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26%
1.51 

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ICICI Bank - Covering the LOSS
Dec 12, 2005 09:30 PM 4063 Views
(Updated Apr 11, 2008 11:36 AM)

Phone Banking:

ATM Availability:

Internet Banking:

Customer Service:

BHANWARLAL


JAIN


603101270208


RAJESH


JAIN


603101270973


CONCEPTWORLD


CORPORATION


603105259590


ROHINI


DEVI


603101270210


ANITA


JAIN


603101271209


SIDDHARTH


JAIN BENEFIT TRUST


603101270998


SURESH


JAIN


603101270972


GAUTAM


JAIN


603101270996


YASH


JAIN BENEFIT TRUST


603101271031


SUSHILA


DEVI


603101270187


PINKY


GAUTAM JAIN


603101270997


RUMIT


JAIN BENEFIT TRUST


603101271030


MADHU


TRADING CO


603105259323


RUMIT


R JAIN


603101270971


MANVI


JAIN BENEFIT TRUST


603101271032


SNEHA


JAIN


603101270202


SIDDHARTH


S JAIN


603101270200


HRIDAYA


JAIN BENEFIT TRUST


603101272834


YASH


R JAIN


603101270974


MANVI


JAIN


603101271489


Suresh


Jain


603101153900


Madhu


Agency


603105261737


Vinod


Sharma


603101271141


& many more Accounts with our Sister Concern Madhu Stationers


We are having the above mentioned Savings Account, Current


Account & Trust Account with your Bank.


We had received a letter along with the Last Quarter


Statement that the Minimum Balance required will be increased from Rs: 5000.00


to Rs: 10000.00.


We will like to inform that when we opened all the above accounts


with your Bank the Minimum Balance required was  Rs:5000.00 & we think that the same should


be maintained for all the accounts opened during that period & there after.


We are surprised by your letter that for OLD accounts also


you want to increase the Minimum Balance required to Rs:10000.00 (100%


Increase).


We have calculated that you are charging Rs: 750.00 per


Quarter if the same is not maintained & that works out to 5% per Month or 60 % per Annum. (will your bank pay at this Rate for over


& above the Minimum Balance)


We are capable of maintaining Rs: 10000.00 but we object to


the same as we do not think it is LEGAL for old Accounts Holders.


Note: The Minimum Balance required was Rs:500.00 when it was


Bank of Madura your increased to Rs:1000.00 we remained silent, then your Bank


increased it to Rs:5000.00 still we remained silent. Now you are Planning to increase


the same to Rs:10000.00 – We will not be Silent NOW?


We are taking the above issue with Reserve Bank of India for


Harassment to ICICI Bank Account Holders.


Your Market Capitalization is reduced to by more or less by


50%, your Bank want to cover the same by increasing the Minimum Balance, Very


Sad.


How many Saving Account ICICI bank have, My estimate not


less than 10000000 x 5000 increase = 50000000000 (5000 Crores)


Your letters is also informing that if we cannot maintain


Rs: 10000.00, Close the account within 2 Months.


We request your bank to cancel


the plan for increasing the Minimum Balance on behalf of all ICICI bank Account


Holders; yes we will not be satisfied if you do the same for Selected Account


Holders.


We request Reserve Bank of India on


behalf of all ICICI Bank Account Holders to take appropriate action & Fix


Minimum Balance & Charges any  Bank


can Levy.


This Mail is been posted on my website https://sureshjain.com, https://mouthshut.com & information is been


sent to all publications like The Economic Times. The Hindu, Times of India etc


& Media live CNBC TV18 & NDTV Profit.


Complaint is filed with: Ombudsman, Reserve Bank of India (helpprd@rbi.org.in)


Please Note Consumer Power is no more in your Hands, it is


in the Hand of Consumer.


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