ICICI Bank Complaints & Reviews

Sir,

My Loan Account number is LBHYD[protected].

I have taken a loan of 18 Lakhs from ICICI (Sep-2005). I have applied for pre-closure of my loan on 28-Mar. I have give two cheques for the amounts - 16, 15, 347 (from LIC Housing Finance Ltd) and another cheque of Rs. 10207 (My HDFC account ; towards the additional interest).

The second cheque (Rs.10207) was bounced due. And when I contacted ICICI (on 2-Apr), they have asked me to pay a total amount of Rs.12576
10207 ==> Outstanding interest

2148 ==> (4*537) 537 = Interest for a day
221 ==> Cheque bouncing charges

Shouldn't ICICI charge the interest only on the balance amount of Rs. 10207, as the other cheque was already cleared?

ICICI is saying that, since the loan was not closed completely, the interest would be charged on the full amount.

Is this justifiable?? How we I fight against this practice??

I wish to write regarding the ICICI Bank - Mysore Branch cheating public.

I was a customer for Centurion Bank Miracle Credit Card with outstanding amount of Rs.24, 000/-+ Interest and after subsequent merger with ICICI bank, the ICICI bank asked me to settle my dues, for which they sent the collection agency person Mr, Raghavendra and at my residence, after the agent arrived, a settlement amount of 10, 000 Rs was agreed upon with as a onetime payment after a verbal discussion over the phone with Mr. Srinivas Manager of ICICI Mysore branch, and was promised the closure statement by the manager in a verbal conversation over the phone in the presence of Mr Raghavendra, who also spoke to him, He said only after the cheque is cleared we can issue the closure statement as it has to come from their Head Office, Mumbai, I agreed and on the basis of basic human trust, I gave him a cheque dated 19th February 2009, which was cleared immediately, but the closure statement is yet to come, repeated calls bore no fruit, but only promises. After 2 weeks, on a call to the manager, he tells me that he never agreed on such an amount but to pay the remaining balance of at least Rs.14000 more if I wish to have the closure statement in my hand.

Could u please suggest me how to get the closure statement.

credit card No: [protected]
cheque no: 566556
amount: 498813
date of deposit:[protected]
cheque date:[protected].
cheque cleared date:[protected].
bank and branch: vijaya bank, vn colony, hyderabad

Dear Sir/Madam,

I have taken a home loan from ICICI Bank (Home Loan A/c no. LBMUM[protected]). The Loan agreement was signed on 10th February 2006 with a discount margin of -1.5% on FRR and the loan amount was disbursed on 14/15.02.2006. Subsequently an amendment (copy attached) dated 21.02.2006 (referring to the terms & conditions of the agreement dated 10/02/2006) was issued revising the discount margin applicable to -2% on FRR, since the disbursement availed on or after 13/02/2006. But the bank has been recovering interest at a rate applying a discount margin of -1.5% instead of -2% on FRR. I took up with the ICICI Bank customer care desk at their Race Course & Andheri (East) offices. ICICI Bank customer Care Officers have verbally declined to honour the stipulations in the amendment issued by them, saying it was a mistake.

I request your intervention/help in getting the refund/readjustment of the excess amount of interest recovered from me since beginning of EMI payment. I am under tremendous mental pressure due to the unexpected behaviour of ICICI Bank. Kindly help.

Thanking You,

Yours Sincerely,

Hatee Ram Pattanayak

Dear Sir/Madam,

Despite having paid the outstanding amount for Rs. 2606.51, I had initially raised a dispute, but decided to settle the amount in full. Due to the banks own fault, as admitted by the customer service representative, request number SR[protected], the amount was twice credited back and again I was charged for that amount despite having canceled the card in February 09 and having paid the outstanding amount, except for Rs. 64, which I refused to pay as this was charged when I had paid and had a zero balance.

Please make note that these people have harassed me repeatedly despite requesting for cancellation, which they promised three months ago and also promised to stop harassing me after settling their amount. According to the email I received on 2-04-09, I have again been charged for what I have already paid of Rs. 2606.51. Please, something has to be done against these fraud banks and make them stop harassing innocent poor victims.



Regards
Prashanth Jayaraj

Rega

My savings account no 62350150****, in the name of Hozefa F To*****, A qab has been deducted 2 times from my balance though by balance was more then minimum balance of Rs.5000/-
When i complained the same to the bank I was told that from 1st July 2009 the minimum balance to be maintained was rs10000/- I was not informed regarding the same. This is cheating. The reply from Y S R PRASHANT Customer Service Office ICICI Bank Limited says


For quicker resolution of your query/request, please write to us through the "E-mail Us" option at our website, www.icicibank.com

The tension is neither given by us nor the bad times.

