Fed up of ICICI Bank
26 October 2009 | Read 2006 times | Comments (0) | recomended (10)
26 October 2009 | Read 2006 times | Comments (0) | recomended (10)
Rakesh from Mumbai said :
I took loan from ICICI bank in Dec 2005 at 7.25% floating rate. As the builder asked to pay the whole amount in 7 days, I had no option but go to ICICI. (Only ICICI could give the loan in 7 days). I was paying the interest rate of 12.75% as of Dec 2008, then ICICI decreased it to 12.25%. They increased the rates 5-6 times when ever RBI increased (even disproportionately) but never decreased. So I thought enough is enough. In Feb 2009, I started the process of switching the loan to SBI (8% for first year, then as per SBAR) along with few of my friends/colleages. Finally I closed my ICICI loan as of Mar 24th 2009. I will recover the pre-closure charges (2.25%) paid to ICICI within 6-7 months itself. I am so much at peace now. Next step for me is to close ICICI savings and credit cards. Best of luck to all the people who are still with ICICI.
I took loan from ICICI bank in Dec 2005 at 7.25% floating rate. As the builder asked to pay the whole amount in 7 days, I had no option but go to ICICI. (Only ICICI could give the loan in 7 days). I was paying the interest rate of 12.75% as of Dec 2008, then ICICI decreased it to 12.25%. They increased the rates 5-6 times when ever RBI increased (even disproportionately) but never decreased. So I thought enough is enough. In Feb 2009, I started the process of switching the loan to SBI (8% for first year, then as per SBAR) along with few of my friends/colleages. Finally I closed my ICICI loan as of Mar 24th 2009. I will recover the pre-closure charges (2.25%) paid to ICICI within 6-7 months itself. I am so much at peace now. Next step for me is to close ICICI savings and credit cards. Best of luck to all the people who are still with ICICI.
Recommend this review :
 |
 |
Comments on this Review(0)
ICICI Client said :
08 June 2010
ICICI home loan is a trap
08 June 2010
ICICI home loan is a trap
Brijesh from Delhi said :
11 September 2010
Hi Rakesh, Well said, the exactly sam case happened with me also I have offered a Home Loan on 7.25% from ICICI Bank in 2005. After some time the rate of interest increases they had given letter/information of increasing of interest rate and revise of
11 September 2010
Hi Rakesh, Well said, the exactly sam case happened with me also I have offered a Home Loan on 7.25% from ICICI Bank in 2005. After some time the rate of interest increases they had given letter/information of increasing of interest rate and revise of
Dhrubajyoti Das said :
12 February 2011
Mr. Rakesh should arrange to publish his grievances against ICICI Bank in all A-Grade Newspapers of India.
12 February 2011
Mr. Rakesh should arrange to publish his grievances against ICICI Bank in all A-Grade Newspapers of India.
Kova said :
13 May 2011
I totally agree with you , I did the same too , CLosed the Auto Loan , Credit card and Saving account i need to
13 May 2011
I totally agree with you , I did the same too , CLosed the Auto Loan , Credit card and Saving account i need to
Madhavi Awasthi said :
28 July 2011
ICICI sucks. They are cheaters. When I applied for loan they told me that they will give me furnising loan as well and only for this reason I went for ICICI than HDFC. They did not give me the furnising loan also they made payment after 15 days of promise
28 July 2011
ICICI sucks. They are cheaters. When I applied for loan they told me that they will give me furnising loan as well and only for this reason I went for ICICI than HDFC. They did not give me the furnising loan also they made payment after 15 days of promise
Trupti Thakkar said :
27 November 2011
I totally agree to you all I have applied for loan with ICICI bank and they had promised they will give me 80% of the cost (base price registration charges) but they have been hanging around with application. They come up everyday with one requirement o
27 November 2011
I totally agree to you all I have applied for loan with ICICI bank and they had promised they will give me 80% of the cost (base price registration charges) but they have been hanging around with application. They come up everyday with one requirement o
Kiran said :
22 February 2012
I beg every one please dont take loan from ICICI banks. They will rob you make you beggar and suck your blood till you loose everything. My sincere request to all those who have taken loans, credit cards please stop using they will rob you without your no
22 February 2012
I beg every one please dont take loan from ICICI banks. They will rob you make you beggar and suck your blood till you loose everything. My sincere request to all those who have taken loans, credit cards please stop using they will rob you without your no
Jagjit swain said :
30 April 2012
NEVER TAKE LOAN FROM ICICI BANK. THEY ARE A BUNCH OF THUGS WHO MAKE MONEY FROM CUSTOMERS. THEY ARE THE 1ST WHEN IT COMES TO INCREASING HOME LOAN INTEREST RATES WHEN RBI INCREASES BUT NEVER REDUCE WHEN RBI REDUCES. ITS BEEN MORE THAN 2 WEEKS RBI HAS REDUCE
30 April 2012
NEVER TAKE LOAN FROM ICICI BANK. THEY ARE A BUNCH OF THUGS WHO MAKE MONEY FROM CUSTOMERS. THEY ARE THE 1ST WHEN IT COMES TO INCREASING HOME LOAN INTEREST RATES WHEN RBI INCREASES BUT NEVER REDUCE WHEN RBI REDUCES. ITS BEEN MORE THAN 2 WEEKS RBI HAS REDUCE
-
Home loan
Home loans India Home loan interest rates SBI home loan HDFC home loan Home loan bank India Home loan EMI calculator -
Personal loan
Personal loan India Personal loan bank Personal loan interest rate Personal loan EMI calculator SBI personal loan HDFC personal loan -
Credit card
Credit card India Credit card bank India Apply credit card online SBI credit card ICICI credit card HDFC credit card -
|
||