COMMENTS NO: YEAR/2015/1049

"A CUSTOMER OF ALLAHABAD BANK:'Indian Government is giving us the subsidy amount in our Bank Accounts, but, that amount is of no use at all. Instead we could have bought the Gas Cylinders from LPG Distributors at subsidized price only by cash.' AN OFFICER OF ALLAHABAD BANK:'Savings Account Linkage with Aadhaar Card and LPG Distributor Websites has reduced the Black Marketing in the arena of LPG Cylinders Market. Moreover, you can utilize the gross yearly subsidized amount to get around 50% of one subsidy amount. Say, you are getting Rs. 200/- as subsidy every month. Open a RD Account of Rs. 200/- for 1 Year @ 8.25%. After 1 year, you will get around Rs.109/- as RD interest which is almost equivalent to 50% of a single subsidy amount. We will implement the S.I. system to transfer Rs. 200/- from your SB A/c to RD A/c once in every month automatically. So, instead of criticizing our Modi Government, just open a RD Account immediately.'"-Arindam Sain