Bank is refusing to give our money back(3L rupees)

[Mightyshravan1051]

M

Mightyshravan1051
PARTICIPANT
March 21, 2025 at 6:27 pm

My dad had opened a account in osmanabad district co operative bank in osmanadad district
We opened the account long time ago more than 10 years ago my dad deposited the amount of 3 lakh rupees in that account
We have all the records including bank passbook.
The bank employees are telling us that bank do not have funds to give back our money.
The chairman of the bank refused to give back our money he says wait for some more
Years.

The bank is limited to that district only

What are the legal ways that we can get our money back?

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[Braveseeker242]

B

Braveseeker242
PARTICIPANT
March 21, 2025 at 6:35 pm

ask for bank register complaint book, if he gives write down complaint.

Give written complaint to bank manager and take acknowledgement.

Register complaint on NCH RBI ombudsman

fee RTI after 3-4 weeks, requesting status of your complaint

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[Mightyshravan1051]

M

Mightyshravan1051
OP
March 21, 2025 at 6:39 pm

Okay will do that! Thank you.

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[Alphasachin6903]

A

Alphasachin6903
PARTICIPANT
March 21, 2025 at 6:55 pm

could you elaborate how to file an RTI and where too?

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[Braveseeker242]

B

Braveseeker242
PARTICIPANT
March 21, 2025 at 7:01 pm

Check you tube how to file RTI. It requires 10 Rs fees to file RTI

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[User_c1dc8de9]

U

User_c1dc8de9
PARTICIPANT
March 21, 2025 at 7:45 pm

Just the threat of doing all this would get him his money…

Btw aisa konsa gandu bank hai jispe 3 Lakh rs bhi nhi hai dene ko , more importantly why are we even calling it a bank lmao…

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[Expertsaloni4292]

E

Expertsaloni4292
PARTICIPANT
March 21, 2025 at 7:55 pm

Drop a cheque in different bank….lets see what happens. As per banking rules they can’t deny but if they do you will get much more money than 3L. BTW which bank is this

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[Mightyshravan1051]

M

Mightyshravan1051
OP
March 22, 2025 at 2:22 am

osmanabad district central co-operative bank

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[Silentthinker8633]

S

Silentthinker8633
PARTICIPANT
March 22, 2025 at 4:00 am

This. Banks, whatever they are and whoever they are, cannot deny this. 

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[Vikasbro611]

V

Vikasbro611
PARTICIPANT
March 22, 2025 at 3:39 am

Transfer money to a reputed bank via cheque/ NetBanking. Withdraw from that bank.

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[Mightyshravan1051]

M

Mightyshravan1051
OP
March 22, 2025 at 3:44 am

The bank do not have facilitiy of net banking will try to get checkbook and transfer the amount.

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[Swiftjagdish9808]

S

Swiftjagdish9808
PARTICIPANT
March 22, 2025 at 4:23 am

It’s a co-operative bank that’s why it’s in such a condition. The bank probably has a liquidity crunch.

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[Silentbear4545]

S

Silentbear4545
PARTICIPANT
March 22, 2025 at 6:56 am

Can u explain

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[Swiftjagdish9808]

S

Swiftjagdish9808
PARTICIPANT
March 22, 2025 at 7:00 am

Co-operative banks till recently did not get the same amount of oversight by the RBI as the regular Scheduled Commercial Banks. This allowed for a ton of corruption in them leading to what is essentially bank runs.

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[Calmshilpa7298]

C

Calmshilpa7298
PARTICIPANT
March 22, 2025 at 8:36 am

Bhai 3 lakh ka kya liquidity crunch

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[Desivarun2486]

D

Desivarun2486
PARTICIPANT
March 22, 2025 at 9:13 am

Means bank is in fuqed state!!

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[Primevaishnavi8795]

P

Primevaishnavi8795
PARTICIPANT
March 22, 2025 at 5:17 am

Write a check to a relative. They have to honour the check.

