State Bank Of India [SBI] — State Bank Of India (SBI) Mandatory insurance for opening savings account

Vamsiteella

from Visakhapatnam, Andhra Pradesh

Apr 28, 2017

Address: Vizianagaram, Andhra Pradesh, 532501

Today i went to the sbi branch to. Open an account and the manager said that to open the account it is mandatory to take the insurance policy of 3000 rupees every year other wise they are not giving any new accounts in their branch. Ifsc code of the branch is sbin0001848.
So please take action regarding this issue other wise the reputation of your organisation willa damage and nobody want to open an account in your bank

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State Bank of India [SBI] customer support has been notified about the posted complaint.