AlertsByVivek
KF Expert
Without my concent two schemes added by Union Bank of India in my Bank account
They yearly deducting 426~ and 120~ aprox.
How to stop this ?
They yearly deducting 426~ and 120~ aprox.
How to stop this ?
About PM insurance Scheme (PMJJBY)
- Thread starter AlertsByVivek
- Start date
Skylar
KF Master
Visit the bank and ask them that happened without your consent and you want it to be stopped, if they are not listening complain to RBI ombudsman.
It is with every PSU bank they are joining people into these schemes without account holders consent.
AlertsByVivek
KF Expert
I tried the same. They are saying once opted no option to cancle.
Skylar
KF Master
You can complain to RBI ombudsman.
Saying Union Bank did that without my concern and now they are saying it cannot be canceled.
If it cannot be canceled then enter the amount deducted so far and calculated the amount that could be cut in future and add it in compensation collum, while you rigister the complaint.
zacobite
KF Mentor
it can't happen with out consent.. spk to bm.. get some compensation, get a cc or something.. by the way.. the schemes are gd so keep them.. just get something in return for not taking your consent.. or tell them that you will write to rbi.. but all this with BM
AlertsByVivek
KF Expert
I experienced a same thing with SBI. Initially, I contacted the branch, but it seemed they were unwilling to assist. Later, I escalated the matter to the nodal officer, and the refund was processed promptly next day.
Skylar
KF Master
Awesome, these days while opening the account employees are attaching these schemes to savings account with out coustmers consent to reach their target.
AlertsByVivek
KF Expert
True. But RBI need to be strict about this.
Ya right, but I didn't submit those scheme forms ever, yet they activated the insurance without my consent. I filed a complaint with the nodal officer for that, and then, the BM called me to apologize and said it's their mistake.
Skylar
KF Master
There won't be any form, Direct while applying there will two tick marks if they clicked on it game over
form auto filled.No, in the case of SBI(not sure about others), they cleverly include form like the one you see below along with KYC/account opening forms.There won't be any form, Direct while applying there will two tick marks if they clicked on it game over
Skylar
KF Master
Ohho, if people don’t read this, then bank employees could easily bluff them and get them to sign, claiming it’s one of the account opening forms.