IOB Bank deducting Rs295 multiple times for Debit card after KYC

Name of Complainant Meenakshi
Date of ComplaintNovember 8, 2025
Name(s) of companies complained against
Category of complaint Banking
Permanent link of complaint Right click to copy link
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Text of Complaint by Meenakshi:

I got a message that my iob account requires KYC update. I went to the branch and did the needful. Post that 4 times , my money is deducted from account and getting msgs that Rs 295 deducted for debit card. balance reduced to Rs 12157 from Rs13242 ( 4 times). I enquired with the bank , all deductions are for debit card . No resolution provided. Once is ok but why others.

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