I would be very apt if ICICI Bank renames itself as ICICI Bank. They are thugs. I wish to narrate my own experience so that it could be beneficial to others who have not yet fallen to their trap. Some 2 years back I was approached by a marketing executive of this Bank to open a savings bank account with them. To my bad luck I agreed and the account was opened. Since they service was horrible I returned back the unused cheques and debit card to their branch with a request to close the account. All these days I was under the impression that the account has been closed. But to my horror recently about one month back they have sent a statement that I owe them about Rs. 8,950/- on account of non maintenance of minimum balance and the account is still active. When I contacted their Customer Service (!)they sent an e-mail that they are helpless and I should contact the branch where the account was opened. As a follow up I sent a letter to their Vijay Nagar Branch, Bangalore -560 040 questioning them on what ground they have kept the account active. But till date I am yet to receive a reply from them.
So friends please be extra careful while dealing with this Maha Swindler Bank
RE:Swindler Bank
by mandook on Apr 27, 2008 01:39 PM Permalink
I sympathise withRavi. There are hundreds of Ravis who have had horrifying experience with this bank. I wonder why Ravi should not move the Banking Ombudsman in Bangalore and file a petition asking the Bank not to recover the amount from him and seek damages for Ravi's loss of sleep over the bank's unjustified demands. I also wonder why RBI is very soft with ICICI and HDFC Banks ; is it because that RBI lacks the will to proceed against these "powerful" banks who have got their connections with the bureaucrats and politicians in Delhi?
RE:RE:Swindler Bank
by Tabassum Javed on Apr 27, 2008 02:11 PM Permalink
Not to add to the woe that I am still paying with ICICI BAnk an interest of 11.5% on myu home loan when the interest rates have come down to 10% by other Banks Axis Bank). Even ICICI Bank is charging 10.25 / 10.5% from its new customers.
I hope RBI does take this unfair act of ICICI Bank also in cognizance.
RE:Swindler Bank
by Anshuman Srivastava on Apr 29, 2008 10:19 AM Permalink
Mine was 12% few days back but I transferred my home loan to HDFC bank at 10.25%. So folks, please move away from ICICI bank.
