I am scared of Citibank

They are the only bank in India which believes in me enough to give me a credit card.

I got a call today and the dude said that I have been an outstanding customer and they were offering me two things.

One was a pre-approved loan which I was obviously not interested in.

The other was a massive boost in the Credit Limit of my card. I asked for any hidden charges. He responded that Citibank does not do that and there are no charges.

I was still skeptical but went ahead. Told him to do the needful. I should now have a rather pleasing credit limit on my credit card.

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BANK OF THIEVES

Hi,

I took a loan of 72000/- 4 years back and I was paying an EMI of 2221/- per month, however some how i missed to pay 1 EMI. Now without informing me that I missed out an EMI they are telling me to pay 2221/- plus Rs. 9959/- as charges for not paying one EMI.

I think they want to recover their sub prime losses (losses they earned in USA) from their customers here in India.

Stay away from personal loans specially Citibank .

Cheers

Mani Sinha

i know about these kind of incidents... that is why i am not really praising citibank. i am just skeptical.

Our family has a bad record with Citibank. They sent my mom an MTV card which was free, and said it had loads of offers and free stuff on using it. Mom never used it.

They started sending bills after 1 year of inactivity. Said the card was free for one year, now pay. Took Dad about 50 phone calss and 10 letters to get the card cancelled. Had to pay around 2K for absolutely nothing.

i know about these kind of incidents... that is why i am not really praising citibank. i am just skeptical.

Our family has a bad record with Citibank. They sent my mom an MTV card which was free, and said it had loads of offers and free stuff on using it. Mom never used it.

They started sending bills after 1 year of inactivity. Said the card was free for one year, now pay. Took Dad about 50 phone calss and 10 letters to get the card cancelled. Had to pay around 2K for absolutely nothing.