Inconsumercomplaints.com » Business & Finance » Review / complaint: ICICI Bank - ICICIBANK TAX SAVING BONDS 2005 | News #288441

ICICI Bank
ICICIBANK TAX SAVING BONDS 2005

I purchased ICICI Tax saving bonds 2005 for Rs.30, 000/- repayable after 5 years and relative interest payable on annual basis i.e., in the month of May every year. Due to my transfers during 10 to various places, I could not intimate change of address in between with an intention to submit my change of address and bank details just before maturity. Accordingly, I submitted my change of address and bank account details through ICICI bank, Rajahmundry on 23.03.2010. My bonds were due on 08.04.2010.I requested ICICI to send the proceeds with interest for 5 years (interest is not received by me since beginning) by means of NEFT directly to my Bank account with Indian Overseas Bank, Balajipeta Branch, Rajahmundry. But, ICICI did not bather to send my amount even after one month lapse after due date.

I request your good selves to arrange for remittance of bonds amount Rs.30, 000/-, cumulative Interest for 5 years (since the funds are enjoyed by the bank) and delayed period interest forthwith.

yours truly,

U.Kesava Reddy

Ph:09885586688

email: [email protected]


Company: ICICI Bank

Country: India   State: Andhra Pradesh   City: East Godavari

Category: Business & Finance

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