It is given by not reading the charges mentioned on our web site i.e. www.icicibank.com

On our home page i.e. www.icicibank.com, you will find the option "service charges" is displayed on the top. Please click on the option " Service Charges" to get the details of the service charges applicable.

With effect from July 1, 2008, the minimum Quarterly Average Balance (QAB) for your savings account to be maintained is Rs.10, 000. QAB is an average of sum of the closing balance of all the days in a quarter divided by number of days in that quarter.

Sub:- Amount Debit From My Account.

Ref:- Dated 01/04/2009 Time 13:03 ATM ID S1AN 0650 TXN NO.3850 Card No.0899 By ICICI ATM.

Respected sir,
In reference to the above reference I would like to inform you that, from SBI ATM Card I wanted to withdrawl from ICICI ATM Located bangur avenue, kolkata, I have given option of 5000/ Rs. ( FiveThousand ). But I have not received any amount from ICICI ATM, and slip come out unable to process and amount was debit 5000/Rs.(Five Thousand ) from my account.
Therefore I request you take necessary action to provide my short of Rs.5000/.

1.Account No[protected]
2.Nature of Account - saving
3.Name of Bank - SBI Airport Branch, Kolkata
4.Date of Transaction - 01/04/2009
5.ATM Card No[protected]

Thank you and anticipating your kind response,
Your faithfully
Sujay chakraborty
Contact No. [protected]/ [protected]

Dear Sir/Madam,
I am kasi and holding ICICI Credit card.
I have used the Credit card services of ICICI Bank and thanks full to them first of all.
I have done settlement on july of 2008 and everything was fine.I have made an settlement as per the ICICI executive for Rs 18, 000.
But after 3 months, i have got a cal from ICICI bank regarding the credit card balance.
I have got shocked and i complined to bank but they are telling as...your letter got voided and you need to pay the whole amount.
I am in a depress mode with their call and i lost my confident.
I have a letter with me.
Can any one plese responde like to whom can i contact and complain?.

Please revert me.
Thanks,
Kasi.

I have been receiving phones from ICICI Delhi, regarding difference amount of Rs 760/. When I asked how come there is difference, when your Lucknow office has received post dated cheques of desired amount, they told me that it is due to increase in interest rates. I told them I never have received any correspondence from your side regarding revision of interest rates.
Kindly send me a letter regarding this, I shall pay the difference amount the next day. But every time they are telling that "there is some technical problem because of which they will not be able to send this letter to me but I must pay this amount now." Almost every day once or twice they keep on on ringing me but are not sending me letter. ICICI has alway been sending me letters in past whenever they revised rates, right from 6.5 percent till 14 percent. But this time they are behaving strangely. More over every where there is a cry that there is deflation in india and world around. ICICI itself has been asking RBI to reduce CRR, SLR and repo rates on the same grounds but they are not taking care of its older customers. I appeal ICICI officials to look into the matter of EX-VALUED customers like me. Regards.

I am Ashok Kumar existing customer for ICICI bank, My Credit Card No is [protected], from last 2 years this credit card is going on as an overdue due to not settlement. I also requested in your customer care no of times, but they always said you pay your minimum amount then we can settle your account locally. That’s why I have been paying minimum amount (800 to 2500) per month but last few months I have not paying due to not settlement my account as per commitment and every month I have received your call from your recovery department so they always said same thing said above. That’s why my account have been added by late payment, overdue, interest charges, increasing on every month, so its increasing highly, this is out of my pocket.


In point of view that I have paid to bank maximum 7000/- per month and once bank has been deducted Rs. 12000/- from my salary account directly without any intimation or any notice so this is so surprise and injustice. That time also I have requested to cancel my card and settle the account but didn’t get any positive response from your side, it means I feel that after deduction amount from account or I have deposited amount on time, all are cool from your side and when my account is overdue (like at present situation) that time no of calls are coming from your side.

So, at Last I want say I don’t believe in verbal commitment please give the solution properly through the mail. My E-mail ID- [protected]@rediffmail.com.


Regards,

Ashok Kumar

NRE A/C no[protected] and NRO a/c no[protected] with
ICICI Bank

Dear Sir,

I have discontinued the credit card issued by you, and also informed you accordingly, but still you are deducting charges from my a/s for the same. Pl note that I have never asked for the credit card, and you only for your own interest sent me the credit card /Debit card.

