Sir,
i m rahul. i have taken a ICICI credit card 4-5 years back & every thing was going good. i used card many time & made full payment also , so as ICICI bank issued me 2 other cards with more limits.

Now at this time things are drastic for me & i have lost everything in business. I have dues on ICICI credit card also & i m very much unable to pay anything this time.

This whole thing happen in last 2 years & i used icici card & started paying minimum amount or little more than that as per fund available with me.

In jan 2010 when i didnt paid my due for 3 month & i found that i m paying only interest & big fee charged by icici , nothing more . i made contact with bank to get a solution & then asked me to convert my amount into 0% monthly installments. Amount due including all interest & fee was 146000/- that time & i agree to pay installments of around Rs.10500 every month to finish it off.

i paid 3 installments in a time period of 6 months & missed 3 somehow. then a recovery agent came to me & asked for the dues on my icici card which was a sum of Rs 156700/-.

i was like dead that time & then i made contact with all bank managers & contact person regarding this & they said interest will be 0% only if u wont miss any on installment.

Now i have paid more than 30000/- for a an outstanding of 146000 & still more than 158000 bank is asking.

In jan 2011 i got payments & so as i tried to close this matter with bank. I asked then to finish it with a sum of Rs.40000/- which was available with me but they refused & asked for at least 125000/- for settlement.

Now again 1 agent is following me like anything when i m in full tension for my future. i asked him not to follow me as i dont have a single paisa in my a/c now. They are asking for some legal action called RRC which is done from collector by a SDM & saying that your & ur family property will be sold for bank collection.

sir i stay in a rented house & if anything like that happen i might do suicide. today is the deadline given by them.

Kindly suggest what to do ? they r trying to play with my family reputation for their collection. i m totally lost .
Help



rahul
Indore