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Cancel Authorized Dealer License Of Axis Bank

This petition had 66 supporters

Some days before, i transferred some money from my Axis bank account to Canada.Bank branch employees take approval of 40 paisa ( 0.40 rupee ) waiver per 1 CAD from their concerned authorities.Even after taking that approval,they charge me full rate of 50.21 per 1 CAD on 17th April,2017.Due to this, i had to bear loss in amount of thousands.

In the same day, i also transferred some money from ICICI bank,India to Canada.They charge me Rs.49.46 per 1 CAD.Even i do not have any bank account with this bank, they charge me cheaper rate than Axis Bank.You can see the difference between Axis and another private bank, Axis bank charge high rate as compared to other banks and do not fulfill their commitments.In this way,if you send 10000 CAD from Axis bank to Canada, you will have to pay Rs.7500 more as compared to other banks,in a single transaction.Axis bank is looting its own customers and community at large..

So i request to the Governor of RBI and Finance Ministry of India to cancel Authorized dealer license of Axis bank, so that they become unauthorized to send money to other countries and customer's money can be saved.  

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