[Resolved]  Standard Chartered Bank Credit Card — Huge charges put and threatening and moving to court by the bank without my information after 5 yrs.

Dear Sir,

With all humility, I would like to bring it to your kind notice that I had been mentally harassed and threatened by Mr. R.K. Bagga (Phone No - [protected]), Advocate, head legal cell, Standard Chartered India. Around 11.0 A.M. today I got a call from Mr Bagga that already a case has been filed and I have to appear in the court on monday.

I had a payment due of Rs.23,500 in 2004 which was missed because I had to leave Mumbai due to job change and was placed in a different company which was at a remote area in Orissa. No information or contact was there by the bank either. I had this credit card from 1995 till 2004 and not a single default was there at that time. This was one of the first lot of credit cards given when Standard Chartered bank was launched in Bangalore. I had renewed the card and used upto 2004. Suddenly today, I was told that within 1 hr. I have to make a payment of Rs. 1 lakh 10,000 Rupees as outside the court settlement, or else I have to appear in the court.

I had taken aback as I did not had any idea about it. Suddenly after 5 years how can this situation be there.Why I was not told within these years. If today they are having my no. tracked down (told by the advocate as if I'm a terrorist) then why not 5 years back. The address was of my own flat in Navi Mumbai. If the bank person would have contacted my tenant he would have given this phone no. Why the bank waited for such a long time. The lawyer says that notice have been given and received also, but niether me nor my wife have received any notice or nor we are aware of this type of receipt. On the address mentioned by the lawyer, in his records, we stayed for 4 years in Surat and he says that the last notice was sent in June 2009 only when we have left that address in May 2009 and moved to the current address, which is in Surat only.

I am working in a reputed company at a resposible post. If this case would have been brought to my notice at any moment, I would have cleared the things then and there. It is the responsibility of the Recovery/claims deptt. to get in touch for follow up as well and get the things settled. At the same time I had missed ICICI bank credit card payment, but after 2 years, the bank people contacted me after getting my Phone No from my tenant in Navi Mumbai and the issue was sorted out amicably as I didn't have any intension to not paying the amount. The way the case has been handled by Standard Chartered bank has put me on tenterhooks as being an old user of the services from 1995 without any problem, how suddenly without talking to me or informing me, a case has been filed having complaints of Forgery, Fraud, Absconding etc... as told by Mr. Bagga. It is not an issue of money, it is clear cut defamation for me.

I tried to contact the customer care people but they are not giving me details of the principle amount, charges, interest etc. Only they have told is my 23,500/- expenditure has become 1,10,250/- which I have to pay within no time or else warrant will be issued against me.

The break up for the same has been given as 20,000 has become 45,000/- (more than double) and 3500 has become 65000/-(more than 24 times). How is it possible?

Puzzled by this, I have given a cheque to their Surat Branch. I'm ready to pay the genuine amount with normal interest charges.

Pls. help. Should I hold the cheque payment and wait for the re-settlement? Once the payment is done, I'm afraid that it will not be recovered.

Manoj Ojha