This is a discussion on HDFC Home Loan within the Home Loan forums, part of the Loan category; Dear Sir, I have taken Home Loan from HDFC in 2002-2003 on account no. 240577703. The interest has gone drastically ...
Dear Sir,
I have taken Home Loan from HDFC in 2002-2003 on account no. 240577703.
The interest has gone drastically up during year 2004 to 2008 to 15%, after 2008 the interest rate fall down to 9%.
As per RBI guideline HDFC should inform customer, but till date I have not received any communication from HDFC change in interest.
Do RBI is having any vigilant body to check this kind of malformed practice of Home finance company?
Pls. guide.
Last edited by utpal.desai; 12-16-2009 at 11:29 AM.