ICICI Bank Personal Loan — Icici bank personal loan - pre-closing!!!

Address:Ranga Reddy, Andhra Pradesh, 500019
Website:ICICI Bank Personal Loan

Hi,

I have taken a personal loan from icici bank hyderabad - details are as below -

Date of loan execution: 1st april 2016.
Principal amount of the facility: rs. 11, 00, 000.00
Tenure: 60 months
Rate of interest: 12.99%
Product type: personal loan
1st installment date: 5th may 2016
Installment amount: rs. 25, 023.00
Principal outstanding as of 6th june 2017: rs. 9, 02, 893.50

When i was taken this p loan, icici bank told that there won't be any pre-closing charges applied on me
After successful completion of 12 emis as the p loan amount is rupees 11 lakhs, which is more
Than rupees 10 lakhs to eligible the zero pre-closing charges offer.

By 5th june 2017, i have completed 14 successful emis without any delays and late payments.

Now i sold out my house and got my own funds to pre-close this p loan.
I reached icici bank to pre-close my p loan. Now they are asking me to pay pre-closing charges of rs. 51, 917.00.

I reached to icici bank branch to resolve this issue. They are irresponsible and not giving proper answer.
I reached icici bank customer care many times to resolve this issue. They are irresponsible and not giving proper answer.

When there is an open market offer icic bank announcing that there won't be any preclosing charges aaplied after successful completion of 12 emis if the p loan amount is more than rupees 10 lakhs. Then why they are making a new rule for me to pay pre-closing charges?

This is not at all fair. Cheating the customers.

I am very serious on this issue of asking pre-closing charges from me.

I will go to consumer forum and file a suite against icici bank cheating to me and ask for the justice.
Meanwhile i have my ready funds in my icici bank sb a/c to repay the p loan amount. But they are not letting me to pre-close.
Every day an interest amount of rs. 326.00 accruing on the principal amount. Who will be going to pay this interest amount to me?

I will go to rbi and will complain against icici bank about this cheating to me.
I will go to union ministry of finance and lodge complaint against icici bank about this cheating to me.
I will go to media and reveal in front of the public about this cheating of icici bank to me.

Why icici bank is playing illegal games with customers?
Why icici bank is cheating the customers?
Why icici bank is unfair in its business?
Why icici bank is trapping the innocent customers with false business statements?

I am not going leave this issue until i get justice.

Kindly provide positive response to me.

Thanks & regards,
Dayakar adepu
+91 [protected]/[protected]
Hyderabad.
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