Bank account frozen
3 years ago
Bank has frozen my account due to non payment of credit card during Lockdown.
A.1) Please kindly mention which saving account is frozen for credit card account. I believe that the credit card account is frozen during the lock down
2) As per my knowledge your credit card account is frozen as you have not made the payments in the lockdown period but if you have already crossed the 90 days period slab, then this credit card account will be permanently blocked and you will not be able to use the facilities even though you will be making the full payment to them also subsequently your CIBIL score will decline.
3) You should have at least made the minimum balance due during the period of lockdown so that the credit card would be in the current working position and you could avail all the benefits and privileges of a credit card holder.
4) Even if from the date of bank statement of credit card if you would have paid within 60 days your card would be restarted by the bank……. kindly do check out and let me know as to how many days are lapsed from your last payment. If there is a chance to retrieve the card please do it. It is helpful in long run
If you realize my professional skills, the time & efforts put in by me needs to be truly appreciated, and then Please “CLICK MY LIKES/ THUMBS UP/GIFT” button shown below this reply format & also CLICK/ WRITE a “REVIEW” in 5 star as I have answered your query in detail. Do show me the entire set of documents & I shall be able to guide you more into this matter.
Your query is answered in detail. We can help you in getting done the same & Complete Legal Documentation works. Hope this information is useful
ADV. ANISH PALKAR (High Court)
2) As per my knowledge your credit card account is frozen as you have not made the payments in the lockdown period but if you have already crossed the 90 days period slab, then this credit card account will be permanently blocked and you will not be able to use the facilities even though you will be making the full payment to them also subsequently your CIBIL score will decline.
3) You should have at least made the minimum balance due during the period of lockdown so that the credit card would be in the current working position and you could avail all the benefits and privileges of a credit card holder.
4) Even if from the date of bank statement of credit card if you would have paid within 60 days your card would be restarted by the bank……. kindly do check out and let me know as to how many days are lapsed from your last payment. If there is a chance to retrieve the card please do it. It is helpful in long run
If you realize my professional skills, the time & efforts put in by me needs to be truly appreciated, and then Please “CLICK MY LIKES/ THUMBS UP/GIFT” button shown below this reply format & also CLICK/ WRITE a “REVIEW” in 5 star as I have answered your query in detail. Do show me the entire set of documents & I shall be able to guide you more into this matter.
Your query is answered in detail. We can help you in getting done the same & Complete Legal Documentation works. Hope this information is useful
ADV. ANISH PALKAR (High Court)
Helpful
Helpful
Share
Jagannath S Pawar
Responded 3 years ago
A.Plz send proper Legal Notice to the bank for unlocking your account..If it doesn't work you can initiate further proceedings. Thanks n regards
Helpful
Helpful
Share
A.They cannot do like that. You can approach Banking Ombudsman and Civil Court. You will succeed. It is highhandedness of bankers. Please give me Rank 5 if you feel my answer helped you.
Helpful
Helpful
Share
A.Proceed with the payment and unfreeze it. If you have availed the benefit given by RBI, you may file a claim petition/ or complaint at banking ombudsman
Helpful
Helpful
Share
Ayantika Mondal @ Prime Legal
Responded 3 years ago
A.Proceed with the payment and unfreeze it. If you have availed the benefit given by RBI, you may file a claim petition/ or complaint at banking ombudsman
Helpful
Helpful
Share
Rameshwar Dadhe
Responded 3 years ago
A.File complaint against them immediately
Helpful
Helpful
Share
Read Related Answers
Bank ke dwara 13 2 ka jawab nahi Dena
Dear Client,
According to Section 13(2) of SARFAESI Act, the borrower is required to repay the outstanding dues within 60 days from the date of the notice. If the borrower fails to comply with the not...
Money in account is put on hold by cyber cell
Dear Client,
When a cyber complaint is field on National Cyber Crime Reporting Portal (NCCRP) or in case of any police complaint, the Cyber Crime Cell directs the concerned bank to freeze the accounts...
Online job fraud
Dear Client,
Please register a complaint with cyber security for online fraud and scam. Complaints can be reported through helpline number 1930 or on National Cybercrime Reporting Portal. Or you can a...
Loan
Dear Client,
A co-applicant/borrower is equally liable for repayment of the debt if the principal Borrower fails to repay it and if after exercising all the steps for recovery of debt against the Bor...
Compassionate appointment
Dear Client,
The SBI rules can not be breached. it could be the policy of the bank to not hire anyone. Please check with the rules and guidelines for heiring employees
Read Blogs on Banking
Banking Lawyers
Find Lawyers by Location