I have received a loan from ICICI bank with reference to their credit card issued to me. The amount is Rs. 1 Lac. and the EMI started from Feb-16.
I have paid the EMI to the credit card payment account through internet.
After the due date, ICICI bank called me for the payment. I explained them, i have received the loan based on the credit card and the EMI amount i have paid to the credit card 10 days before the due date.
Even after that, the bank charged me late payment charges of Rs. 500, interest......all put together Rs.902.
I have asked to waive the amount Rs.902, But there is no reply from bank side.
According to me, I have done the payment to ICICI credit card where through i have received loan. But from ICICI, they say, i have to pay the amount to Personal loan account no.
Ultimately, there was a transfer of amount took place from ICICI credit card internally. So, they should not charge any more. Its my opinion. The bank squeezes the customers, who is really paying the EMI with othere charges like this.
I feel very bad about this. Can we take legal proceeding for this?