[Resolved]  Standard Chartered Bank - Credit Card — They have added interest for this month Rs.1551.43

Address:Chennai, Tamil Nadu

Dear Sir,
I would like to inform to your kind notice that on 15th January, 2014, I have received SCB Credit card E-statement. When I have seen the statement I have totally wondered that how they are calculated this much in such outstanding amounts.
I am indicate here for your ready reference;
Total Outstanding amount = Rs.27, 823.17
I have Paid (dtd 26/12/13) = Rs.10, 000.00
Total Outstanding Balance = Rs.17, 823.17
Total Purchases: Rs.7021.48.00 (for December, 2013)
December month No.of days: 31
Rate of interest : 3.54%
Total Interest = 17823.17*31*3.54%/31= Rs.630.94 (as per their calculation)

However, They have added interest for this month Rs.1551.43 (intentional infliction added interest).

I request you to kindly investigate in my case and take strictly action upon them and provide me justice without any hesitation. I hope you will do the needful at the earliest.

Thanks Regards,
Bijaya Kumar Mohanty
+[protected]
[protected]@gmail.com
Was this information helpful?
No (0)
Yes (0)
Aug 14, 2020
Complaint marked as Resolved 
Complaint comments 

Comments

Dear Bijaya,

Please accept our sincerest apologies for the inconvenience you have experienced. Please be assured that we have noted your details and our officials will contact you to address your concern.

Regards,
Standard Chartered India

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    Standard Chartered Bank
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    48%
    Complaints
    1721
    Pending
    0
    Resolved
    778
    Standard Chartered Bank Phone
    +91 11 3940 4444
    +91 11 6601 4444
    Standard Chartered Bank Address
    19, Rajaji Salai, Chennai, Tamil Nadu, India - 600001
    View all Standard Chartered Bank contact information