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ICICI Car loan - very bad experience

This is a discussion on ICICI Car loan - very bad experience within the Loans forums, part of the Business & Finance category; HI, I have provided ECS mandate form for RBS alongwith the cancelled cheque. But the ECS is returned on 15th ...

  1. #1
    Junior Member
    Join Date
    Jul 2011
    Posts
    1

    Default ICICI Car loan - very bad experience

    HI,

    I have provided ECS mandate form for RBS alongwith the cancelled cheque.
    But the ECS is returned on 15th with reason: MANDATE NOT FOUND and my saving bank have charged me for ESC return.
    I called ICICI Car Loan and found that the Bank name is registered as ABN-AMRO instead of RSB.

    I have few questions:
    1. Why the ECS is returned, if all the formalities was done from my side?
    2. Why the ECS is failed and who is responsible for it.
    3. Why my bank registered as ABN-AMRO instead of RBS?
    4. Why I should bear charges from my saving bank account for your mistake?
    5. What are the next step to correct the entries?

    I visisted your branch at Noida Sec-61 and according to them, I have filled up the incorrect form. And re-submit the ESC mandate form will charge me cheque swap charge of Rs.500.
    Plese send me the scanned copy of the mandate form, if it is not correct.

    Praveer Kumar
    LANOD00023951716
    9810447998

  2. #2
    Senior Member
    Join Date
    Nov 2009
    Posts
    728

    Default Re: ICICI Car loan - very bad experience

    Hi,

    We have made a note of your contact details.We'll work to address your concern.

    Regards,
    ICICI Bank Customer Service Team


    Quote Originally Posted by praveerkumar View Post
    HI,

    I have provided ECS mandate form for RBS alongwith the cancelled cheque.
    But the ECS is returned on 15th with reason: MANDATE NOT FOUND and my saving bank have charged me for ESC return.
    I called ICICI Car Loan and found that the Bank name is registered as ABN-AMRO instead of RSB.

    I have few questions:
    1. Why the ECS is returned, if all the formalities was done from my side?
    2. Why the ECS is failed and who is responsible for it.
    3. Why my bank registered as ABN-AMRO instead of RBS?
    4. Why I should bear charges from my saving bank account for your mistake?
    5. What are the next step to correct the entries?

    I visisted your branch at Noida Sec-61 and according to them, I have filled up the incorrect form. And re-submit the ESC mandate form will charge me cheque swap charge of Rs.500.
    Plese send me the scanned copy of the mandate form, if it is not correct.

    Praveer Kumar
    LANOD00023951716
    9810447998

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