ICICI Bank cheats its customers like anything. Next in this order is CITIBANK. All these corporate banks will try to get more and more customers and then they will impose charges like anything. All these charges won't be mentioned at the initial time. I HAVE TAKEN PERSONAL LOANS FROM ICICI, IDBI AND ABN AMRO. PLEASE DO NOT TAKE ANY PERSONAL LOAN FROM ICICI BANK. THEY CHARGE 5% ON THE OUSTANDING PRINCIPLE, IF WE HAVE TO REPAY. NO PARTIAL REPAYMENTS ARE ALLOWED. BUT IN IDBI ITS 3% REPAYMENT CHARGES ONLY. IN ABN AMRO ITS 5% AND THEY ALLOW TO REPAY 25% OF OUSTANDING PRINCIPLE WITHOUT ANY CHARGES IN A CALANDER YEAR. SO SEE THE DIFFERENCE AMONG THESE THREE BANKS. RBI AND GOVT IS NOT AT ALL BOTHERED ABOUT SUCH THINGS. RBI SHOULD FRAME PROPER RULES THAT SHOULD BE FOLLOWED BY ALL THE BANKS. THEY CHEAT CUSTOMERS BY GIVING OFFERS. THESE BANKS ARE CHARGING UPTO 36% ON PERSONAL LOANS. ANY BANK CAN EARN MONEY BY CHEATING ITS CUSTOMERS. THATS WHAT ICICI AND CITI BANK ARE DOING.
