Comments on: Real Story about an Investor who Fought for 9 months with ICICI Bank http://www.jagoinvestor.com/2010/02/real-story-about-an-investor-who-fought-for-9-months-with-icici-bank.html Financial Planning , Insurance , Mutual Funds , Investments Sat, 11 Feb 2012 17:08:32 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Manish Chauhanhttp://www.jagoinvestor.com/2010/02/real-story-about-an-investor-who-fought-for-9-months-with-icici-bank.html#comment-11074 Manish Chauhan Mon, 28 Jun 2010 17:01:40 +0000 http://www.jagoinvestor.com/?p=1020#comment-11074 Raja I am not sure why its happening , so you mean that you are not getting the follow up comments in your mail box even if you have subscribed . I will wait for your mail Manish Raja

I am not sure why its happening , so you mean that you are not getting the follow up comments in your mail box even if you have subscribed .

I will wait for your mail

Manish

]]> By: Rajahttp://www.jagoinvestor.com/2010/02/real-story-about-an-investor-who-fought-for-9-months-with-icici-bank.html#comment-11049 Raja Sun, 27 Jun 2010 07:01:53 +0000 http://www.jagoinvestor.com/?p=1020#comment-11049 Excellent suggestion. I'll do it that way and send you the article in a week or so. I am facing one issue with receiving notification on follow up on comment even after clicking the option (checkbox) to notify. Can you please check if it's a generic problem. Regards Raja Excellent suggestion. I’ll do it that way and send you the article in a week or so.
I am facing one issue with receiving notification on follow up on comment even after clicking the option (checkbox) to notify. Can you please check if it’s a generic problem.

Regards
Raja

]]> By: Manish Chauhanhttp://www.jagoinvestor.com/2010/02/real-story-about-an-investor-who-fought-for-9-months-with-icici-bank.html#comment-11032 Manish Chauhan Sat, 26 Jun 2010 17:33:41 +0000 http://www.jagoinvestor.com/?p=1020#comment-11032 Raja Definately , its a good example and a case . You can actually make the article as general topic about "Reading the guideline and fine print" and then add your example to add value to it . This would be a better way :) . What do you say ? Mail me Manish Raja

Definately , its a good example and a case . You can actually make the article as general topic about “Reading the guideline and fine print” and then add your example to add value to it . This would be a better way :) . What do you say ?

Mail me

Manish

]]> By: Rajahttp://www.jagoinvestor.com/2010/02/real-story-about-an-investor-who-fought-for-9-months-with-icici-bank.html#comment-11030 Raja Sat, 26 Jun 2010 16:59:21 +0000 http://www.jagoinvestor.com/?p=1020#comment-11030 Hi Manish, I want to write a guest post on your blog. Here is a brief of the topic. I had taken a home loan(30 lacs) from Bank A. One time payment for life insurance (for the diminishing loan amount -around 80k) was included along with the loan. After one year i transferred the loan to Bank B (including a new insurance). Cleared Bank A's outstanding including the insurance cost. Then I got pretty busy for next 8-9 month's setting up the new home. Then one day when i was flipping through the old documents i realized the insurance document had an option(in very fine print) to get back a part of the premium paid in case i'm pre-closing the loan. However on contacting the Bank A & their insurance arm, they flatly refused having any such option and tossed me back and forth between the bank and the their own insurance arm. I fought with them for a bitter battle for 2 month's. Then they agreed to give me back close to 35k :) Not bad, isn't it ?? to get back 35k of my own money just because i read the fine print in one of the documents which i should have read at the beginning. Do you think we can have a guest post on this topic ? Regards Raja Hi Manish,

I want to write a guest post on your blog. Here is a brief of the topic.
I had taken a home loan(30 lacs) from Bank A. One time payment for life insurance (for the diminishing loan amount -around 80k) was included along with the loan.
After one year i transferred the loan to Bank B (including a new insurance). Cleared Bank A’s outstanding including the insurance cost. Then I got pretty busy for next 8-9 month’s setting up the new home. Then one day when i was flipping through the old documents i realized the insurance document had an option(in very fine print) to get back a part of the premium paid in case i’m pre-closing the loan. However on contacting the Bank A & their insurance arm, they flatly refused having any such option and tossed me back and forth between the bank and the their own insurance arm. I fought with them for a bitter battle for 2 month’s. Then they agreed to give me back close to 35k :)

Not bad, isn’t it ?? to get back 35k of my own money just because i read the fine print in one of the documents which i should have read at the beginning.
Do you think we can have a guest post on this topic ?

