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Latest Banking Advice

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Q: contain of letter by employer to SBI bank for opening a savings acc of any employee.
-- Subhamoy Giri, NEW DELHI 01/06/09
A: There is no need to submit a letter in writing to open an a/c in any branch of SBI. Approach the concerned officer in the Bank and request him to provide you an A/c opening form and patiently fill up the same by giving proper, enough information and by providing address proof and identity proof, also two photographs.


Address to.....


The Branch Manager State Bank of India Branch New Delhi


From : (Your name & Address)


Sub. : Regaring A/c Opening at your Branch.


Sir,


I would like to open a _____ a/c with your Branch. I hereby request you please issue required form for the

details

Q: i am devaraja h i am SBI Card holder since 2 year back after so many hidden charges, i decide to close the credit card after sbi statements are stoped but after one year 3months given a legal notice with 10,584 Rs. in Sept 2007 statement shown as -603 Rs is outstanding still asking 463 Rs. for closing charges know asking 10,580/- how to settle the problem i am in Mysore
Attachments:  431757513012224617102007.pdf (73.617k), 431757513012224617092007.pdf (75.806k)
-- DEVARAJA H, India 12/31/08
A: Yes, it is true that SBI Card is the worst of all the other cards, first they start saying that the interest charges are less and once if we take a card then they start charging all types of interest and the interest will be turned into compound interest also once if we don’t pay a single installment. I have taken SBI Card and i have turned one of my payments into EMI’s and they charged me interest for turning the payments to EMI’s also. God only knows what kind of card is it.The service is pathetic (i am being modest i guess). People at the customer care are just useless bunch of jokers, with

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