+ Submit Your Complaint
Results 1 to 3 of 3

Not returning the security cheque

This is a discussion on Not returning the security cheque within the Credit Card forums, part of the Loan category; Hi This month on 13-12-2010, I issued a cheque towards ICICI bank credit card 5176539003314006 amt. of Rs. 46139 saying ...

  1. #1
    alexeialeesh is offline Junior Member
    Join Date
    Dec 2010
    Posts
    2

    Default Not returning the security cheque

    Hi
    This month on 13-12-2010, I issued a cheque towards ICICI bank credit card 5176539003314006 amt. of Rs. 46139 saying it as a security cheque for my payent towards my credit card. I paid an amount of Rs 30000 in cash for which i got a reciept from the bank representative. the reciept is valid. I called up the executive whom i was dealing, and told him that remaining amount i could pay next month, and fixed date was communicated. After much request the bank is still saying they need the money by this month. the executive is saying that he will remove this case from him and this will go to another guy who will add another 12000 to it which could be legal fees. He has also told me that the other guy will put the cheque in the account. i have already paid 30000 should i do a stop payment and pay it on 5th of next month plz advice on this. it is really hard for me to pay the remaining amount by this month. He had promised he will return the cheque as soon as pay the cash. he has not returned the cheque yet.

    I would request your advice on my predicament.
    Aleesh

  2. #2
    brian nathaniel soans is offline Senior Member
    Join Date
    Nov 2010
    Posts
    362

    Default

    Dear Alex,
    It is sad that such harrassment has taken place. The same can be officially handled legally thru banking laws.
    No one nor a bank can misuse cheques given for payment dues.It si a security cheque which cannot be bounced - under recent laws of bombay high court.
    If you need legal assistance please contact us at : allied law inc, india at 09245201687

  3. #3
    ICICI Bank Care is offline Senior Member
    Join Date
    Sep 2009
    Posts
    1,279

    Default

    Hi,

    We are sorry for the inconvenience. We have noted your card details, we'll get back to you.

    Regards,
    ICICI Bank Customer Service Team.

+ Submit Your Complaint

Similar Threads

  1. can bank keep a blank cheque as security
    By Rajesh_s in forum Loan
    Replies: 8
    Last Post: 11-26-2011, 08:55 PM
  2. pg owner not returning my security money
    By anurags9810 in forum Product And Services
    Replies: 1
    Last Post: 09-16-2011, 08:10 PM

Tags for this Thread

Posting Permissions

  • You may post new threads
  • You may post replies
  • You may not post attachments
  • You may not edit your posts
  •