I want to open a savings account in my local SBI branch, but they need me to be existing SBI customer. Someone told me I should open PPF account with them first and then open a savings account. Is it true that PPF account requires no introduction?
I think it depends on branch. When its new they don't need referral but it get old and busy they put this condition to beat the rush.
I am guessing this must be a very busy branch?
Guys in RBI website, its written that its not mandatory to ask for introducer anymore. But they're asking me anyway. When I called them yesterday, they said it's not mandatory. But in physical visit to branch they said its mandatory. lmao
Just go to the manager's room & ask him if he can help you, if he says cant - say, you are going to mail the RBI governor (cc'ing the manager even in postal letter) asking him to introduce you to the SBI branch manager as they are insisting on that.
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