[Resolved]  SBI Credit Cards — Complaint about settlement

Address:

Pune, Maharashtra

Sir,
My name is yogesh rathod & I have been holding the sbi credit card for last three years & my credit limit was Rs 14000.00. I had spend some Rs. 13000.00. But contisuly paying the min bal or more. From July 2009 I had requested them for the EMI scheme were the bal amt should be paid in 12 EMI. This scheme was offered by SBI only. For the above scheme they collected my ID proof & a pre printed form which they had sent with their representive. This was done two to three times.I have being calling the call centre & contacting them by emails also. In the mean time I was doing the payment of min. 1000.00 Rs. online or by cash. But the interest went on rising & it rised upto 22000.00. For last three months I have been now telling them to do the settlement on Rs. 13000.00 to 14000.00. which should be paid in 3 to 4 installment. Today also I have been contacting them by emails & phone. But they do not contact me. The interest is rising day by day. It is charged at 3.35 % daily. Sir I would request the forum to take some decision & help me to close the A/c forever by doing a some settlement. Pls help me sir it will be a great help to me & live a happy life because the phone for the money every time. Because of their polices they interest is rising other wise I was ready to colse the A/c is 2009 only.