Banks Want Forged Paper Trails After Taking Money Illegally From Customers For Modi Govt's Flagship Schemes
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Banks should explain these schemes properly to customers instead of doing this forgery without consent
Few days back I had seen something similar written in my bank where they had written the target and enrollment done in various types of bank accounts. I didn't understand what was the purpose now I can correlate that data with this. I am no way alleging that my bank was also doing fraud transactions because I have not seen any wrong deduction in my 2 accounts.
SBI is notorious for this. At least in my case the branch manager requested to buy it. I couldn’t say no. The yearly premium is around 250 rupees for 2 lakh or so life cover. But I called SBI to stop auto renewal and they stopped it in an instant. So it’s all good.
Customer care or branch?
Targets targets everywhere
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If applied with consent , proper nominees and provide physical copy of insurance, then this insurance scheme is actually a good scheme, given the fact many Indians don't opt for insurance in their lifetime