I am using a savings account of Allahabad Bank. Though, there is nothing positive with this savings account, but I have to stick with it because my salary got transferred in this account and my application to change the account details is yet to be processed.
The worst thing that I am encountering with this bank is their inability to complete the demand of customers. The no. of ATM kiosks of this bank is quite low and it makes lots of problem. Low ATM numbers lead to giving charge to another bank as I have noticed sometime. Currently, I can use other Bank’s ATMs for five times in a month, but since Allahabad Bank ATM is hard to find, I invariable use it more than that and consequently have to pay some money to them.
Then, another thing that I find simply annoying about this bank is their low or somewhat no support for internet banking. Though, they claim to be an internet friendly bank, but I know how friendly they are. Lots of time, their server used to be down and most importantly lots of time the account details of internet bank is behind the actual details. Then, transferring money through internet banking is a cumbersome task with this account.
With this account they gave me a life insurance. Without seeing the details I thought it to be a great offer came to me free of cost. But, seeing it in details, one is destined to be surprised that it is only a life insurance where the bank has deposited one time premium of lowest possible amount. In fact, the monthly hidden charge of this account is more than what they have paid as a premium in one year.