[Resolved]  ICICI Bank Ltd — Agst unnecessary document: 3 mths Bank statement required for foreclosure of loan

Loan Reference: LPVPI [protected]

I have taken above mentioned personal Loan from ICICI Bank which i want to foreclose. During meeting with ICICI Vapi branch, i was told to produce 3 mths bank statement from where the cheques were getting cleared. My objection is Why customer will submit its bank statement to ICICI for confirmation of cheque clearance. Our bank statement also consist lot of other transaction which we do not want to disclose to ICICI Bank. Moreover money from our account is getting credit in ICICI Bank account which must be confirmed BY ICICI Bank only. Just because ICICI do not want to put effort to confirm from own system, customers are being harassed by asking such statements. Even after paying substantial amount Rs.7712=00 as a Pre-closure charges I don’t want to spend further for getting bank statement from my bank.

Foreclosure charges charged by ICICI Bank is around 5.6% which is also very high. Still poor customer have to pay becuase we need to clear our account.

Kindly help in above.

WIth Thanks
Mayur Shah
+91 [protected]