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More ICICIDirect Stupidities – Purchasing a Mutual Fund, Growth Option

I have had a long running love-hate relationship with ICICIDirect for half a decade now. More hate than love. Their platform is closely integrated with the ICICI Bank online banking platform and that makes things very convenient. Of course I haven’t looked at what others like Share Khan & Reliance Money are doing now in 2009 [...]

ICICI Online Banking Flaws – RBI's EFT Discontinued

A few days ago I posted about changes to ICICI’s Online Banking Fund Transfer Feature, with a follow-up post on the same topic with additional details from RBI’s web site.

I had trouble with this service again yesterday. I have a loan from SBI and the landing branch is the one in Cyber Towers (Hi-Tech City), Madhapur, [...]

ICICI Bank Online Banking – Fund Transfer Changes

ICICI Bank has made some very big changes to it’s Online Fund Transfer service. It seems RBI has discontinued it’s ETF service and now only the NETF service is available. This means you can no longer transfer funds to banks and branches that are not yet on the NETF service. For example the SBI branch in [...]

Fidelity Mutual Fund & CAMS – SIP Application Rejection

On Feb 12, 2008, I walked into the CAMS office in MG Road, Secunderabad with a few Mutual Fund SIP applications and cheques dated Feb 15, 2008. Also included were ECS forms for the remaining SIP payments for each fund. It was 12.30 and the girls behind the counter were winding up for the day. The [...]

Axis Bank Web Site – Bad Programming!

This morning I visited the Gold Bullion section of the Axis Bank web site and decided to send in a request for information. The screen asked for my customer ID and then proceeded to ask for all sorts of other details like name, address, email, etc. This itself is stupid because I have already given my [...]