Bhavin R.

We opened two NRE accounts with ICICI bank at least 5 years back and maintained decent balances. In last few months, our balance fell under Rs 10,000. We were not aware about a small print saying that the account attracted heavy penal charges if the balance fell under Rs. 10,000. There was no reminder sent to us to ask us to increase the balance in excess of Rs. 10,000 when the balance fell under the threshold. This unscrupulous bank chose not to ask us to deposit the amount but ate away about Rs. 5,000 over a few months and completely finished our balance. This is an open day robbery.