By writing this article I am trying to explain just one of the ways by which the bank cheats you.
Here it goes. after all the selling done by the ICICI bank angents
and looking at the ads that the bank puts up. I finally decided to
open a account.
At the time of opening the agent told that for a SB account the monthly average balance is 5000
and it has to be paid at the time of opening the account. I promptly
paid the amount and opened the account. Finally I was the
proud owner of a ICICI SB account(hum hai na;)). But hang on. all
is not that rosy as it looks. just see what happens . in a couple
of months.
After one month of opening the account, I receive my first statement .
and gosh! what to I see. Rs 150 debited for the issue of debit
card. I was not happy. atleast they should have told me this.but
wait. this is not the end. I was out of town for couple of
months and during this time I did not transact anyting using ICICI.
my logical mind still was under the impression that everything is
fine.but here is the climax. After 2 or 3 months from
opening the account, I get a statement with a debit of Rs.864/-
. So here is the million dollar question WHY.? WHY did this happen
even if I did not do any transcaction. The funda is that Rs150/- debited
for the issue of card caused the average balance to be below
5000/-.
I just dont understand why these people dont tell you that they
will be charging for the debit card as well so that you are well aware
to open the bank account with 5150/- and not 5000/-
This is a intentional fraud. ICICI bank is a real cheat. Its day light robbery.
THEY ARE ROBBERS DISGUISED AS BANKERS. MARK MY WORDS.
Just visit any ICICI bank branch and you can see the quality of staff there. pathetic.