| Address: 600043 | | Website: ABN ABRO CREDITCARD |
SIR I HAVE SETTLED FOR LAST STATEMENT FOR ZERO WHY I PAY PENALTY AMOUNT FOR BELOW DETAILS I ATTACHED LAST STATEMENT
Subject:- Settlement of outstanding dues in respect of The Royal Bank of Scotland in India (“RBS”) Credit Card bearing no[protected] taken by you from RBS.
1) That you had applied to RBS Bank for availing credit card facilities with certain benefits. That based on your representations oral and documentary, RBS Bank issued you the captioned credit card.
3) You are aware that RBS Bank has thereafter vide an Assignment agreement dated 30-Apr’12 assigned/sold /transferred, interalia, to in favor of Phoenix ARC Private Limited (Acting as the Trustee of Phoenix Trust FY12-6 Scheme A, ) the entire receivables in your credit card account. Phoenix ARC Private Limited has thereafter authorized us i.e Kotak Mahindra Bank Limited, on their behalf to collect the outstanding dues and also to do all acts/deeds towards the recovery thereof including legal actions to be taken relating to the outstanding dues, hence this mail.
4) From the accounts forwarded to us by RBS Bank, there is an outstanding amount of Rs.4852.[protected]/- due and payable by you as on 30-Apr’12 along with interest thereon @ 2% from 1-May’12 till realization/payment
We also wish to inform you about the legal status:
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At the outset please accept our sincere apologies for the inconvenience caused to you.
We would like to inform you that, we have raised the issue to our concerned division for having the same checked and we shall revert to you at the earliest. We request your co-operation in the interim.
For any further correspondence you may write to rard.[protected]@kotak.com
Assuring you of our best services at all times.
Thanks and regards,
Kotak Team