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

    • Airtel is the father of all the cheaters in the telecom sector

      We have two postpaid connections from Airtel, The numbers are 9755597955 & 7898910888. Till June 2019 the plans for both the postpaid are 299 each. But from July 2019, the plans for the connect...

      By Anonymous Circle member
      /
    • Jio Customer Care is pathetic

      I am following up with Jio customer care from last so many months , sent so many mails but have not received any reply and refund in my account. My grievance We were using an Airtel connection befo...

      By Simran Saini
      /
    • Nestaway- Security Deposit not Refunded

      I have moved out of my Bangalore rental house taken from Nestaway on May30th. They have not refunded the security deposit of Rs.80,000 after 2 months. They informed after lot of follow-up that they...

      By ARUN JOHN
      /
    • Probelm with Bigbasket, Bangalore

      I have purchased groceries from Bigbasket on 14/07/2020 vide Order No.130538979 140720 for R.624/- and paid by credit card. However the amount was deducted twice from my card. Bigbasket has not ref...

      By SM KURUP
      /
    • Jio Mart delivery

      I have ordered some items through Jio Mart app order no.15960204989052303A.but the same is not being delivered on schedule date.every time it is resheduled for another date.similar problem is being...

      By EYASIN MD
      /
    • HDFC Hai Hai

      So ... Payzapp and HDFC Banking support IDs not giving any sensible response, so I try phone. Ditto + they say to write to support (already done). So I tweet. They say to call or write to support (...

      By Sarita Agarwal
      /
    • Misleading ads reg Corona

      Now eureka forbes says it as invented the Scalene Hypercharge Corona Canon (SHYCOCAN) a powerful device that attacks and disables Coronavirus. It says FORBES CORONAGUARD aims to provide...

      By Amit Mishra
      /
    • Unfair withdrawal of product / service purchased

      I had purchased a Lenovo laptop on 14 June vide order no - 171-4115174-3777117 and as suggested by you bought the bundled warranty for additional 2 years vide order no - 171-4445711-4975568. I had...

      By Sridhar Babu
      /
    • FLIPKART FROUD TO ME

      Hi.... I am buying a luminous battery at flipkart on 7th march 2020 still item not delivered. I am cancelled the item 1st aprl 2020 but flipkart update item delivered. Still ...

      By Santosh Aakula
      /
    • Covid 19 Test price capping in Karnataka

      Attached is the price cap notification for covid 19 tests both rt pcr and antigen tests. You may save the link or notification and reproduce if a family/friend is being overcharged

      By Ashima Gupta
      /
    • Extra money charged as nconvenience fee only for payment through digital mode by Indigo airlines

      Airlines are charging different types of charges, but charging Rs 300 per ticket/ per passanger onky if you make payment by digital mode, it is totally wrong when govt is encouraging citizens for ...

      By Anonymous Circle member
      /
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.)