Axis Bank Wrong Fixed deposit interest rate
Complain ID : CCN026440 27
Banks Complaint
Complaint Date: March 8, 2017
Modified date: March 20, 2017
I have made a fixed deposit for 70,000/- on 4th March mentioning the term as 3 months at sector-14 branch of Axis bank. As per the bank, rate of interest for 3 months is 6.25%. There has be a technical error by person who made the FD (vandana), who raised it for 90 days (where 3 months should have been MENTIONED). Again, as per the bank, rate of interest is 6% for 90 days. I have raised a complaint with number 29405168 and 29405788, but no resolution provided. There is some understanding isssue with the bank, who is now not agreeing to change it to 6.25%. Please help me in changing the interest as I have rightly made my decision for 3 months and the difference is 146 for every quarter.
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