I had a ICICI Credit card I was not aware of Autodebit in the year 2003 I had purchased only 100 Rs of petrol of which they have taken the money from me now due to autodebit they have put up to Rs. 15000 is their any means that the Card can be canceled please suggest.
RE:srikant
by the unique on Jan 27, 2007 08:40 PM Permalink
Autodebit means,taking min pay amount automatically from ur saving account.Please check how 100 gone to 15,000.Ask for one time settlement.Usually they give upto 60-70 % in strange cases.
Dear sir I taken p.l.lone in 26/06/03,that EMI is 2414-00for 48 mont,i pay 17 emi and preclosed 03/12/04.the bank people come to my home tarcharing to me.Then what can i do?.please tell me suagisation
RE:credit card
by Anand C on Jan 25, 2007 06:22 PM Permalink
Option would be take a balance transfer/loan and pay in lumpsum and pay back for the loan or BT in EMIs. else if you want to close the card then you have to contact Collection department and arrange for a payment as settlement in instalments (Ensure to collect a written proof of everthing in that case, as lot of 3rd party agents are involved in collections)
RE:credit card
by mohammed sheikh on Jan 29, 2007 03:34 PM Permalink
you can approach the court asking for the installments, stating that you are not in a position to settle the amount at one strech. The advantage is that the bank will not be able to charge you the interest after that.
RE:credit card
by Dishant Doshi on Jan 25, 2007 05:25 PM Permalink
In that case Bank will continue to charge you interest try to speak with the bank that this is my condition they may waiveof some of your your bill amount.
