Location/place: Mumbai, Bhandup

Name of company/service: Mumbai Shala of Banking and Insurence (MSBI)

Dear Sir/ Mam,

We are students of MSBI. 4 months before we take admission in this institute. Marketing Executive of MSBI Mrs. Bhonsle made us wrong commitments. MSBI is basically Banking training institute in Bhandup, Mumbai and they commit after finish this training, we will give jobs in private Banks. So we pay them Rs. 25,000 as course fee and they told us, other 20,000 every students wants to pay after getting job. They given receipt of payments, but on that receipt not mention the name of Institute and not also official stamp of institute. This is 45 days Banking operation training program. But now already 4 months complete to join MSBI. But still that people not given us jobs. And head people of institute not shown their faces after Diwali. Plus we given them PDC of Rs. 20,000 as placement fee. Before join MSBI, Marketing Executive told, the selection of students for this program done by Bank staff. But after sometime we realize that so called Bank staff, is also the Marketing Executive of MSBI. They promise us we have tie-up with 11 banks, but actually not and between course every students will get training in Bank, but all that commitments are wrong. Please don’t go in MSBI, Bhandup. These people are fraud and make wrong promises. Don’t waste your future. We are still jobless. Because of fear of MSBI staff we hide our names. But this is real. Please take legal action against this institute.

The address of this fraud Institute is

L-43, Dreams Mall, L.B.S. Road, Near Bhandup Station, Bhandup (West), Mumbai
Contact No. 022-65347223


Comments

3 responses to “Frauds with Us”

  1. Dear Reader, it gives me immense pain to write this as a comment to whatever was posted few days back about MSBI. The write up by the anonymous writer seems to hold no truth in it. I myself have been a part of the MSBI training and I found it to be very ethical and quality oriented. The quality of training is very good and supports all its learners to get the best knowledge about banks. Beside this, they also give equal opportunities to all so that they can go through the interview process scheduled in private banks. I am now placed in a very reputed bank and really thank the entire team of MSBI to help me get such a good opportunity. Lastly, I would suggest not to believe the post written against MSBI.

  2. MSBI Student Avatar
    MSBI Student

    Clarification about MSBI by Anuksha, is totally wrong and one sided. This Anuksha, working for MSBI and doing same course with us. Anuksha, not working any bank, she sitting and doing admin work in MSBI, Bhandup branch only. She is written complaint is anonymous, But we are student of MSBI, Because of fear of MSBI people we hide our name.
    We would like to ask some questions to Anuksha :-
    1)If MSBI is genuine institute, so why not mention the name of MSBI on the payment receipt ? Where is official stamp of MSBI ?
    2)Why MSBI not give certificate after complete Finstart Program ?
    3)How many students of first batch and our batch get job ?
    4) On our payment receipt, this Anuksha signed behalf of other responsible people of MSBI.
    5) This MSBI take Rs. 45,000 from Every student upon the name of Bank job, so why you hide your name on payment receipt ? Why only mention address mention on it ? These kind of Sundaram note-book payment receipts easily get in the market.
    Here we request Smart puppet of MSBI, Ms. Anuksha, Answer our above queries.
    Anuksha, saying she got good job, because of MSBI……….Big joke. This MSBI haven’t any kind of tie-up with any private bank. at admission time these MSBI people said, we only give job in operation. But now why MSBI giving sales jobs and back-office jobs ?
    This Fraud MSBI people give the ad in local news-paper by saying Interview is going on in Private Banks, after read this ad in news-paper, needy students call to MSBI, with the hope of good Bank job. These fraud people take advantage of students like us.
    Mrs. Bhonsale, who is the Marketing Manager of MSBI branch, Dombivali told us to come at our Dombivali center. We arrange interviews and people of bank came here to recruit you. Do you see any bank recruit their candidate out-side the Bank ? But everything is possible at MSBI. Mrs. Bhonsale arrange farce of Written test for Bank job. Once candidate pass in that fraud test, Mrs. Bhonsale send that candidate to Santosh Joshi. He is actual Marketing Manager of MSBI, But Mrs. Bhonsale, introduced him as Staff of Bank. He conduct personal interview. Once student cleared round of personal interview, This Santosh Bhosle and Mrs. Bhonsale asked for money. Rs.25,000 as Banking operation training fee and Rs. 20000, they told to give HR of bank to give job our students. MSBI conduct 45 days Banking training program where students will will trained under experience bankers. Mrs. Bhonsale told intimidate on 46th day we will give you offer-latter of Bank. And after this no need to give any interview in the Bank. If no need to give any interview in Bank after complete Finstart program, so why you not give us offer-later ? Why you sending us for interview ? Anuksha, do you have answer ?
    As well as Mrs. Bhonsale told our parents, we have tie-up with 11 private banks and insurance companies. We give only operation jobs in bank, and not Back office and sales jobs. Even Mrs. Bhonsale signed one declaration from us. In that declaration one point was like this :- You Can’t take any legal action against us.
    Why this point ? That means MSBI is fraud, and they afraid to action of police.

    Today 3 months completed to join MSBI, but we and first batch of MSBI is jobless. MSBI fell to full-fill promises. Neither any practical training conduct in bank nor MSBI haven’t any tie-up with any banks. Head people of MSBI talking with us sweetly and make fool. Mrs. Bhonsale call us only at time of fees payment. Otherwise she haven’t any care about students. She wants only money. Now MSBI saying You need to pay PDC of 20,000. First they told us, after getting placed, you need to pay Rs. 20,000, in declaration also write this. But they are not ready to trust on us. But reality is we haven’t any trust on these fraud people. Santosh Joshi (Fraud Bank staff) saying, if you not give PDC, we will not give you placement, at admission time This Santosh Joshi told us, after clearing interview at admission time, you no need to give interview in Bank, After complete training you start to work in Bank. but now reality start to come out.

    MSBI send us for interviews but before we reach to interview venue, immediate that day interview cancelled, because of silly reason, sometime HR in meeting or sometime HR went for Diwali holidays. And some places, Especially in Kotak Mahindra Bank, there no one knows what is MSBI. These MSBI people send us without any information, is there interview is going on or not and after reach interview venue, that bank staff insulted us. Now we realize, MSBI is Fraud Institute, we waste our time, our money behind running these fraud people.

    Now we have evidence, MSBI is illegal and not registered by legal authority. We can prove it.

    If Anuksha have guts to talk about reality, we eagerly waiting for her answer. Now all Fraud of MSBI, ready to go in Jail.

  3. MSBI Students Avatar
    MSBI Students

    We got mail from ING Vysya Bank,Kotak Mahindra Bank, HDFC Bank, AVIVA, Karur Vysya Bank & Axis bank.
    In that mail, All above institutions wrote, We haven’t any kind of tie-ups and placement agreement with MSBI. These are all official mails, which we can produce it evidence against MSBI.

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