Regards
Raja

]]> By: Manish Chauhanhttp://www.jagoinvestor.com/2010/02/real-story-about-an-investor-who-fought-for-9-months-with-icici-bank.html#comment-7091 Manish Chauhan Sun, 28 Mar 2010 14:59:51 +0000 http://www.jagoinvestor.com/?p=1020#comment-7091 Mail them for explaination of rules and cc to IRDA and also RBI . See what happens Manish Mail them for explaination of rules and cc to IRDA and also RBI . See what happens

Manish

]]> By: rahul kashyaphttp://www.jagoinvestor.com/2010/02/real-story-about-an-investor-who-fought-for-9-months-with-icici-bank.html#comment-7086 rahul kashyap Sun, 28 Mar 2010 11:54:20 +0000 http://www.jagoinvestor.com/?p=1020#comment-7086 m being by sbi to buy a ULIP of 50 k to sanction a home loan worth 20l..plus a FD of 1 lac.. dont want to do...as it offers the lowest ROI... m being by sbi to buy a ULIP of 50 k to sanction a home loan worth 20l..plus a FD of 1 lac..
dont want to do…as it offers the lowest ROI…

]]> By: erukulla sathyamhttp://www.jagoinvestor.com/2010/02/real-story-about-an-investor-who-fought-for-9-months-with-icici-bank.html#comment-6892 erukulla sathyam Tue, 23 Mar 2010 14:29:30 +0000 http://www.jagoinvestor.com/?p=1020#comment-6892 it is inspiring to know the way our friend fought back, here is another example of forced selling by a chit fund organisation in south. SHRIRAM CHITS PVT LTD A SISTER CONCERN OF SHRIRAM LIFE INSURANCE they both run in the SAME OFFICE AND SAME TABLE. When we are due to get a chit amount cheq which we save for a long time like 25months or 50 months shriram chits employee or agent will ask you or force you to take a ULIP OF SHRIRAM LIFE INSURANCE WITHOUT EVEN PROVIDING THE DETAILS OF THE POLICY IF you dont buy this then YOU WILL GET YOUR CHIT AMOUNT AS LATELY AS THEY CAN. THIS PRACTICE SHOULD BE STOPPED AND EACH ENTITY SHOULD HAVE THEIR OWN OFFICES SO THAT PEOPLE ARE NOT FORCED OR CONFUSED. it is inspiring to know the way our friend fought back, here is another example of forced selling by a chit fund organisation in south. SHRIRAM CHITS PVT LTD A SISTER CONCERN OF SHRIRAM LIFE INSURANCE they both run in the SAME OFFICE AND SAME TABLE.
When we are due to get a chit amount cheq which we save for a long time like 25months or 50 months shriram chits employee or agent will ask you or force you to take a ULIP OF SHRIRAM LIFE INSURANCE WITHOUT EVEN PROVIDING THE DETAILS OF THE POLICY IF you dont buy this then YOU WILL GET YOUR CHIT AMOUNT AS LATELY AS THEY CAN.
THIS PRACTICE SHOULD BE STOPPED AND EACH ENTITY SHOULD HAVE THEIR OWN OFFICES SO THAT PEOPLE ARE NOT FORCED OR CONFUSED.

]]> By: Jitendra Solankihttp://www.jagoinvestor.com/2010/02/real-story-about-an-investor-who-fought-for-9-months-with-icici-bank.html#comment-6627 Jitendra Solanki Thu, 18 Mar 2010 10:33:26 +0000 http://www.jagoinvestor.com/?p=1020#comment-6627 @ Manish Thats not difficult Manish.Every bank has a specific format of email ids.Just ask any employee and you will get to know the format. I know because i am an ex employee of HDFC Bank.................................................... @ Manish

Thats not difficult Manish.Every bank has a specific format of email ids.Just ask any employee and you will get to know the format.

I know because i am an ex employee of HDFC Bank…………………………………………….

]]> By: Manish Chauhanhttp://www.jagoinvestor.com/2010/02/real-story-about-an-investor-who-fought-for-9-months-with-icici-bank.html#comment-6525 Manish Chauhan Tue, 16 Mar 2010 12:12:41 +0000 http://www.jagoinvestor.com/?p=1020#comment-6525 RR Nice to get your comment . Would be interested in knowing how you got senior officials email id's and especially Mr. Kamath id ? Manish RR

Nice to get your comment . Would be interested in knowing how you got senior officials email id’s and especially Mr. Kamath id ?

Manish

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