ICICI Credit Card
Cancellation of Insurance Credit Shield

Business & Finance

Dear Sir,

This is to bring your kind attention that, I am holding an ICICI Credit Card No.4477 4780 9087 3005. Two months back some body from the bank called me and forced me to take the some Credit Shield Insurance will cost only Rs.99 per anum.

Since it is only Rs.99 is a small amount, i have agreed for the same. Whereas now they have started debited every month. Then I checked up with the bank, they informing that it is for next twleve months I need to pay.

I said if it is for next 12 months, I am not interested and you cancle this. Now they are informing, just to cancel also, I need to pay 25% of the premium amount as cancellation.

I am telling I don't want to use the service also, they are demanding 25% as cancellation fee.

As of now I have cleared all the dues of the bank and nothing is outstanding in my account. I am attaching the final statement copy for your kind perusal.

I request your kind intervention in this regard and help us in this matter.

Regards,

Sheshagiri Rao


Company: ICICI Credit Card
Country: India
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