend’s client has 10k mab accounts in the same branch. Anyways he mailed the customer support team for a month. Every time a ticket number was generated which was auto closed within 48 hours. On the phone support they also used to create a ticket but it was also auto closed within 2 days. He requested the branch to close his account but they said that it cannot be done within the first 6 months else there will be some preclosure charges around 4-5k. He transferred all his money to some other account. Now he is getting calls from the bank to either keep 25k mab and pay the charges or else the head office will raise a query with the credit score companies and his credit score will be ruined. As per the caller if an account is not closed it will keep on attracting minimum balance charges and once they breach a certain limit the credit score of an account holder will be impacted. Is this true that the credit score will take a hit in this case? What should be done in this case?
Thanks
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Branch Location?
Scare tactics, nothing else. Credit agencies are authorized only to keep the database of line of credits offered to a person and its re-payment history.
PS: Inquiry History, Employment history, Contact/Residential/Office history.
Saving bank account can’t mess credit score..
File complain with RBI and chill.
Matlab no issues even if after few years the bank charges for non-maintenance reach 10k+ ?
It’s such a broad daylight loot, should not be overlooked at any cost, RBI should sack such banks practicing these kind of nonsensical charges in unethical ways in the name of MAB…What if a person’s financial status has gone bad only after account opening, he should be definitely allowed to opt out without being charged..
Banks and NBFCs all do unethical practice. take example of home loan when you do inquiry they will say that they will give best rate (Ex.6.8%) but after you apply and latter comes you will find some other interest rate on it (ex.7.10%).
and if a person ask written think or customer copy, they will say ham pe bharosa nahi hai kya..
90% of time when a person go to bank for any changes related to account or request new card or address change, they will simply ask customer that… yaha sign kardo baki hum fill kardege…
all follows unethical practices..
so i always see what they fills in form and take pic of it in mobile…
Ask him/her to lodge a complaint on PGPortal – https://pgportal.g...n/
If unresolved, lodge a complaint with RBI Ombudsman.
preclosure charges around 4-5k – utter lies
Ask your friend to go to bank with complaint letter and demand acknowledgment. Never budge.
They will just fall in line.
Yaar axis mein hote the 1000+service tax aaj se 6-7 saal pehle. Aajkal pta nahi. One of the reasons I stick to sarkari banks lol
Btw..it’s very common practice ..
Same had happened to me if I had ignored things ..
Opened account online..but KYC was done in person
The person visited me came with two forms (I checked 10K classic account varient in that along with my signature)…then he tried his best to..I am sure if I would have left it blank he would have made my account as 24K MAB…
Always pay attention to what papers you are signing …(most bank papers we normally sign as black paper and agent/RM fills it latter…always tick or fill necessary details by yourself or ask agent to fill )
Mail id’s where he sent those mails
[email protected], [email protected], [email protected], [email protected], [email protected], [email protected]
The second and fourth email ids used to auto block his email address
Message blocked
Your message to [email protected] has been blocked. See technical details below for more information.
The response from the remote server was:
550 5.4.1 Recipient address rejected: Access denied. AS [MA1IND01FT010.eop-IND01.prod.protection.outlook.com]