Hi
This is Harish,There was some arrears balance from me against my credit card,I
paid the EMi of 860 last month,and I was ready to pay this months EMI as
well,Actually this was been told to me by the Recovery Dept of ICICI of J B
nagar Andheri(e) branch by Mr Purrushottam.The person who took the first
installment from my home again he came on 3rd of sept to my house and was
demanding for 7 thousand rs from my wife.
Even then my salary account is been freezed which is not fair,now I can't
withdraw my salary from my saving account(001801513679),actually they are not
suppose to touch my salary account without pior notice.
,I complained about this to the same person Mr Purrushottam but he said that he
can't do any thing.
Please help me out and show me the proper way

Regards

Harish

icici is a very big cheater bank , so you go to the court urgently through any
good advocate , and take legal actin against him . there is no option , if when
you are going in court complaint than icici is came settalment , otherwise big
big cheater bank , very thirdclass bank , do not take any facility from icici ,
kotak , and private bank .
thnaks ,

Mr. harish,
Precaution is better than cure, we have to take this line every time in mind if
you have a credit card then you will not operate the saving account in the same
bank, if any ammount is pending they debited the saving account, in your case,
as a legally Admin is helpful for you but as per my personnel experiance, your
help can made by your collegue who has dealing with your company account with
your bank, you have a salary account without any information to the company they
have not to freeze your accounts, consult with your collegue.


thanks,

icici is a very big cheater bank , so
you go to the court urgently through any good advocate , and take legal actin
against him . there is no option , if when you are going in court complaint than
icici is came settalment , otherwise big big cheater bank , very thirdclass bank
, do not take any facility from icici , kotak , and private bank .
thnaks ,

There are two aspects to your query. One is about personal banking with ICICI
and the other is about Credit Cards.

Regarding the problem with Credit Cards, there are plenty of stories that we
have also handled and come across. Unfortuantely, in Karnataka the Consumer
Forums are just not adept to the kind of fraud and misuse of Power by the Card
issuing banks. We have bitter experience in this regard but we are still
fighting.

These frauds or a pattern and are not isolated and unknown to the Banks. Please
read Reader's Digest cover story that appeared recently. If members demand then
we can even post them here.

The only saving grace is that Reserve Bank of India is seized of the matter and
attempting to do something in this area after a long time. A committee within
the Bank with a representative of Consumer Organisation went into the entire
problem and also issued a draft polciy and elicited the opinion of Citizens. One
month time was given and it is now over. However, it is suggested that all those
who wish to comment by personal experience should post them continously so that
the policy takes care of all such anomolies in the future.

The paradox is that the Chaimran of ICICI Bank went Public welcoming such a
step! Anyway the best thing for all of us to do is not to react individually and
attract action for crimes and complicate the issue. We must join together in
this forum and bombard the bank in support of our members through emails. Then
possibly they will sit up for protecting the image.

Another way is for one of us to publish a petition each time on ipetition.com
and direct the mail to the concerned senior executive of the bank and make
Public comments. This will have aalutory effect and unitedly we can combat the
issue until RBI completes its formality.

Regarding Personal banking and the bank trying to "protect" only its interest,
this is grossly illegal and can be challenged. This can be easily taken up with
the jurisdictional Banking Ombudsman as it is a Banker-Customer relationship and
within the scheme prescribed for such interventions. Infact we can even claim
damages and it will be accommodated.

Friends,
India still is not ready for Credit Card transactions. Laws are not
strong,enforcement non existent, and banks and borrowers reflecting each
other in their attitude and behaviour, It is best if possible to keep the
personal economics simple,stupid and simply stupid ,and leave within our
means and responsibly without putting bank's money at risk and without
subjecting ourselves with all these unwarranted and self created hastles.
It is worth every effort and cautuin to forsee these,anticipate and prevent
these instead of fighting them after getting screwed up!

Dear all,

Mr.Mehta has put the whole thing in a nut shell. We, in India, are not yet
ready to have indiscriminate distribution of credit cards and loans.

Unfortunately the Banks and Financial Insitutions lure the youngsters with
credit cards, loans etc. Credit worthiness and credibility are not even
looked into.

They only want a colateral for giving loans and the trouble starts when the
people lose the means to give back the instalments. Since cars, apartments,
house-hold items etc
are hypothecated for the purpose of loans, once the incumbent loses the
means for paying back the instalments or ignores to honour the commitment in
time, the trouble starts.

