R.V.Ramachandran / demand for opening a large FD for giving a locker
I met the manager of the newly-opened Canara Bank on the Kaggadasapura Main Road (near SCT College), Bangalore and asked him if a locker is available and what I needed to do to get a locker. He said that I have to open a savings account for which I have no problem.But he mentioned that in addition to locker fees, I have to open a fixed deposit for Ra. 1 lac. I said that it would be difficult for me to open such a large fixed deposit but he maintained that such was the rule and I could not do anything. The demand of the bank is very unjustified in my opinion.