This is in continuation to my previous complaint registered on 26/03.ICICI has commincated to me regarding my auto Loand account. This loan was transffered from standard Chartered bank to ICICI in April. This loan is ready for closure but now after 3 years ICICI wants me to pay an amout of Rupees 1284/-.Earlier ICICI told me that this amount was pending from Standard Chartered when the loan was transffered. I have checked with Standard Chartered and according to them there is no amount of rs 1284/- pending on me on any account. ICICI has told me now that this is rate transfer chare which has to be paid by me. As per the loan agreement, my loan is on fixed rate and I have to pay a fixed EMI for the duration of loan failing which I have to pay some penalty charges. Nothing was mentioned about any rate transfer charges. I have been paying all my EMI's on time without a single default. Now when the loan is ready for closure ICICI has come up with this additional amount. Earlier I was told that this is pending from Standard chartered and now ICICI is telling me that this is the rate transfer charges which I have to pay.
As per my understanding I am not liable to pay any rate transfer charges to ICICI at the time of loan closure. I have paid all my EMI's.
ICICI is a cheat bank. I am being harrased by the bank to pay this amount for loan closure. Please highlight this fraudulent practise of the bank. I would like to move to consumer court on this. Need advice and guidance.
regards
Ashutosh
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