In a disheartening turn of events, Nishant Singh, a resident of Faridabad, Haryana, has lodged a serious complaint against SBM Bank, alleging that he has fallen victim to a financial scam orchestrated by the bank. Nishant Singh claims that he had invested his hard-earned money in a Fixed Deposit (FD) with SBM Bank and has been enduring an agonizing ordeal in his attempt to withdraw the FD amount.
According to the distressed consumer, he initiated the FD withdrawal process nearly two months ago. However, the bank has failed to address his concerns adequately and has provided him with misleading information for the past 45 days. This blatant disregard for the bank’s own issue-resolving policy, which stipulates a maximum 30-day resolution period, has resulted in Nishant’s issue remaining unresolved for 60 days and counting.
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In a shocking revelation, Nishant Singh has also accused SBM Bank of levying extra charges on him without any prior notification or explanation, compounding his financial distress. This alleged pattern of unscrupulous behavior has left Nishant Singh feeling scammed and unheard.
- At the heart of the matter is the prolonged delay in addressing Nishant’s genuine concerns, an issue that has shaken his trust in the banking system. The affected consumer is fervently seeking an impartial investigation into his case and a just resolution.
- SBM Bank, situated at Ground Floor, Atlanta Building, 209, Nariman Point, Mumbai 400021, is yet to issue an official statement regarding Nishant Singh’s complaint. This case underscores the pressing need for transparency, accountability, and swift resolution in the banking industry, and we will continue to follow this story as it unfolds.