For your information you have deducted Rs 224/- on 5/11/08 twice as credit card charges for period August, 08 to July, 09. Please let me know how you can deduct money when the card is not in use and surprisingly you have deducted twice for reasons best known to you.
Pl credit this amount to my a/c.

Please note that we are not at all interested in using your credit and Debit cards for above two a/cs, and please cancel our cards if not done so far under intimation to us. We both a/c holders are not intrested from day one. Pl credit the charges you have deducted from our a/c by mistake it seems.
Pl reply per return about action taken by you in this matter.
Thanking you.

Hi All,

I had mistakenly Trasferd Money from my account to Unknown Person (Want to transfer to my Friends account But mistakenly Transfered to that Unknown Person) On the same day i send the mail to ICICI CC(customer Care) as well called up CC and informed that i had a made mistake but CC told me that you have to visit your home Branch and need to give written application.On the next day i have submitted application in home...

I have undertaken balance transfer facility with the ICICI Credit Card on 12-08-08 on interest of 0.75% per month for first six months and 1.49% per month thereafter till i repay the whole amount. Once i availed this facility, the bank started charing interest on new purchases made using this credit card from the date of purchase @ 3.4% per month. Every month i have promplty made payment before due date which
includes amount due towards pruchases made during that month and certain amount towards interest on outstanding balance transfer amount and certain amount towards prinicpal of balance transfer... This continue to happen every month and on complaint to them via email, the bank reversed the charges giving assurance that this issue will not repeat again.. but the issue persisted till date and on my recent compalint i am informed by the bank represntative as "We would like to confirm you that we
are reversing the interest charges on the card account every month even though you have taken the life time balance transfer on the card.Even the new purchases done on the card will attract interest charges on the card account for the life time balance transfer taken @ 3.40% . And no further reversals are possible on the card.

On receipt of this mail, i have formally lodge a compliant with CORE at their Webiste. This issue was escalated to Head Service Quality, which never provided any clarificaitons to my query. I have received a call (No:[protected] from your recovery section. I was provided the below noted details:

1. A note has been sent to him for settlement of my account to him from Head Service Quality .
2. As a standard policy, my name would be sent to CIBIL and register which will have effect on my future, as no loans or credit cards will be issued to me in future.
3. It is not a great idea to go this as the amount of waiver would be maximum of Rs.2000.

I have few queries with respect to above courtesy call from ICICI Bank Credit Cards Division:
1. I want to close my account with your organization and have asked for final amount due for settlement. When i am paying the whole amount which i am supposed to, why is my name should go the CIBIL.
2. Have i asked for any waiver till date?
3. What happens to the other queries which i have asked for clarifications?
4. None of your correspondence mail have provided with the clear instructing on next steps.
5. I also hold other credit card of ICICI Bank, what will happened to that?
6. What will happen to the demat account which i hold with your bank?
7. What will happen to SB A/c which i hold with your bank?
8. What will happen to all other relationships (as mentioned in 5, 6 & 7) which i have with your bank?

My previous queries are:
1. My payment were not appropriately apportioned towards balance transfer, due to which interest on outstanding amount was charged at 3.4%.
2. The EMI was also charged an interest of 3.4% when there was an payment already made by me and moreover the EMI was already had an charges of 10%.
3. Details of what was the total amount due to be payable from my side for which i haven't received any communication.

I request anybody and everybody whoever reading this compliant to check for the issue and provide me a proper relief than endangerign my future...

Dear sir... We have transfered our home loans from ICICI bank to LICHF.On 4/3/09 we paid foreclosing amount to ICICI bank and they promised that they will give the original property paper with 15 working days, therefore by 25/3/09 which include some holidays bank should hand over the property papers to us but unfortunately we have not recieved our property papers.Every day i am paying interest to builder for delaying of payment. i have called customer care many times and visited greenpark branch many times but still i dont know where is my property papers.Sir kindly look into the matter and do your needful.
Thanking you.
Dr.priyanka verma

Sir, This is amar previously iam worked in icicibank personal loans (dst5hy samrat solutions pvt ltd hyderabad )in a sales exicutive.iam qualifed for knock out scheme but i dint recieve any information from anybody, my colegue miss haritha went to collect her gift from dst there she saw my name that i qualified for LCD n she toled dst people are asking why amar is not coming 2 collect the gift?sales manager phanimadhav, business manager ramakrishna, team leader pratap, also not supporting me.conformly i know that i qualified for gift.plz responce for my mail.



