Seriously it’s just not disappointing only but leads to questionable to Neo Bank, wheather Bank Exists or it’s just some virtual type of account ?
For example prepaid ATM Card , also supported at many merchant but if we compare with normal ATM Card , it’s nothing in the sense of realistic & trustworthiness.
Also RBI hasn’t said anything clearly till now .
More doubts are coming when -
Jupiter Debit Card isn’t itself a federal Bank ATM card.
We can’t able to register internet banking on Federal Bank as federal bank declined details.
Now I understand, why Neo Bank doens’t Provide PassBook .
We are also aware of it’s IFSC Code , which doesn’t support anywhere.
( Even I tried to withdraw money from Ludo App but showed IFSC Code is wrong)
We can’t visit branch , they won’t help us regarding anything for Neo Bank.
Yesterday I tried to Check Balance through CSP/AEPS ( Mank Mitra) , error displayed.
Is this a real Bank ? I’ve BharatPe Merchant App which also provide Virtual Account Number, IFSC Code , we transact too .
What is the difference?
I’ll add more references if it will be possible.