ICICI Bank levies penal charges without intimation – reversal requested by customer:

ICICI Bank levies penal charges without intimation – reversal requested by customer:

Dr.Boopathi Manickam of Madurai (psbmmba(at)yahoo.co.in) on 14-10-2009 – ICICI bank had debited Rs.365.00/- on 07/03/2009 as penal charges for Jan 2009 and Rs.358.48/- on 28/03/2009 as penal charges for Feb 2009 from the customer’s current a/c. without intimation about upward revision of monthly average balance. The customer complained to the branch manager many times orally and also in writing. Since no action was not taken, Dr.Boopathi posted his complaint in ICF on 14-10-2009 and got resolved by 23-10-2009.