INDIAN OVERSEAS BANK
They demanding to buy a insurance

Business & Finance

Dear sir,

I have a savings account in Indian overseas bank in Ramana nagar Branch, While opening the savings account they demanding me to buy a Insurance and they deduce amount from my account mandatory, But i said i am not interest on this, but they are deduce the policy amount from my account once per year,

This is not mandatory said by Reserve bank of India, but still they are doing like this, They have tho stop like this activities and shoud refund my deduced amount to my account,

Thanking you

R.Manikandan


Company: INDIAN OVERSEAS BANK
Country: India
State: Tamil Nadu
City: Tiruvannamalai
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