[Resolved]  ICICI Home Finance — PRE EMI DEDUCTION

Dear Sir/Madam,

Ref:D1/478202/3/NHMUM[protected]

With reference to abovementioned subject, this is to inform you that I had taken housing loan from ICICI HOME FINANCE. Accordingly in the month end of August 2008 bank authority disbursed the total loan cheque.

At the time of loan approval procedure neither bank authority explained me nor intimated in loan approval letter about payment of pre emi. At the time of loan approval bank authority collected three blank cheques from me. When I asked the reason for Blank chques bank authority replied me that it is for stop gap arrengment till ECS operates. But on 23.10.08 received letter which says that amount of Rs. 14933/- is outstanding as pre emi which is outstanding on 30.09.2008.

Now here I surprised when I received abovesaid letter and bank authority deposited cheque, for to collect outstanding pre emi i.e. Rs.14933/-. Bank authority deposited above said blank cheque without my knowledge and the same cheque is bounced due to insufficient funds reason. Here bank authority intimated as per above said letter i.e. i have to pay cheque return charges Rs.200/- and late payment charges @2% p.m.

Here i request to authority please take necessary action for the same.

Regards
ANAND BAGWE