Hi,
I have a question to ask experts here.
My father has taken HDFC car loan. First month HDFC tried to get EMI with the check submitted to it. Funds were insufficient in the bank (ICICI bank) and check bounced. Next day my father paid the first installment in cash + penalty applied. Few days later the bank deposits the check and withdraws the money again. That extra EMI taken in first month is not yet return to me from the bank.
Next month he gets call that ECS is not cleared, pls pay second installment.
I called CC in HDFC and the guy says pay the EMI + penalty.
Now, my question is I had completed every other formality with HDFC bank. All the forms were signed. First of all, if this is the case, why should I pay the fine for ECS, as I completed the formality from my end. Even, if there is problem in ECS with ICICI bank, this should be communicated to me in advance not at the last moment, where they will inform me with penalty. I am discussing the same with agent with whom I have taken loan.
I need your help to assess, that in this situation the bank should not charge me extra.

Thanks,
Amit