ICICI Bank
Extra interest without reason for 2nd time

Miscellaneous

I am making a complain about charging of interest under the installment appropriated on 1st March 09. The installment amount is fixed at Rs. 48403/-, out of which an amount of Rs. 1521/- was charged towards interest for feb 09. This is despite the fact that a flexi account no 629705014203 associated with it is fully funded to the extent of loan outstanding except from 21st Feb 09 to 23rd Feb 09 (3 days) duirng which it was overdrawn to the extent of Rs. 64581.26. If you calculate interest on the said overdrawn amount @12.75% for 3 days, it comes to Rs. 67.67 only (64581.26*3/365*12.75%). Please reverse an amount of Rs. 1453/- immediatly.


Company: ICICI Bank
Country: India
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