BankingComplaint - A ONE STOP Platform to get answers from the BEST of Industry GURUS | We are in Beta - Will be Fully functional soon

How can a car dealer encase the e voucher payment of ZIP DRIVE car loan from HDFC BANK? |Refusal attest my passbook |Cheating with bank account |Cash Deposit Machine Error Amount Not Credited to Account |IMPS FUND transfer |Full & final settlement and relieving letter not received. |Imps transfer failed but money debited and not credited to another account |Aadhaar not active in my account for lpg subsidy |Tip/scg.Visa.Pos.Dt 240116 |Wrongly Debited Rs. 5000/- |Digipurse wallet |High value cheque was returned by bank service branch |COLLECT Transaction Failure But Amt deducted |Txn fail and amount cut |No enquiry for my new account issue for 2000 thousand rs not show in my account diposit |Refund of wrongly debited money |Amb chrg incl st & cess |TBMS charges |Home Loan is Sanctioned but Didn't get Appointment for Home Loan Formalities |Deduction of SMAB charges from SAVING account |HDFC Bank — Cancellation of car loan |CIF not transferred during bank account transferred |Cif number not changed |Arrears on a/c of Pre 2006 notifications for defence pensioners |

About the problem arised during the cancellation of demand draft?

0 votes
9 views
asked Nov 29, 2015 in Others by Sujana
On  (27-11-2015) we went to bank nellore branch near railway station. we completed all the formalities for the cancellation and counter 4 employee did cancellation process and sent to another counter for cash return. but he did not gave us money and he gave much of trouble to us and the employee of counter 4 that he will not return money but transfer that money to our account. my husband waited for a long time and he went to both of these employees many times. but no use so my husband got angry and left that dd with these employees and returned home. now how can we get that money.

1 Answer

0 votes
answered Nov 30, 2015 by Raja
Dear Sujana

As per banking practice, when a DD is to be cancelled, the amount would be transferred into the account, from where it was made.  In rare instances, subject to IT and bank guidelines, cash can be paid, if the DD amount is less than Rs.20000/-.  Getting angry and leaving the DD with the bank is not appropriate.  Please do visit the bank branch again and get the amount transferred into your account, which is in order.  After all, it is your money.

RAJA

Related questions

Welcome to BankingComplaint. Any Banking Related Query/Issue- We provide the Best Solution from an Industry Expert.
Ask a question

Privacy: Your email address will only be used for sending these notifications.

Source-Indian Bank Association
Source-Indian Bank Association
Source-Indian Bank Association

Beware of Fraud

Never share your Credit Card/Debit Card No., User Id, Password, PIN, OTP, Secret Question & Answer, 3D Access with anyone.
No person from Bank/DSA will ever ask you the same.

News from Banking Industry

Pac to Examine Banks
Source-Economic Times
No Penalty after Credit Card Due Date
Source-Economic Times
...