ICICI Bank
1.5 months and Loan never came still waiting

Ill start with a time line

Loan Applied : 15th May

Document Provided: 20th May

Approval of Eligibility of loan : 28th May

Loan Agreement Document Signed : 5th June

Still Waiting : 22nd June

This is the just a time line which looks harmless when you see it as just a delayed loan disbursement, but when you go deeper its has been 40 days of mental tourture to me. With me running and calling the bank each day to understand where the process is stuck. All this with no avail. What should have been a simple process of 10 days from application to disbursement is now almost 40 Days old and on top of that the Bank is not even willing to let me know the status. To top it all, my friend who applied in HDFC bank got his loan approved and cleared and disbursed in 10 days flat.

I am at such a state now that i dont think i will ever bank with ICICI now. The worst part is that The bank is not even willing to close my application for the loan also as they are not sure what is the state of the loan process currently. I have not been provided with any application/reference number and on asking they are not even giving me any information.

I am not sure what to do now. Is there a way to end this mental torture? can i file a complaint against the bank for this mental harassment?? Please advice what can i do for now.

For the rest of my life i would advice people not to take any loans from ICICI as they only make life hell.

Warm Regards

Dis-grunted Custome

Company: ICICI Bank
Country: India
State: Maharashtra
City: Mumbai City

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