city bank recovery agents is calling me to clear 1195 dues. They insist the dues must be cleared.Is it a fair practice ?ABN amro sends the bill amount thru SMS the actual bill is not I am slapped with finance and late fee charges .I write to the IBa and RBI ,ABN AMRO redresses my grievance . Aitrel connection is not working .I go to NODAL officers and get my grivance redressed. Try cntacting any officer of ICICI bank on Telephone . I cn lay a bet that they will never come on line. The whole system is so ine sided that poor consumer does not know where to go and to do what.Similarly there are people who pay couple of installments and run away . A grievance redress mechanism ia s must .
RE:there is no redressal machanism
by Kovvali Muralidhar on Apr 27, 2008 08:36 PM Permalink
I fully agree.Law is ONESIDED and LOPSIDED in INDIA.Nobody gives you any reply.The bank to which you have applied for cc will not tell you the reason for rejecting your application.CIBIL ACTS AS A HOLY COW.IT SAYS IT WILL NOT GIVE YOU 'YOUR'credit information but will give to a lender only.It asks you to GO TO HELL ie ask the same cc company for reason for refusal.Meanwhile RBI make some noises and they are not heard nor acted on by these bloody banks.Why cant we have LEVEL PLAYING GROUND.WHY CANT WE GET OUR OWN CREDIT REPORT FROM CIBIL or from any others org?
RE:there is no redressal machanism
by ARTI CHITKARA on Apr 29, 2008 10:34 AM Permalink
i fully agree with you Citibank is the biggest chor they do not sent the cheks to the originating branch for clearence and assume that we will not check with our bank and tell us that the chek could not be credited due to date altercation. i took the chek to my bank which said that the chek was never presented. then they call up at odd hours to ask for the money. keep on calling till we relent and say achcha baba le jaao, at least we will not be troubled anymore HDFC says take a balance transfer at no extra cost and when yoy receive the chek from them, it is too late to pay the previous bill and when u call up to cancel, they ask for the processing fees chor to chor upar se chatur bhi
