Hi friends, today I wanted to share my personal experience which I had with Sree Thyagaraja Co-operative Bank Ltd.
I'm banking with these people for the last 1 year and trust me they have tested my patience very badly. I had plan open a fixed deposit account for 4 lakhs in Jan 2017. Last year when the demonetisation happened in fixed deposit interest rates were 10.50% but with in 3weeks the interest rates were slashed down to 8% . Hence I thought of opening an FD account before it was about to dip.
It was on 9th Jan, I spoke to the Bank person and adviced him to open immediately as it was the last day. the bank person asked me to take the receipt after 2days. When I collected the receipt after 2days I was totally shocked because the FD was opened as per new interest rates. I spoke to the chief manager, but he was rude at me telling that he could cancel the FD. But that was not what I had expected from them. He never apologized for their mistake.
I discontinued my account because money is not what I'm concerned but the relationship.
