[Resolved]  ICICI Direct.com / Clear Value Deals — Fraudulently Deduction of an amount of Rs.3130.16 from your my ICICI Bank A/C No.[protected] on 03-JUL-08.

Dear Sirs,
I am having a trading account No.[protected] with ICICIdirect.com.

ICICIdirect.com has fraudulently deducted Rs. 3130.16 rupees from my ICICI Bank Saving Account No.[protected] on 03 Jul 08, towards subscription for Clear Value Deal for the quarter Apr 2008 to Jun 2008, which I have never subscribed. That I have also not been trading with the ICICIdirect.com for the last four months. I have never chosen and subscribed to any clear value plan of Rs. 999/- per month. I had subscribed to the clear value plan of Rs. 299/- per month for the quarter Jan 2008 to Mar 2008 only.

Further, I have never given any instructions to ICICIdirect.com even to subscribe for the quarter from Apr 2008 to Jun 2008 for clear value plan of Rs. 299/- per month.

You are requested to kindly get my money back from ICICIdirect.com.

ICICIdirect.com is the dangerous wolf in the skin of a sheep. Society must be spread with awareness about the malpractices of ICICIdirect.com.

Paramjit Singh Kang
Chandigarh.
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Aug 14, 2020
Complaint marked as Resolved 
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Hey Paramjit singh kang,

I have been a customer of icci direct and i completely disagree with your complaint. I understand your agony as you feel you lost some money but it is clearly mentioned that if you dont choose any plan for current quarter then the previous quarter's plan is applicable, But in your case you must have changed the plan i dont see any possibility of it happening from the idirect.

all you need to do from the next time is take time to read about the plans carefully and see legibly the * conditions apply and then choose to enrol .

Cheers !!!

ChillPill
ICICI is cheating the people is there any guide lines they are following from SEBI or from NSC /BSC
as per sebi brokarage should be 2.5 % is maximum
I have joined ICICI bank triple account since 2004 and was very satisfied customer till July 2008 being a small retail customer for banking as well as trading. Recently it is observed that Bank has started debiting huge amount of about Rs. 3100/- onward quarterly since July 2008 toward clear value deal, though i have not opt or subscribed any such scheme towards such scheme, So far bank has debited Rs. 9497/- towards this which i have noticed recently and send my service request and qrievance form of ICICI bank to reectify this problem and refund my amount. I hope the ICICI bank will definately consider my request and will credit this amount in my account without any harashment. Let see, I will convey the staus to reader after sometime.

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