THANKING YOU
AMAR.

dear si/madam,
this is to inform you that my LAN number is LTPHM[protected]
and my new address is
M/s. Dynamic Logistics,
C/o. Eicher Motor Ltd.(cspd dept.)
sector-1
pithampur dist.-dhar
454775

please send me noc letter on my new address as early as possible.


regards,
manoj pundkar
[protected]

It is submitted as under-
(1)That i have an account in State Bank of Patiala and my account no. is [protected] and ATM card is also issued to me.
(2)That on 12.02.09 i have used my ATM card for withdrawal of Rs. 15, 000 from your ATM situated at 100 ft. road, Bathinda, Punjab. But no amount is withdrawn but as per the receipt of ATM it shows that Rs. 15, 000 is withdrawn.
(3)That on same day i withdrawn Rs. 15, 000 from your ATM and Rs. 10, 000 from S.B.O.P ATM situated at Model town, Bathinda, Punjab.
(4)That the daily limit of withdrawal of SBOP ATM is Rs.25, 000, but the receipts shown that Rs. 35, 000 is withdrawn from account. it is impossible that amount above Rs.25, 000 is withdrawn from SBOP ATM. I have retained all the receipts for valid proof. So i have noted the complaint in State Bank Of Patiala but they said this problem would solve by ICICI Bank. I reached your branch situated at Bibi wala road, Bathinda, Punjab for this complaint but they refused to solve this complaint. I again reached SBOP Bank for this complaint then they noted my complaint and told me that they would send the letter to Bombay because at Bombay there is the Head office of all ATM's. But till now this problem is not solved.
So it is therefore prayed that Rs. 15, 000 be adjusted in my account no.[protected] which is wrongly deducted.
I shall be thankful to you.
Rajesh Sharma A.D.A.
Bathinda, Punjab

Dear Sir/Madam:

This is to inform you that My I have Two Demat Account NRE-non-pins for IPO & MF and NOR-PINS Online Trading, As an NR India I was told told that as per regulation I cannot subscribe to IPI & MF via NOR PINS account, so I had opened NRE-NON-PINS Deamt Account as well. For both the account I was provided with Two Different Login ID for ICICI Direct Web.

Suddenly, In Mar-2008, my login ID linked to NRE-NON-PINS, was disabled without any prior notice and I could not login to the NRE-NON-PINS Demat ACcount. Upon sending several mails I did not received any update. Finally when I wrote to their help desk that I will logged a complain in consumer forum, then I received a call from ICICI and they explained that as per regulation, I cannot have Two Login ID for Two different Demat account and that is why my login is disabled.

When I told them that I have not received any notification for disabling the login, then they said, I should submit the Linking Demat Login form by sending signed scanned copy of the Linking form and later an original linking form to be sent to the mentioned address in the linking form with the provided Service Request number. All this details were provided to the ICICI Demat services. Then after six months upon enquiring status of my linking of demat account I did not received any update. Recently when I mailed them saying that my demat login is not working, they gave me same feedback and requested me to send scanned copy of Login exert from the Mial received from ICICI Direct (NRI Services)
1. You need to provide us with a written letter duly signed by all the account holders stating that the User ID ( "A" ) which you want to operate. You also need to mention that you want to link all the other trading accounts linked User ID "B" to the User ID "A" and does not want to operate User ID "B".

2. Provide us with the scanned copy of the letter for linking of accounts. After receiving the e-mail we will take a request for linking of your accounts and will provide you with a Service Request number.

3. Later you needs to send the physical letter mentioning the SR number on it to the below address:

Once again as requested, I send the linking form scanned and later original copy with provided SR Number.
After 10-15 days, when I sent a mail asking for an update for the SR number, I received a mail as below:

“As per Service Reference Number is SR[protected], we have observed that we would be unable to process your request for linking of accounts under one user ID as the re-execution documents for your trading account are not submitted.

We request you to submit the re-execution form (attachment given) along with the valid documents at our address mentioned below: “

Please guide me how can I resolve the issue.
Sachin Vanjara

ICICI Bank had transferred my points to imints, saying 1:2 ratio. But it is reflecting as 1:1.5 in imint. Without information, points are getting transferred and ICICI doing all frod with points.

Dear Sir,
My name is Ravi Verma and i got a call from Deepak Khanna ICICI Bank SD Tower Sec 8 Rohini tel[protected] and I was asked to pay the credit card dues which I didnt pay earlier due to financial crunch and had thought that I would pay in April 1st week. When I got a call from Deepak, I told him that I would pay in the 1st week of April as decided earlier and then he started using abusive language and said " saaley, company ke paise leye hai toh dene padage, bhenchod " and given threats . This is a mental harassement and defamation and please help me.
Ravi Verma
[protected]