Hello,

I have taken a personal loan from ICICI in the year 2009 tenure 48 months for Rs.2,00,000/- @ 23% pa. EMI of Rs.6410/- was deducted from my ICICI savings a/c every month. After repaying Emi's for 16 months i requested for foreclosure of the same, & i was surprised to know that they were charging me 5.52% as foreclosure charges which no other bank is charging. It was told to me that the same will be charged @ 3% when i applied for the same over the telephone.

With this I would like to inform all others that they should not fall prey & burn their pockets believing telecallers & should ask the same in writing.

Srinivas Hundiwala

Dear Srinivas,

We are sorry for the inconvenience caused to you. We have made a note of your loan account number and will be getting in touch with you soon in order to address your concern.

Regards,
ICICI Bank Customer Service Team.

Originally Posted by Unregistered

Hello,

I have taken a personal loan from ICICI in the year 2009 tenure 48 months for Rs.2,00,000/- @ 23% pa. EMI of Rs.6410/- was deducted from my ICICI savings a/c every month. After repaying Emi's for 16 months i requested for foreclosure of the same, & i was surprised to know that they were charging me 5.52% as foreclosure charges which no other bank is charging. It was told to me that the same will be charged @ 3% when i applied for the same over the telephone.

With this I would like to inform all others that they should not fall prey & burn their pockets believing telecallers & should ask the same in writing.

Srinivas Hundiwala