How to close a OD against FD in ICICI

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Last Comment 2021-05-02

2021-01-13

for a urgent requirement, had taken a OD against one of my FD through icici netbaking . Though it did not meet my requirement since unlike other bank ICICI credited amount after 2 days and created a Current account for OD amount .

Unlike HDFC , Icici does not seems to have a Close Overdraft FD feature online .

How to close it ?

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https://www.desidime.com/discussions/how-to-close-a-od-against-fd-in-icici?page=1#post_7307012

ZitOO

2021-01-13

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icici people are clueless, they instructing me to visit branch is the only way to close a OD taken online . Called home branch, they checked and told , they can not find any FDs of my have lien on them but there is a OD current account .

https://www.desidime.com/discussions/how-to-close-a-od-against-fd-in-icici?page=1#post_7596943

akki.akki

2021-05-02

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hey.. did you find any way to close the overdraft account? @Need_Help @guest_999 @rohan8397

https://www.desidime.com/discussions/how-to-close-a-od-against-fd-in-icici?page=1#post_7597018

guest_999

2021-05-02

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akki.akki wrote:
hey.. did you find any way to close the overdraft account? @Need_Help @guest_999 @rohan8397

If the branch people can’t find it in their branch system then most probably it will need to be closed by their IT dept central office. Another possibility might be that instead of overdraft/OD acc it shows up as current acc in branch system which needs to be closed.

https://www.desidime.com/discussions/how-to-close-a-od-against-fd-in-icici?page=1#post_7597198

rohan8397

2021-05-02

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akki.akki wrote:
hey.. did you find any way to close the overdraft account? @Need_Help @guest_999 @rohan8397

I don’t know anything about OD bro

https://www.desidime.com/discussions/how-to-close-a-od-against-fd-in-icici?page=1#post_7597225

akki.akki

2021-05-02

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guest_999 wrote:
If the branch people can’t find it in their branch system then most probably it will need to be closed by their IT dept central office. Another possibility might be that instead of overdraft/OD acc it shows up as current acc in branch system which needs to be closed.

yes, as OP mentioned its showing as current account only. but dont how to close this.

although I have no plan to use OD/current a/c… so ICICI should not charge me anything..but still figuring how can I close this OR it will be automatically closed.

https://www.desidime.com/discussions/how-to-close-a-od-against-fd-in-icici?page=1#post_7597259

guest_999

2021-05-02

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akki.akki wrote:
yes, as OP mentioned its showing as current account only. but dont how to close this.

although I have no plan to use OD/current a/c… so ICICI should not charge me anything..but still figuring how can I close this OR it will be automatically closed.

Close the current acc as soon as possible, if icici has any charges for min balance in current acc then it can use OD facility of current acc to cover those charges which you will then have to pay as not paying will be equivalent to a loan default which will impact your cibil score. It is not like savings acc where if you do not pay charges for non-maintenance of min balance then the worst bank can do is refuse to open another acc in future under your name/linked to your name(in case joint acc).