Bank of Baroda is very Stubborn for waiving off Minimum balance charges.

[mnn]

Despite multiple complaint to branch and nodal officers no one want to waive off minimum balance charges.
RBI ombudsman portal also not replying from many days.

I have 3500 negative balance in my bob account
700 rupees are Debit Card charges other are non maintenance charges, I am ready to pay debit card and sms alerts etc charges but I want to waive off other charges.
( I want to use the account )
Everyone says that Bank can't charge beyond the balance .... and I wanted to test how thses things works or not but in my scenario 😅 I think I have to pay full of 3500 to bank for my mistakes.

I welcome your suggestion should I pay full charges and start to use account
Or more efforts to be taken..

Thanks in advance

 

[praful1947]

Despite multiple complaint to branch and nodal officers no one want to waive off minimum balance charges.
RBI ombudsman portal also not replying from many days.

I have 3500 negative balance in my bob account
700 rupees are Debit Card charges other are non maintenance charges, I am ready to pay debit card and sms alerts etc charges but I want to waive off other charges.
( I want to use the account )
Everyone says that Bank can't charge beyond the balance .... and I wanted to test how thses things works or not but in my scenario 😅 I think I have to pay full of 3500 to bank for my mistakes.

I welcome your suggestion should I pay full charges and start to use account
Or more efforts to be taken..

Thanks in advance

Debit card and sms charges you are bound to pay but for AMB it can be waived off .

You have to keep fighting with them for this .

 

[mnn]

Debit card and sms charges you are bound to pay but for AMB it can be waived off .

You have to keep fighting with them for this .

Bro I am ready to pay every charges other than minimum balance.

 

[praful1947]

Bro I am ready to pay every charges other than minimum balance.

Keep fighting ...

 

[Dr.AMAN]

SBI did the same thing when they waived the mab charges in 2020. Those who had negative balances prior to that, their accounts still reflected negative balance after MAB was changed to zero. Infact when some of them added some funds, it was adjusted against that negative balance. So yes when Govt's own beloved bank SBI didnt stick to RBI's directive against negative balance thing, we cannot hope much from BOB. If u really want BOB account then it would be easier to just pay the negative balance than to keep fighting. Or else u can just move on from BOB and go to another PSU bank.