3656.00 to your Card Account XXXXxxxx on 05-Nov-20 in accordance with Govt. ; Important information for ICICI Bank Visa Signature Credit Card members on the priority pass benefit. 4502.00 to your Card Account XXXXXX70 on 05-Nov-20 in accordance with Govt. However, in the case of credit card dues, the government has clarified that the outstanding as on February 29 will be eligible for relief. A borrower does not have to fill up any form or submit any proof. It is applicable for the period of March 1 to August 31, 2020. Any type of loan taken for home, auto, education, personal, consumer durables, credit cards, MSME, and other consumption loan is eligible for the compound interest waiver. 10118.00 to your Card Account XXXX3002 on 05-Nov-20 in accordance with Govt. I also got one message and I don’t have that account too. No paid Advertisement or promoted deals on Home page. I have contacted them, they told me there is a error with our system. We have credited an amount of Rs. New Delhi: The Reserve Bank of India (RBI) issued direction on Tuesday to all lending institutions to implement provisions of Scheme for grant of ex-gratia payment of difference between compound and simple interest for six months to borrowers in specified loan accounts (1 March to 31 Aug) and take necessary … 2 crore are eligible. 2 crores (aggregate of all the borrowings / facilities … With Click to Pay, you can now use Net Banking / Debit Card to make your ICICI Bank loan outstanding payments OR to pay yourICICI Bank Credit Card bills. But whatever credited that is the correct amount. i’ve also received 2 emails one with ₹ 70 & other with ₹ 0.7. at places near you, Get assured cashback on electronics, travel, food & groceries and much more, Get the best deals on airfare so you can spend more at your destination, Compare prices, features and more before buying and get the best value for your money, Exclusive offers for privilege banking customers, Exclusive offers for business banking customers, Now personalize your Debit Card as you like. To know more, visit https://www.icicibank.com/managed-assets/docs/p... the weirdest thing is i dont own any card with 2570. If the issue persists, please call our customer care numbers or submit a complaint. by sharing it with other members of the -- Created at 06/11/2020, 28 Replies - Dost and Dimes -- India's Fastest growing Online Shopping Community to find Hottest deals, Coupon codes and Freebies. On October 23, the government had announced the scheme for grant of ex-gratia payment … I have not taken any loan, credit card EMI or overdue payment in credit card. 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The ex-gratia payment will be credited to loan accounts by November 5. ICICI: Govt. Pay ICICI Bank Credit Card Bill For payments made through Click To Pay, we request you to make the payment at least 3 working days prior to the due date to avoid late payment charges. In Latin, ex gratia means “out of goodwill” or “from favor.” With this, ex gratia payment is understood as a payment to promote goodwill. The ex-gratia amount credited in the borrower’s account is very nominal and it will not make a significant difference for … of India’s grant of ex-gratia payment of difference between compound and simple interest for 6 months. To understand the benefits of Ex-gratia Payment Scheme, we have taken examples of home loans, personal loans and credit cards. 2 crores (aggregate of all the borrowings/facilities from all the banks and financial Institutions) for the period … Vote on deals, write your opinion and of India’s grant of ex-gratia payment of difference between compound and simple interest for 6 months. I got this email, I dont have any card with that number, thought I got it my mistake. We request you to try again after some time. I’ve always paid on time without any interest paid to the bank. Mumbai: The Reserve Bank on Tuesday asked all lending institutions, including non-banking financial companies, to implement the waiver of interest on interest for loans up to Rs 2 crore for the six months moratorium period beginning March 1, 2020. grow up dude.. Loans for consumption purposes (e.g., social ceremonies, etc.) We have credited an amount of Rs. The Kisan Credit Card (KCC) is an effective instrument for making agricultural credit available to the farmers of country. 4502.00 to your Card Account XXXX2570 on 05-Nov-20 in accordance with Govt. shared. What is the ex gratia payment to the borrower under the scheme announced by GoI? Interest Cashback has been announced for borrowers who opted for Moratorium on Loans/Credit Card Payments as well as those who did not. Banks are paying customers who had an outstanding bill amount as on 29 February 2020. ; Important information for ICICI bank Visa Signature credit card EMI or overdue in. The cashback scheme will apply to the bank 's privacy policy initiated by our World Government. Some time a clear moral obligation to make the payment, Questions issues and for! T be that high, same with me too also got one message and i don ’ t be high! Covid-19 ex gratia credit on my ICICI home loan statement, HDFC credit card interest rate is 14 % Rs... 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