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PostHeaderIcon A visit to a PSU Bank : A reality check on the real India!

Yeah, the title of the post sounds like a school child’s composition topic

But really, there is no better way to describe the roughly 1 hour that I spent at the Syndicate Bank yesterday.

Nowadays many of us have started banking with private banks like HDFC Bank, ICICI Bank and others. Also we are accustomed to Net Banking and do not need to walk in to the bank as much. I also have the privilege of help, so for routine matters, I am able to send a person who takes care of depositing cheques etc. So visits to the bank are rare. And when these happen, these are at plushly decorated private banks, with smart tellers and loads of credit-card and loans-selling salesmen hovering around you.

So the visit to Syndicate Bank yesterday was a different experience altogether.

I do not bank with them, but had some money to collect, against a bearer cheque issued to me, for some old dues. Rather than send someone, I decided to stop by on the way to work, and do the honours myself!

So here’s the scene first.

Unlike my HDFC Bank, I do not see any systematic queues or structure here. There are many tellers sitting behind glass covers, but people are generally hovering around counters, as they please. Obviously the regulars are more familiar. There are complete walls filled with elaborate explanations about banking matters. From who can open a current account, to the requirements for FDs, and including their email address of the ancient form that I had first seen in 1997, i.e. xeebom.mail.com.. or something long and drawn out, like that. Yes, the large walls serve as notice boards. Except that the instructions are mostly in English (and which is not what their target group will read, as I discover in some time) and the fact that most of those are painted, and so I wonder how often do they change these, considering the fact that bank facts change all the time!

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Where do we get the new Discover credit card with the RFID chip embedded in it?

I am trying to get the new Discover credit card with the RFID chip in it so I can use it contactless card readers. Discover calls the feature "Zip"and it is similar to MasterCard's "PayPass" and "ExpressPay" from American Express. However, when I called and spoke to Discover customer service, they were clueless (bunch of morons if you ask me). Anyone know where I can get this card?


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