Bank services - the DD process

The government is pushing for digital payments, at a time when the service levels at banks and payment apps are pathetic (Just did a post on paytm).
Now, i had to get a DD for college application. Went to the IOB branch near my house in Bangalore (Basavanagudi). When I asked for the form, I was asked if I had an account. i said No. And they said they don't accept cash for DDs.
Then went to the HDFC bank where I have been having an account for years. The DD form says cash/check/Account/NEFT. And the counter clerk asks me if I have a check. Does he expect me to carry a check book wherever I go. Finally, he accepted to get money from my Account, after getting my id proof and taking a photocopy (why a photocopy for every transaction, can't he just check the account online with the id proof). And it was a shuffle between counters. Give the form in counter 1. He gave it to the counter 2 (next to him). Counter 2 and gives it to counter 1. After a few minutes of wait, when I ask counter 1 for the DD, he says ask counter 2.
if this is the state of service with one of the top banks. imagine the fate of others. more  

View all 40 comments Below 40 comments
They are doing it to minimize the abuse of banking system for frauds & conversion of black money; The property builders, illegal businessmen, money from extortion & bribery, theft used to do anything to make their cash income useful, if such person comes & asks to make DD for cash, then, how will the bank confirm that he/she is not using money earned by illegal means? That's why they tries to make their side safe, to not fall into some kind of problems later. more  
Many a times it has been observed that if you go to a bank for any transaction,first of all they will ask do we have an account in this Bank.If not then they may not entertain.How many accounts you should have? Then comes maintenance of minimum balance of say Rs 10000/-.Over and above on this amount they pay only 3.5% interest.As per me it should be considered like F D and bank should give 7-8% interest. more  
Dear All,
Though non-availability of Demand Draft on payment of Cash is the issue of Mr. Padmanabhan, this message is for general information. For the last few years, all transactions involving transfer of money from one hand to other are being done by banks rightly through accounts. Rightly because we as society must prevent unaccounted transfer of cash. The problem faced by Mr. Padmanabhan due to non-availability of Cheque book at the given time can be overcome by signing a debit voucher and if only We show some humility, the bank officials are more than helpful more often than not. more  
Though I have an account in the bank, they ask for a cheque to debit the amount. This is my experience with Central Bank and Corporation Bank at Mumbai more  
DEAR PADMANABHAN,please give a miss call to 14440(A RESERVE BANK INITIATIVE)..they will contact you so that you may register your complain.With regards.BN DAS more  
Post a Comment

Related Posts

    • Orange Travels Smuggling Liquor from Goa to Hyderabad Caught

      Smuggling of liquor by redbus I was travelling from goa to hyderabad on the 8th of jan 2020, along wid my sis and cousins. The Orange Travels bus driver and conductor were illegally smuggling...

      By Anonymous Circle member
      /
    • Medicines failing tests

      49 samples of leading medicines have failed quality tests and attached is the full list. Everyone consult your doctor if u are taking any of these. Share this post far and wide and save your friend...

      By Harsimran Kaur
      /
    • Problem I faced with Whirlpool Product

      Hello Friends, I have purchased Whirlpool Washing Machine in July-19. After use of only 2 to 3 months problem in machine started. The clutch and other threaded portion damaged. On other hand t...

      By Harsh Bhatt
      /
    • Misleading Advertisements by eCommerce sites: Inputs on Issues

      Below are some of the key issues raised by you in regards to misleading advertisements by ecommerce sites. Kindly review the same and share any additional inputs you may have. We look forward to yo...

      By Dept. of Consumer Affairs (Government of India)
      /
    • Online or ePharmacies - Inputs on Solutions

      Below are some of the key issues being reported on online or e-pharmacies and apps. With this post, we would like to seek your specific inputs on solutions that will help address these issues .

      By Dept. of Consumer Affairs (Government of India)
      /
    • Solutions to improve workings of Online Travel Sites

      Below are some of the key issues outlined by you in regards to travel web sites in India. Kindly review them and share specific solutions that must be implemented to fix these issues. We look forw...

      By Dept. of Consumer Affairs (Government of India)
      /
    • Improving functioning of eCommerce Cashback Programs

      Below are some of the key solutions proposed by you to issues regarding eCommerce cashback programs. Kindly review the same and if you have any additional solutions, please share. We look...

      By Dept. of Consumer Affairs (Government of India)
      /
    • Inflated MRP: Inputs on Issues

      Below are some of the key issues outlined by some of the members in regards to inflated MRPs. This pertains to certain category of products where the average sales prices is much lower than the MRP...

      By Dept. of Consumer Affairs (Government of India)
      /
    • Improving integrity of Online Reviews: Inputs on Solutions

      Below are some if the key issues outlined by you all with regards to Online Product Reviews on eCommerce sites. Kindly review them and share solutions that will help enable consumer access to unbia...

      By Dept. of Consumer Affairs (Government of India)
      /
    • Vodafone may be shut soon

      Supreme Court said nothing doing. Pay what u owe to the Govt. Vodafone owes 19000 crores. Sent attached letter. Why did kumar manglam birla get into this mess in the first place? Airtel ...

      By Harsimran Kaur
      /
    • Fraud transactions in my account

      My parents dispatched a New ATM card through Trackon courier Pvt ltd. website address is www.trackon.in and my delivery had to come Mohali Punjab...

      By Arun Paswan
      /
Share
Enter your email & mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

Please select a Circle that you want people to invite to.
Invite to
(Maximum 500 email ids allowed.)