[Resolved]  Standard Chartered Credit Card — standard chartered credit card division Not Settling the full and final settlement even after paying one time settlement of 20000rs.

Grievence letter details mentioned .addressed to standard chartered bank-credit card after thier reply on settlement issue.

Re: Our Ref: 010208SQ0234RL
Tuesday, February 5, 2008 7:20 PM
From:
"shantanu sharmasarkar" <[protected]@yahoo.com>
View contact details
To:
"Services, Card" <Card.[protected]@in.standardchartered.com>
To
officer customer care
regret to mention that your reply dosent satisfy the subject on non receipt of settlement papers of my credit card account.
i have send you the receipt copy as proof of settlement as it was paid on approval of one time settlement amount-rs 20, 000 with submission on same by your collector in writing.
it seems after receipt of payment, you are unnecessarily prolonging the isssue and do not have any intention to provide settlement papers.
you can speak with Mr Nirmal das -Collector of your bank-creditcard -collections.
Mr Nirmal das has given in writing on one time settlement of said card account.
The payment made is not effected towards card account but for one time settlement as mentioned with understanding given by your bank collector & collection deptt.
looking forward to needfullness on same.
regds
shantanu.a.sharmasarkar




"Services, Card" <Card.[protected]@in.standardchartered.com> wrote:
Ref: Your SCB Card Account No: #### #### #### 5472

Dear Mr. Sharmasarkar,

We refer to your email dated 31st January, 2008 regarding your above mentioned card account.

We acknowledge the receipt of the Payment receipts for the payments effected towards your card account. We regret to inform you that the same payment receipts are issue for the payments effected towards your card account and cannot be considered as proof for settlement.

In this regard we request you to revert to us with the settlement letter to enable us look into the matter and do the needful.

We trust the above clarifies your query.

Assuring you of our best service always,

Yours sincerely,

Anand Krishna
Officer, Customer Care
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Aug 14, 2020
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I was having a standard chartered card where i use to regularly pay my minimum due amount, where my principal amount was 50000/-. i had paid my last installment on dec 2007 and later i had called for a full and final settlement where they had not mentioned me that i will have to pay extra money for clearing my cibil records earlier in august 2008.

I already recieved a 0 dues letter from the bank persons still they have not cleared my name from cibil records.

What kind of looting business have this bank started, and when i asked them for a break up on what basis are they charging me such a huge interest rate they are not answering my queries, instead of that every call centre personnel is giving a differnt amount and to my surprise this account was closed and settled in dec 2008 and still they are calculating interst on it which one side they say bank has waived the amount.

what kind of calculation is this.

Regards

Shrinath V Rao
Pune
disagree

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