Respected sir/madam,
I had applied for online ICICI Lomb. Insu policy in Aug 2007 which was cancelled within stipulated time. ICICI bank had credited the amt on the same date as per card statement dated 29 Sept 2007.Now they are asking me to pay interest amt. and are sending legal notices.Finally deducted amt from my SB account with them.\r\n1.Refer ICICI Lombard Gen. Insu. Endorsement for short period cancellation no. 4034/FNP/02577160/00/001 dated 4th Sept 2007 for my policy no.4034/FNP/02577160/00/000\r\n2.ICICI credit card (no.377041318090007)statement dated Sept 19,2007 where amount debited towards above policy on dated 29th Aug 2007 was credited on 31st Aug 2007,is shown\r\n3.However, the monthly statement were showing installments in following months for which I had drawn attention of their customer service dept who told me that it will not affect as the amt was already returned by ICICI Lomb.\r\n4.Bank had sent Demand legal notice of Advo. Hitendra Parmar dated Feb 18, 2011 was sent to me for recovery of Rs.11024/-\r\n5.I had replied all their letters/notices along with proofs to their Mr. Sandip Jalan on his email sandeep.jalan@icicibank.com (phone No.079-66308555) and their customer.care@icicibank.com and the matter is still pending with SJ.\r\n5.Suddenly on 21st May 2011, Bank had informed me that ICICI bank has exercised the right of Banker\\\\s Lien whereby they have Lien/charge over my saving bank account towards unpaid credit card dues., and deducted entire amount from my saving account with them without any pre information.\r\nHOW CAN THEY TAKE SUCH ACTION AT MY NO FAULT?\r\nI can attach the copies all my correspondence to the concern dept.\r\nPL LOOK INTO THE MATTER.\r\n\r\n-JASVIRSINGH