ICICI Bank
20/10 QABChgs, Jul-Sep08 Serv Tax93 DR INR 843.00

Hi,

Same complaint against ICICI is also listed o this site (from Mr. Abdul Hafiz Abdul Shakur Pathan)

Even my ICICI savings account was imposed the same transaction "ICICI Bank 20/10 QABChgs, Jul-Sep08 Serv Tax93 DR INR 843.00" on 20/10/08.

I sent out email to ICICI but no replies. Per their website, they should response within 24hrs.

How come any bank impose charges without the knowledge of the account holder?

Shouldn't all the charges & policies (along with the hidden ones) be explained diligently during the account opening process?

ICICI bank has mentioned that any new/modified charges is posted on their site (www.icicibank.com), but I was not able to find this charge.

We should definitely sue this ICICI bank for their bad business practices. It's no wonder that people dont trust this bank anymore, people withdrawing their money is fully justified. I am pretty sure that ICICI worst business practices are another major factor apart from the economic recession.

I have asked ICICI to revert the charges, will go to court if they don't rectify.