Can the bank freeze the EOSB upon resignation?

Question

Q: I have resigned. My last salary was marked and has been put on hold by the bank due to a salary loan. can the bank call my employer regarding my end of service payment? A: the bank cannot contact the company to deposit the EOSB to account. Your company can deposit salary through another account…

Hari Wadhwana · Accepted Answer

Dear Sir/ Madam,

Thank you for reaching out to me on this.

I believe the bank put a hold on your salary since you must be having some unpaid debt or credit card outstandings with them.

Having said that, the bank cannot contact the company to deposit the EOSB to account.

Your company can deposit salary through another account or give a cheque.

Regards,

Hari Wadhwana

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