Hi,

My Home Loan Number is : LBMRT00001296460
Number of Months : 240 increased to 319
Laon Amount : 1000718
Availed : may 2006 at a rate of 8%.

I have availed the loan of 10,00718 lacs from ICICI home loan at 8% and started paying the installment from may 2006 onwards , But suddenly they have incresed the interest by 0.5 % from next month with out any notice , and gradually increse it now to 12% and they are not intimating to me.

Also they have increased the tenure from 240 months to 319 Months , if i call them they are not expalining properly , as per them we will have to pay the loan through out the life.

Also it is noticed that when ever the government increase the ROI , they increase on the same day/month, and if the govt decrease the ROI , they 2 to 3 months to reduce it.

Kindly help us , we are not clear what is happening.

As per the statement recieved by them , if i am paying 10262 as the EMI the principle amount is Rs 665 and the rest is the interest amount..

soft copy of homeloan statement attached for ur perusal please.

Regards,

maj deepak suyal
493/a
CME
phno: 9370935884 , 9923948175
pune31