ICICI
Denying the Agreement for Change in Interest Rate

Hi

This is Amit Gupta. I have taken Loan from ICICI Bank for 20 lakhs Account No. LBMUM00001200289. Last year ICICI bank employees (Mr. Yusuf, J.B Nagar Branch, now shifted to Vasai Branch) persuaded me for a scheme which reduced my interest rates while paying some fees against it.

I went through following procedure

1. Agreement on a Franking document - which i have a copy

2. Opening an account with ICICI Bank - I deposited 10, 000 and started an Bank Account

3. Medical Insurance - They took cheque and didnt submitted, nor they returned back me the same ever

4. Additional Fee of 3339 - They took cheque and didnt submitted, nor they returned back me the same ever. I have the receipt for the same (dated - 24/02/10).

Now these guys are denying the change of interest rate inspite of they signing Legal Agreement with me. I have met the Branch Manager there Ms. Uma Pande (on 27/01) in regards the same. She says that we have not submitted the cheques for the Medical insurance and fees, hence the entire thing stands cancel.

Please advice me how can i get resolution in the matter whereby Bank is denying me lowered interest rate inspite of me

1. Having the signed agreement for lowered interest rate

2. Opening the bank account just because of scheme they had

3. Running around to get the agreement done

This is a open cheating case of the Bank with the consumers where they are denying their own signed agreement.

Regards

Amit

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

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