From tHe desk of tUsHAR ..

Looking at the rising complaints against ICICI Bank, SBI Cards, and ABN Amro Bank, we request consumers to properly read their documents and keep a record when dealing with these banks, especially regarding credit card and housing loan. These banks are biggest defaulters and do not resolve consumer problems easily. Be aware of their terms in writing. Keep a perfect record of all correspondence with them. If they do not agree to written communication, immediately stop their services.

If any bank does not send you credit card statements in time, immediately close the account and terminate their services, as you will get a shock of your life when suddenly huge amounts are billed to you and fines are levied upon your account for non-payment of dues due to non-availability of account statements. ICICI Bank and Citibank is very famous for such extortions. They do not send account statements, and then charge fine/late fee when you fail to pay. Do not believe them verbally, they change their words late on and deny their verbal statements.

ICICI Bank has issued credit card to a person who expired 12 years ago !! This card was misused and the statement was sent to his alive son for payment of Rs. 36,000.