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Bangalore Business Network [This Network is not currently active and cannot accept new posts] | | Topics
of Trickery, Daylight Robbery and Universal Banking - ICICI BankViews: 386
Apr 30, 2005 5:12 am re: re: re: of Trickery, Daylight Robbery and Universal Banking - ICICI Bank
Somashekar Somashekar My experiences with ICICI as well as An MNC bank is no different than what most of you have expressed.
ABN AMRO bank must be complemented for their ingenious means of making money. If you are chicken hearted they would certainly coerce and extract money that they are not legally entitled to. Here's their modus operandi

Even though I had advised the bank tha I do not want to renew the credit card, have got the credit card blocked paying up all the dues on my card, they still debited me with renewal fee and further debited with late payment fee and interest and it went on compunding from month to month. They started calling me and advising me to payup without further delay or face legal action. Ultimately frustrated, I called on their Manager Customer Services and give him a piece of my mind. They then relaized how very wrong they were in charging me for non-existent services and quickly closed the account.
This is how they function and this is how probaly they have been making money.

Htefore its better for people to be careful with which bank they deal. Honestly our nationalized banks are a better lot than the MNC Banks. I have decided to only deal with SBM and I am happy to say I dont have any headaches since then.

Private Reply to Somashekar Somashekar (new win)

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