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ICICI Bank
Case of Cheating by ICICI Bank

This is to inform you that I, Biswamoy Mukherjee, availed a pre-approved cash offer from ICICI Bank amounting Rs.1, 95, 000 against my ICICI Bank credit card. I had been paying my EMI at regular intervals without any hiccup and I was enjoying a clean record as far as repayment is concerned. But since..August, I have failed to make regular payment as my office UNI started passing through an acute financial crunch. Though I had good intention to pay the EMI, but financial circumstances had forced me to go for a settlement with the Bank. Accordingly I had a telephonic talk with the the Bank's Debt Manager Soubhik Chowdhury of ICICI Bank, 2B, Shambhunath Pandit Street, Kolkata regarding the settlement. After several bouts of bargaining regarding the settlement amount, Mr Chowdhury agreed to me through one of his executive Mr. Tarun Modal that if I pay Rs 40, 000, I would be provided with an NOC and the Bank will not charge any more amount further. And my loan will stand closed. He then sent me a Dummy Settlement Certificate for making the settlement payment of Rs 40, 000 through E-mail on 24/04 When I enquired why he had sent me a dummy certificate, his executive told me over phone that after making the payment at any ICICI Bank branch, the Bank would

despatch the original settlement certificate. But to my utter consternation I had found that even after making the requisite payment of Rs 40, 000 on that day itself, the said person, Mr Tarun Mondal, had been flatly denying that he had made any such promise to me and on the more he told me that it was just another payment and not a settlement payment. After that he and his colleagues threatened me and my wife also regularly with some abusive languages and told me if I did not pay total dues amount within this month then he would send some goondas in my house for recovery of this dues and put me into the jail. When I wrote to the concerned Bank's highest authorities, they are also flatly denying any such happening and on the contrary backing Mr Chowdhury and have asked me to contact that same person for the final settlement. This is nothing but pure forgery on the part of the Bank just to realise the money.

Now everyday several agents of that ICICI Bank, 2B, Shambhunath Pandit Street have been making calls to me (Telephone no. are 65500388, 65002248, 65360082) and the caller was threatening me using filthy languages even to my wife also. Please find enclosed herewith all the letters exchanged between me and the concerned Bank.

Yours faithfully,

Biswamoy Mukherjee

Ashirbad Apartment,

Flat No:-4L,

10, Jessore Road, Dumdum

Kolkata-700028.

Mobile: 9830085798

&&&- Forwarded message &&&-

From: Shahbaz Mirza

Date: Thu, 20 Jan 18:51:58 0530

Subject: RE:'ICICICARE=040-567-274'ICICIBANKLTD

To: "[email protected]"

Dear Mr. Mukherjee,

We refer to your e-mail of January 18 addressed to Ms. Chanda

Kochhar regarding your PLCC account 9401 xxxx xxxx 5005.

Based on your complaint we have verified our record and would like to

inform you that, the email and the settlement letter shared by you was

not issued by ICICI Bank or any of its collection agencies. Last

payment made by you was Rs. 6805/- on July 20 and we have not

received any payment after that till April. However we have

received the payment of Rs. 40, 000/- on April 24 and after that

we have not received any payment from your side.

As you were not making the requisite payment within stipulated due

dates and the payments made by you were insufficient to cover the

monthly outstanding amount due payable by you, hence financial charges

were levied and accumulated.

Based on the above, you would agree that the Bank had to continue its

collection efforts and in the process, our collection agents/officials

had to call/visit your residence. Such visits/calls were only to

remind you about the Bank's legitimate dues and not intended to harass

or threaten you. Our officials/representatives are sensitized to follow

the code of conduct for collections and recoveries laid down in

accordance with the guidelines of RBI/IBA/BCSBI. It is denied that the

Bank is resorting to illegal means for recovery of the unpaid dues as

alleged in the complaint by you. We clarify that, the Bank functions

as per the guidelines, rules and regulations set by Reserve Bank Of

India.""

In the view of the above, we regret our inability to reverse the

charges on your PLCC account. The current outstanding towards your

PLCC Account is Rs. 160, 768.36. As an exceptional case, we can offer

you a settlement of Rs. 80, 000/- in 4 installments subject to approval

from relevant authority.

We request to provide your consent on or before January 27 so

that we can initiate the process for obtaining the approval. You may

contact our Debt Manager Mr. Soubhik Chowdhury on 09830948343 before

January 27 in this regard. If you fail to provide us your

consent on or before the requisite date, the said settlement will be

treated as void and you will be liable to pay the total outstanding.

We hope you would meet the above explanation with understanding and acceptance.

Sincerely,

Shahbaz Mirza

Manager – Senior Management Desk

&--Original Message&--

From: Mohua Mukherjee [mailto: [email protected]]

Sent: Tuesday, January 18 11:38 AM

To: Chanda Kochhar /CORP/IBANK/BKC

Subject: Settlement issue of Credit Card Loan account no. 9401 2700 9497 5005

To

Ms. Chanda Kochhar

Managing Director & CEO

ICICI Bank Limited

(Subject: Settlement issue of Credit Card Loan account no. 9401 2700

9497 5005)

Respected Madam,

This is to inform you that I, Biswamoy Mukherjee had one ICICI Bank

credit card (No. 3770 413112 08002). I had paid my credit card dues

regularly within due date in all these years. In the middle of

one of the executives of your Bank informed me over phone that after

verifying my good credit record they were offering me one pre-approved

cash offer (Rs.1,

95, 000) over and above credit card limit against this above mentioned

credit card and he had also informed me that no need to submit any

paper or documents for this loan, just you tell me "YES" so that we

can send demand draft within three working days. At that time my

mother was very serious so I had accepted this loan. After receiving

this loan (Loan account no. 9401 2700 9497 5005) I had paid EMI

regularly as fixed by your mentioned Bank.

