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RE:ICICI & HDFC BANKS are pathetic money suckers
by Sami on Jul 25, 2008 07:49 AM

I TOTALLY AGREE WITH YOU. I ALSO HAVE INVESTMENT IN ICICI PRUDENTIAL. I CAN SWITCH/DISTRIBUTE MY INVESTMENT BETWEEN VARIOUS RISK CATEGORIES. AS PER THE RULE IF ANY DAY I AM SWITCHING THE RISK CATEGORY BEFORE 3 PM, THE SWICTH WILL HAPPEN THAT DAY OTHERWISE ANOTHER DAY. ONCE I SWITCHED MY MONEY FROM MORE RISKY TO PROTECTED CATEGORY AT AROUND 11 am, ALTHOUGH I GOT THE CONFIRMATION AUTOMATIC MAIL, THEY DIDN'T SWITCHED MY MONEY BECAUSE MARKET WAS GOING DOWN.
THEY ACTUALLY SWITCHED MY MONEY AFTER 6 DAYS, WHEN I NOTICED, I CALLED THEM AND WROTE THEM MAIL. I SCREWED THEM AND TOLD THEM I AM LOOSING 7,000 Rs BECAUSE OF THIS, I THREATEND THEM IF THEY WILL NOT CORRECT THEIS I WILL REPORT TO POLICE AND ALSO TO RBI, THEN ONLY ICICI ACTUALLY RETURNED ME MY 7,000 Rs.

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