[Resolved]  ICICI Bank — Iwish account interest calculation

Address:Bhilwara, Rajasthan, 311001
Website:www.icicibank.com

I opened an IWish Recurring deposit with ICICI bank at committed interest rate of 8%.

I closed the account before maturity date and amount refunded back to my account after deduction of panel interest.

I understand that I have been paid interest of 5% over deposited account, and additional deduction is also done.

I am chasing ICICI bank from past 15 days but having no information regarding my interest calculation.

Entire communication can be provided physically if required, as I have kept copy of same with me. Every time I spoke with customer care, I was kept on hold or received no proper reply.
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Jan 30, 2018
Complaint marked as Resolved 
Iwish is not satisfactory investment procedure according to me, as interest earned is less than interest advised at the time of investment
ICICI Bank customer support has been notified about the posted complaint.
Complaint comments 

Comments

Dear Customer,

We regret the inconvenience caused. We request you to email us your concern with your contact details on [protected]@icicibank.com. Please mention the UID (a37ydf) in the subject line of your email. Our official will assist you.

Regards,
ICICI Bank Customer Service Team
Thanks ICICI bank I received mail and have also replied back as the calculations were dont incorrect also there was no formula in the calculation shared.

I have mentioned specific points in mail, please arrange to take care of them properly.
Still awaiting for reply from the concerned of bank, I also sent them mail, but no reply shows their ignorance to customers complaint.

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