India Investment, Stocks, Credit Card and Retail Forum

Credit Cards / Loan Products in India => India Credit Cards / Personal & Business Loans => Topic started by: nikhilkala on July 21, 2010, 04:51:27 PM

Title: CREDIT CARD SETTLEMENT HELP
Post by: nikhilkala on July 21, 2010, 04:51:27 PM
Dear Sir,

I want your help in settling my SBI Credit Card Number 4317 5757 0440 3816. Today i have spoken to them and as per them my outstanding is Rs.126000/- approximately. this card was closed in the year 2005. I am ready to pay any acutal outstnading amount on it.

looking forward for your help in this regards.

Thanks and regards

Nikhil Kala
Title: Re: CREDIT CARD SETTLEMENT HELP
Post by: cardbhai on July 21, 2010, 08:26:23 PM
1. Write to the Banking Ombudsman saying you have closed the A/C in 2005. You don't mention if A/C was closed with full payment or not. So what was the status ? Get the Detailed A/C statement from SBI and then we can look at it.

2. How come in the last 4 years you received no Bill or Call from SBI ? I find it hard to believe when you guys say that.

3. Get your CIBIL Report and see what's there in it. Very likely it is damaged but to what extent ? Visit Cardbhai.com for details on getting your CIBIL report.

Best