Tell ICICI Bank that we have Blacklisted your Bank due to your Guerrilla Marketing tactics, which is prone to frauds, forgeries & cheating by your staff, your franchisees & your couriers, due to laxity in services.
Same thing happened with us, my wife & daughter-in-law were offered the life-free credit cards, forms filled up, formalities completed. Cards never came for months on, I enquired & no one could guide me as to what happened with those cards.
What if the cards are misused & we receive fat bills to pay? Again after six months we got calls that our pre-approved cards are ready, we just have to complete the formalities, this time more stringent, like driving licence of house wives (which they never have) and Xerox of holding another credit card, front & back.
We told them that asking of the Xerox of the front & back of a credit card is a crime, in India & Internationally, as anyone can make purchases on-line on Internet, with the help of a special code number given on the back of the card.
We therefore told ICICI Bank that we have Blacklisted your Bank for committing fraudulent crimes in India.
By mistake, I inserted & also used my HDFC Bank, debit card at an ICICI Bank ATM, without realising that I had inserted a wrong card. It did not warn me that I may have to pay a fees to use my other Bank debit card. It charged me a fat fee for cash withdrawal & again another fat fees for telling me my balance. This is open fraud, forgery & cheating by ICICI Bank. People defrauded like this should reports such frauds to RBI & demand the refund, failing which a Police Complaint may be filed.
This Bank was warned by Finance Minister recently, for having amassed a sum of Rs.100 Crores plus, by debiting the accounts of its clients, whose balance in Savings accounts fell below the minimum balance requirement of Rs. 5000/-. Such accounts were debited with Rs.500/- per quarter and in time their entire balance was washed off to ICICI Bank, which never informed them before of after such debits, even with a Rs. 0.25 Paisa Post Card. Such Bank is going to finish itself. It is digging its own grave, only its client have to put the sand in its grave.
Our Finance Minister had instructed ICICI Bank, among others to open ’’ZERO Balance’’ Savings accounts with ’’ZERO Service Charges’’, but this Bank have defied our FM, by not opening such accounts till date.
RBI is sleeping & RBI Governor is completely hand-in-glove with the top management of ICICI Bank. A big time bomb at ICICI Bank is ticking to explode into the biggest ever historical fraud in the world.
Avoid ICICI Bank like plague. If you are banking with ICICI Bank, time now to dump it and switch to SBI.
SBI is now million times better, with is almost 99% urban branches on Internet Banking & lowest minimum balance requirement of Rs 1000/- only, with its debit cards working in the largest number in India and largest network of Banks, including its subsidiary Banks. Its credit card, again life time free has better reach & best after sales team in the industry. It has best trained staff & rules in place to safeguard the interests of its clients.