[Resolved]  ICICI Bank — ecs bounce charge

Address:

121004

As my ECS due date for car loan taken from ICICI bank is 1st of the month and I have insufficient fund in my account on 1st of October 18 so ECS bouncing charge RS 590 deduct from my account and ECS again hit on 9th of October i transfer fund around 9 O'clock in morning of same day when ECS have to be deducted but in evening I an msg about ECS return and bouncing charge RS590 also deduct from my account . Next day I got an call from ICICI bank that they told that ECS is deducted as per RBI rule or guidelines at 12.00 AM of the date.
After that I pay my ECS online and now I m getting msg of about bouncing charge of RS 1344 to be pay.

Why i will pay that charges when I have sufficient fund in Account at 10.00 am of generally when ECS id being deducted ?