[Resolved]  ICICI Bank — Demat charges without A/C holders consent

Address:ICICI Bank india

I have an ICICI salary account and I could see that there was a deduction of Rs.826 from my savings account on 27th April. I tried to recollect my transactions but there were no expenses matching this amount. Then after googling I came to know that it was charged for my demat account that I opened last year. This seems to be totally unethical and unfair as I was told that there will not be any charges whatsoever when I opened it.
If there are any changes in the policies, I should have been intimated and there was no communication of that sort from ICICI. I tried to get in touch with the agent who helped me in opening my demat account but it seems like she left job. I never expected this kind of behaviour as I believed that my demat account will be a separate entity and there will not be any deduction from savings account without my consent.
Though I might have signed a few documents as account opening formalities, I never thought ICICI would take my hard earned money from my savings account without my consent. This really shattered my trust in ICICI and so I am thinking of closing savings, NPS, demat and other accounts if ICICI is going to justify this deduction using documents from opening formalities.
So, I request concerned personnel to take this as high priority and revert those charges as soon as possible.
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Aug 16, 2021
Complaint marked as Resolved 
ICICI Bank customer support has been notified about the posted complaint.
Verified Support
May 02, 2021
ICICI Bank Customer Care's response
Dear Customer,

We regret the inconvenience caused. We request you to email us your concern with your contact details on [protected]@icicibank.com. Please mention the UID (109466) in the subject line of your email. Our official will assist you.

Regards,
ICICI Bank Customer Service Team   
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