i would like to get a strong advice from all of my friends from here.........
I have a Credit card & Savisng account in ICICI bank. My credit card is overdue and pending for payment for 4 months. I had received many calls from bank's end and i requested for a settlement of my account. Once i received a call from someone said calling from Bank and said that bank settled your account for Rs-14250/- and you have to pay the same in 5 equal installments. Today i called to customer care i realized that was a fake call from collection agent. Now account is freezed by the bank. Can i go to court on the basis that bank didn't pass aany information to the customer and freeze the account.
Is there any RBI rules allowing Banks to Freeze the saving account on default of Credit Card Payment.
Please advice me urgently as i am in need of money......
Thanks & regards