I opened a salary account with HDFC Chennai branch along with hundreds of my friends in April 2011, because of HDFC sales executive who boasted saying HDFC is best and it gives best offers among all banks.(THIS IS BULLS as I came to know later!) They made me and my friends sign a account opening form on several places. When we received salary after 1 month, Rs 1000 was automatically deducted from all our account for something called HDFC insurance which we never applied!
We sent complaint to HDFC asking them to refund our 1000 Rs money. Each department says we are not responsible, call somebody else. After lot of time, they responded after several complaints saying that they will send it through cheque. We waited for several months but no cheque came to our address. A**holes they kept saying that they sent cheque whenever we called them later.
None of us received our money back and HDFC cheated us of our hard earned money from our first salary. SHAME ON THESE BARDS!
I switched to another bank because of this fraud behavior of HDFC. I kept maintaining money in HDFC even then. After 1 year of opening account, I had around Rs. 500 rupees in account. They took of all this saying annual charge, atm charge, etc., without informing me on mail/phone and closed my account a few days later.
THEY ALSO SPEND LOTS OF MONEY ON GETTING MEDIA COVERAGE praising them for being this fantastic bank, that fantastic bank. recent award by HDFC saying they are MOST TECH FRIENDLY BANK IS BULLS! Other banks like SBI, ICICI, etc, have several good tech features.
WORST COMPANY HDFC. CHEATED SO MANY PEOPLE OF THEIR HARD EARNED MONEY! HDFC people will suffer for cheating so many customer of their savings.