What is investment intermedia w.r.t. sbi loan account?



Respected Sir/Madam,

We have availed loan & associated loan insurance from SBI. We pay the EMI thru ECS. As the EMI is paid (towards loan and insurance) the amount is credited to the Loan Account. Every fixed interval SBI debits certain premium amount from the loan account.

This year also they have debited the specified amount, however we are surprised by the transaction details and the SMS.

The SMS says ‘Loan of Rs 10000 disbursed from Loan A/C xxxx and credit to xxxx as requested’

The actual transaction narration is ‘DEBIT TRANSFER - TRANSFER TO xxxx INVESTMENT INTERMEDIA-

We are wondering what party is this Investment Intermedia. There's an account number mentioned in the details

We contacted SBI home branch but they are totally clueless. They are just verbally saying that this is your premium amount but they can not affirmatively state that this has gone to SBI.

My question is does anyone have any idea if such transaction is legimate? Who can be this party by the name Investment Intermedia and how can bank has no idea about it?

Could this be a fraud transaction?

Thank you.

 
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I contacted the branch manager with the same query , now this is for insurance i think is what he told me an yearly amount is debited from my loan account which is a different loan account than the original one as well i am not able to close it i have to pay interest at an very inflated rate , when i took the insurance there was a certain amount which i paid for , i had no idea that it will be an yearly process i will go and talk to my branch manager once more to resolve this
 
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For debit of 918.00 Rs.
for debit of 918.00 Rs.
Respected sir
I have account in Sbi. AC no:- [protected]
MY MOBILE NO.:- 8866673880
PLS TELL ME WHY 918.00 Rs. HAVE BEEN DEBITED TWO TIMES IN MY AC IN INVESTMENT INTERMEDI 

KINDLY REFUND THE MONEY.and block it immediately 

Please call/reply me regarding this, i have no idea who has been stealing money from my account 918.00 Rs. twice in a month saying investment intermedi. I think this is happening for all SBI customer. please refund at earliest.
Block investment intermedi

WITH REGARD
RIzwan M Shaikh
Email : rizzoultion @ gmail.com



Attached File : 2788361 20190505124256 cbssbi debit amount.jpg downloaded 279 times
 
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https://www.caclubindia.com/
 
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