It is to inform you that I am working in one of the media agencies since

1987 but my company has been sick since August and so that I

could not manage to give monthly installment since August. During

this period several threatening phone calls received by me from your

bank and also some of your agency people threatened me in my house as

well as my office. On 15/04 one phone call was received by me and

the caller introduced me (Mr. Pradyut, Telephone No.44026665 and

mobile no.9830553707 of ICICI Bank, 2B, Shambhunath Pandit Street) over

phone that I should settle the payment with the Bank but he told me

some huge amount which I could not afford this because of my severe

financial condition and I had requested him to reduce this amount for

this settlement. After that he used some bad languages against me and

gave me one mobile no.(9830948343, Person Name is Souvik Chowdhury)

for further query. When I contacted this person and requested him for

reducing some money for this credit card settlement because of my

pathetic financial condition and also requested him if needed he can

enquire my office about my salary and financial condition of our

office then he threatened me with some abusive languages and told me

if I did not pay total dues amount within this month then he would

send some goondas in my house for recovery of this dues and put me

into the jail.

After hearing this abusive languages I fell sick. Next day same man

called me around 1530 hrs and my wife picked up the phone and again he

shouted and threatened my wife also with some abusive languages.

Two days later one Mr. Tarun Mondal called me and first he informed me Rs.

50, 000 for the settlement amount but that time I requested him I will

be able to giving this amount for two installments. Next day he again

rang me and informed me that if I will agree to pay for one

installment then he can reduced the settlement amount of Rs.40, 000.

After I agreed to pay Rs.40, 000 on one installment then I asked him to

send someone to collect money with settlement letter but he informed

me that as per the ICICI Bank rules first I have to deposit the

settlement amount in any of the ICICI branches then the Bank would

issue settlement letter and NOC certificates. Several times I had

requested him for any of the documents of the Settlement letter but he

told me the same ICICI Bank rules which is not compared to any of the

Bank within India.

After several conversations, he sent me one E-mail on 21/04and

told me that settlement amount must be paid on that day itself. After

receiving this Email I had confirmed him and asked him why he

mentioned "Dummy Private & Confidential" in the subject line. He

informed me that after depositing the settlement amount I will receive

the print copy of settlement letter from ICICI bank within two days. As

per his request, I had deposited the settlement amount of Rs.40, 000 to

the Nager Bazaar branch of ICICI Bank on that day itself

(21/04). But two days later when I asked that person (Mr. Tarun

Monadal) for settlement letter and NOC then he told me I can ask this

issue to the ICICI Bank authorities and then he switched off the

mobile. I am forwarding this e-mail which I received from one of the

executives of ICICI Bank, 2B, Shambhunath Pandit Street) Mr. Tarun

Mondal with this mail for your kind perusal.

Now everyday several phone calld received by me from that ICICI Bank,

2B, Shambhunath Pandit Street and sometimes the caller was threatening

me either with some abusive languages or threatening me to take to the

court if I do not settle the dues. So, I am asking you why I should

settle my credit card dues two times?

I do hereby request you to look into the matter and send me original

settlement letter with NOC within this week otherwise I will be

forwarding this letter to the RBI and will also lodge a complaint to

them and am also requesting you to take stringent action against this

type of man who has recruited by the agency through your Bank.

Hope, you would do the needful at your end.

Thanking you.

Date:18/01

Yours faithfully

Biswamoy Mukherjee

Ashirbad Apartment,

Flat No:- 4L,

10, Jessore Road, Dumdum,

Kolkata-700028.

Mobile:9830085798

&&& Forwarded message &&&-

From: Tarun Mondal

Date: Sat, Apr 24 at 12:58 PM

Subject: Settlement later format.

To: [email protected]

Dummy Private & Confidential

DATE 21.04.2010

NO: AcctNbr/9401270094975005

BISWAMOY MUKHERJEE

ASHIRBAD APARTMENTS, FLAT NO-41

10, JESSORE ROAD

DUMDUM,

KOLKATA-700028

Subject: Settlement of dues on ICICI Bank Credit Card Account

9401270094975005

This refers to your discussion with the representative of the Bank.

In view of the exceptional circumstances as explained by you, we

confirm the acceptance of Rs. 40000/- Fourty thousand in 1 shot

installments as full & final settlement on the above mentioned card

account by cash./ pay order.

The above full & final settlement is being granted on a one-time basis

without setting any precedent and the settlement is valid only upto

26.04.2010 Thus timely payment is the essence of this settlement

offered to you.

Should any cheque/cash issued after the date of settlement letter be

dishonored or amount of any installment is not paid within aforesaid

due dates, the above settlement would stand null & void, and you would

be liable to pay the entire revised outstanding as per the current

status.

We request you to sign and acknowledge a copy of this letter as a

token of acceptance of this settlement offer and its terms &

conditions.

This communication is expressly in reference to the above card account

only and is strictly confidential.

Yours faithfully,

For ICICI Bank Ltd

Authorized Signatory


Company: ICICI Bank

Country: India   State: West Bengal   City: North 24 Parganas

Category: Business & Finance

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