Hi,

I am Manjunatha from Bangalore, I have personal loan from Axis bank with loan a/c ppr000900316833.

for 5th DEC 2011 EMI Rs. 7273, I had provided HDFC cheque to citi bank to deposit amount from HDFC bank on 3.12.2011.

there was delay in cheque clearance from citi bank and hence Axis bank ESC of Rs.7273 got bounced. on the same day (5.12.2011)i tried to call Axis bank customer care number to inform them not to do ECS on 5th but to do it on 8th and none of the phone number was working. I had send mail to loans@axisbank.com regarding this.

my citi bank a/c was having enough fund on 7.12.2011 for axis bank to do ECS, but Axis bank didn't withdraw the money till 13.12.2011. on 13.12.2011 i got email from axis bank stating: "We wish to inform you that for your loan account EMI for Dec 2011 is bounced hence we request you to kindly visit nearest Asset Sales Center and submit fresh cheque along with bounce charges."

already Citi bank charged me Bounce charges even when cheque was paid to them well in advance for clearance. now do i need to pay bounce charges to Axis bank also?

kindly advice me do I need to pay bounce charges to Asix bank and citi bank or is there a way where i need not have to pay Axis bank bounce charges.

Note: Axis bank is forcing me to pay Dec EMI and also bounce cahrges.