[Resolved]  ICICI Bank — UPI Mandate expired but funds still blocked

Ipo applied : MRS BECTORS
Application method : upi mandate through icici bank
Blocked amount : 108000

Issue: money is not being released by bank which was blocked for ipo mandate request

I have applied for MRS BECTORS ipo and given upi mandate through icici bank. As per the ipo dead lines if the shares are not allocated the money should be released on 5 January 2020 in my case some shares were allocated and amount deducted but the rest of amount was not released by icici bank. They kept blocking the money after 5th also.
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Aug 8, 2021
Complaint marked as Resolved 
ICICI Bank customer support has been notified about the posted complaint.
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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 (a1a5lo) in the subject line of your email. Our official will assist you.

Regards,
ICICI Bank Customer Service Team

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