[Resolved]  ICICI Bank — Grievance regd, flexi-cash a/c

Hi,

Sub:- Would like everybody to know never use Overdraft facility at ICICI bank

I had a salary a/c[protected] and a linked overdraft facility over it. I recvd a letter on 1st nov 2008 that i need to close this OD a/c by 15th .I had taken 78000 from that a/c.I deposited 38000 on that a/c and i planned to deposit rest amount from salary recvd on 1st dec.But a lien was put on my a/c the same day and rest 40, 000 was inaccessible to me. i assumed that had been deposited to my od a/c, but that is not the case.My savings a/c is liened and od a.c statement every month shows late fees and interest.When amount has been blocked in my savings a/c how can i deposit money in od a/c.Does the bank assume that if have to pay 40000 to bank then i need to have 80000 in my a/c. half of it will be liened and remaining will be used to close the a/c.I talked to customer care and went to gurgaon branch also.They keep telling me that other one will handle the issue.I sincerely feel this is ungenuine.This incident has given me immense mental stress.I will never ever again like to have any relationship with this bank.I am working as s/w engg at reliance industries ltd.I have told this incident to my HR and asking them to advise employees to open their salary a/c in some honest bank.