I do not think anywhere else in the world there is such indiscriminate use
of thugs and harassment for recovery of loans and instalments. And these
agents are very nasty people. This is a matter the Government will have to
seriously look into.

I would give you an episode as an example. One of my sons who was just 24-25
had taken a mobile on instalment through GE Countrywide. He had also
account of drawiing facilities with the Citi Bank - both under the guidance
of his employers. Unfortunately he met with an car accident and died two
years back along with his counsin - a victim of the road rage.

I was not aware of my son's transactions till such time I started getting
threatening calls from GE Countrywide and Citi Bank. I contacted his
employers to find out what happended and I was told that they only
recommended him for the purpose - a normal practice for them - and theses
Companies should have contacted the employer instead of the grieving
parents. I told it was okay and I would handle it.

I contacted over phone one of the Senior VPs of Citi Bank and the President
of GR Countrywide, introduced myself detailing my international exposure
Countrywide. I told them that if once again I get any calls from any of
their intermediaries - with whom my son did not have any transaction - I
would put them to shame and directly contact their HO/Principals in the
States. I asked them to send their authorised representatives to my house
and receive the cheques based on proper accounting practice and avoid any
unethical business practice.


From that day there were no calls from either of the Institutions . I sent a
lot calls to them asking them to send consolidated bills to me for payment.
After a lot of persuasions from me, they finally sent their Managers and
collected the cheque. But they refused to take any extra payment from the
date of his expiry.

The purpose of narrating the above story is to impress on the youngsters to
live within their means and be happy.
The life has a long stretch of time for enjoyment and let it not be at the
cost of day in and day out pin-pricks.

I also request the affected, if they are clear and committed, to write
direct to the Reserve Bank about their overstepping of the Banks/financial
institutions beyond the Rules and Regulations. The Group, as a well-wisher,
also may approach the Reserve Bank listing the irregularities going on and
this may lead to RBI issuing some guidelines and strictures to the
Banks.financial institutions.

Regards,

Dear Admin, This is Ravi Kumar Kashyap, i am having an ICICI Bank Credit Card which
has a limit around 34000.Few days ago(mid of march) i got a call from an ICICI
Prudential Life Insurance Executive regarding the new policy in ICICI Pru Life
Insurance, he has asked me to open a new policy whose EMI will be deducted from my
credit card and something like that. At that time i asked him to send me some more
details so that i can understand about the policy the more, regarding the
confirmation he said once i will get the document and if i am interested and if i
revert back to the address given on the document ,then my policy will get
activated.This is conversation between me and the Executive. After that no phone
calls no messages, nothing happen but when i see the satement of my credit Card for
the April month, there is the transaction of 790 rs which will be for the ICICI
Prudential Life Insurance. when call the Customer Care of Credit Card department
they told me that this ded
uction is for the the policy i have taken BUT SIR I HAVE NOT TAKEN ANY POLICY...
when i said the same thing to the Ecxecutive he replied that i need to talk to the
ICICI Prudential Life Insurance which i did and after talking to the ICICI
Prudential Executive i found that there is no policy against my name, He exceutive
asket that give me more details regarding your policy i have clearly said that i
dont knowabout any policy idont even know the policy type.After all the
conversation ICICI Prudential Life Insurance Executive asked me to contact the
branch. Sir i am just 23 yrs old, i am working in company as a System Developer, my
career has just got started, i dont have time to go to the branch and even i dont
know about the brances.I am working 6 days a week, and the opening hrs for the
branch is MonFri 9:00 AM to 5:30 PM and Sat 9:00 AM to 1:30 PM, now sir tell what
can i do, i didnt give any confirmation to open new policy and i dont have any info
about the Policy. i have
a good customer of ICICI Bank from the time i started earning. Idont know why they
are doing so, amount deducted from Credit Card for the policy which i dont have
and even i dont want to have. Kindly help me sir. Please Reply Name: Ravi Kumar
Kashyap DOB: 21/02/1986 Mo. No.: 9911374852 Address: L45, Sri Niwas Puri, New
Delhi 65Dear admin! Get Yourself a cool, short @in.com Email ID now!

Sir ,
i hold a outstanding of Rs 1.60 lac from icici bank but due to financial crisis i am unable to repay. i am asking a letter from bank about emi of 2k but bank officials are asking to pay without letter which i am not agree. They are harassing me, visit my residence late night 11pm or early morning 6 am. Talking bad words. Please help me out of this