Saturday, November 15, 2008

ICICI Bank Fees/Charges

Have you been frustrated with crazy fees/charges from ICICI that don't make any sense?For example: fee for changing transaction or login password, counting fees, maintaining quarterly balance, account inactivity, etc.

Of all the international standard banks, I have found ICICI fees to be the worst and quite a few of them absolutely don't make any sense. I feel cheated when I get charged with those stupid fees for a couple of reasons. One, they are ridiculously high (Example: 400+ rs for resetting my password) and secondly, most of the time the customer is unaware of the fees until they get charged by ICICI.

Customer should know before hand if there are any fees/charges associated with any activity/task/request being made.
If you have been charged some ridiculous fees by ICICI, please comment with the details on the fees (amount and the name of the charge). I couldn't find a single place where ICICI lists all the various fees associated with a type of account.

I want customers to be aware of all the hidden fees that ICICI charges to customers before they consider opening an account with them.

UPDATE: Just got information from ICICI on all the fees associated with my account - http://www.icicibank.com/Pfsuser/icicibank/ibank-nri/nrinewversion/service_charges.htm

6 comments:

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