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[Coolknight3217]

C

Coolknight3217
PARTICIPANT
March 22, 2025 at 5:38 am

Abe itne saalo se cooperative banks ke scam aur chutiyap khul k saamne aarha h fir bhi logo ko kyo in banks mei account kholna h meri samjh se bahar h

Ab to har kone mei gali gali m proper scheduled bank hai fir bhi

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[Mightyshravan1051]

M

Mightyshravan1051
OP
March 22, 2025 at 8:38 am

My parents were not aware of this that time

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[Coolknight3217]

C

Coolknight3217
PARTICIPANT
March 22, 2025 at 10:17 am

Fair enough!

Get ur money out by any means and run in the opposite direction as fast as u can

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[Alphakritika6663]

A

Alphakritika6663
PARTICIPANT
March 22, 2025 at 5:50 am

Deposit a cheque in other bank to transfer money to your other account. Let that cheque bounce and file FIR against bank. Also contact Bank Ombudsman.

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[Coolguru8193]

C

Coolguru8193
PARTICIPANT
March 22, 2025 at 6:24 am

There is an RBI helpline. It claims to resolve matter or have the bank officials contact you regarding the complaint in 48 hrs. All banks in India operates under RBI Guidelines.

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[Mightyshravan1051]

M

Mightyshravan1051
OP
March 22, 2025 at 8:37 am

Okay will check this out too!🙏🙌

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[Rapideagle1118]

R

Rapideagle1118
PARTICIPANT
March 22, 2025 at 6:31 am

if your account is non operative for more than 10 years , then in this case your dad’s money may be Transfered to the DEAF (Depositor education and awareness fund) of RBI . But , however you can claim the money from your bank by submitting the required documents.
ps – i am a Banker

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[Mightyshravan1051]

M

Mightyshravan1051
OP
March 22, 2025 at 8:36 am

Thank you for the information 🙏 will be going to that bank within a week

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[Wisesimran3012]

W

Wisesimran3012
PARTICIPANT
March 22, 2025 at 11:16 am

That acronym is hilarious

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[Yashpaldude184]

Y

Yashpaldude184
PARTICIPANT
March 22, 2025 at 2:05 pm

It should have been GONE – Governance of Non-use Emoulment

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[Smartguru2317]

S

Smartguru2317
PARTICIPANT
March 22, 2025 at 7:09 am

File a complaint to co operative ombudsman.
Contact joint registrar/ Registrar of co operative society.

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[Mightyshravan1051]

M

Mightyshravan1051
OP
March 22, 2025 at 8:37 am

Okay will do it🙌🙏

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[Sushanthero697]

S

Sushanthero697
PARTICIPANT
March 22, 2025 at 8:18 am

https://indiankanoon.org/doc/117331460/

This case might be helpful for you

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[Mightyshravan1051]

M

Mightyshravan1051
OP
March 22, 2025 at 8:37 am

Thank you very much 🙏

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[Mightyshravan1051]

M

Mightyshravan1051
OP
March 22, 2025 at 8:41 am

Much helpful🙏🙏🙏🙏🙏🙏🙏

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[Primebear919]

P

Primebear919
PARTICIPANT
March 22, 2025 at 8:47 am

hey any update?

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[Mightyshravan1051]

M

Mightyshravan1051
OP
March 22, 2025 at 9:06 am

No not yet actually that bank is 300 kms from our current home its in our hometown im planning to go there within 6-7 days

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[User_f24d4e2d]

U

User_f24d4e2d
PARTICIPANT
March 22, 2025 at 8:48 am

Yha chutiyaap hai! Ab bank mein bhi na rkhe paisa

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[Paridhieagle755]

P

Paridhieagle755
PARTICIPANT
March 22, 2025 at 11:05 am

Checkout if there’s any order from the Govt regarding any restrictions in withdrawal of deposits by bank customers due to any scam or loss in the bank. In that case you have to act accordingly.

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[Cleverjaya6191]

C

Cleverjaya6191
PARTICIPANT
March 22, 2025 at 1:29 pm

Simplest way is write a letter to manager with proper date and time . Wait one week.
Write a mail to bank explaining all the events chronologically.
Wait one week.
Write the same email again this time include rbi in the cc.
Resend emails twice a day.
This is an extremely useful way to deal with banks . Works all the time.

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