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Summary

SBI Visa Credit Card
sekar Arumugam@aishu_sugaraj
Aug 20, 2007 02:16 PM, 2512 Views
PAIN FUL WHILE CLOSING SBI CARD

SBI cards make life  MISERABLE  ( not simple???).


It is very enjoyable while using the cards but very painful while closing.


To close my SBI card   I cut the card and sent to SBI cards  indicating them about closing the card services. Since the balance amount was  high ,  I was paying the minimum amount . After threemonths the charged the renewal fees in the statement . I informed them that I have alredy surrendered  the  card  and I don’t want to continue .


But they have not reversed the renewal fee. Immdly   I approached  them for one time settlement,   but they have not come forward to close  rather than collecting  the monthly dues.. I wrote many letters to SBI cards and all concerned for one time settlement. No one responded . Finally  I intentionally  stopped paying the monthly dues.  I started receiving many threatening  phone calls.


I told them that I am ready Only for settlement .  After a few months  I received  a call letter through  an agency “ KOHLI & SOBTI” Delhi  –(Advocates & Solicitors) for one time settlements. Accordingly the  final settlement was made  through  the conciliator on 18.12..2005 at Trichy, (Tamil nadu). I issued  a local  cheque for settlement   amount there  itself.  They issued me the settlement agreement immediately.


They informed that Closing statement will be sent from SBI cards after realizing the cheque.  Instead of Closing Statement and NO DUE CERTIFICATES  I received the  usual  Monthly statement in the next month itself  from SBI cards. They  credited the settlement amount as regular payment . Immediately I wrote a letter  with the copies of the settlement agreement….to the all concerned.


Still  I am writing  letters to SBI cards…to close the account , But  Still they are sending  the Monthly Statements   with late fee amount.instead of closing statement..  I wrote so many  letters to Sri Bharadwaj Ryali  Payment assistance cell  and local SBI cards centers. ….


Nothing happened… I got fed up in writing letters to them. Now  I approached the Consumer forum  for settling the issues.   I do not know  when I will be relieved from this mental torture.  --- R.SEKAR , TRICHY 620019

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