When I changed jobs a few months ago, tried to get my address changed on my bank account and other financial transactions. Was I in for a nightmare...
Imagine the following sequence of events...
I need residence proof to change my bank account address... Simple so far? No.
They don't accept house leases. So, I go to a gas agency and ask for a connection, where they accept a house lease as proof.
Now I go to HDFC Bank to get it changed. The address has changed; hurrah. Now to ICICI Bank. Changed. Very nice.
Now to Deutsche Bank. They accept a latest statement from another bank or a landline phone bill etc.
So I wait for a month, get new statements and then... change that.
Now for my demat account. I t's with HDFC Bank, so I'm off again (forgot the first time). Guess what? They don't accept a HDFC Bank Satement as residence proof. Do you get this the ridiculousness of the situation. HDFC Bank Demat account doesn't accept HDFC Bank account statements as residence proof.?!?!?
Is this over yet? oh no! not at all! Apparently my trading account with HDFC Securities requires me to make another trip to HDFC to get this done...
am I done yet? almost... There is the phone, credit cards (from two banks), insurance.
Fortunately, they accept address changes over the phone. Phew! Imagine the number of trees we are cutting down in the name of address proof...
Why isn't my word good enough? After all! It's my money!
Why am I ranting about this? well! my land lord wants to increase the rent by 90% (urk!) Where is Gurgaon headed to! Anyway, come January, I will be house hunting again...
and yes, I'll need to get my address changed again...
