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Submit Complaint..Hi,
We are sorry to hear about your experience.We have made a note of your account number.We'll contact you and work to address your issue at the earliest.
Regards,
ICICI Bank Customer Service Team.
This is a discussion on Fraudulent revision of Interest Rate - ICICI Bank within the Home Loan forums, part of the Loan category; Dear Sir, I have availed of ICICI Bank Home Loan (A/c No. LBMUM00001251772). I was paying an EMI of Rs. ...
Junior Member
Fraudulent revision of Interest Rate - ICICI Bank Dear Sir,
I have availed of ICICI Bank Home Loan (A/c No. LBMUM00001251772). I was paying an EMI of Rs. 15511/- and had a balance loan tenure of 49 months (at ROI 9.75%, which itself has been increased in Feb 11 only). I gave an application for increase of EMI to Rs. 33913 p.m so as to reduce the tenure to 20 months. After 15 days, I received the letter regarding change of EMI, however, they have increased the ROI in my case to 10.5% so as to change the tenure to 21 months. This means that just because I was trying to finish the loan earlier, they increased the rate of interest so effectively I am paying Rs. 33913/- as extra charges. Pse help me in getting justice!!
Last edited by vishalvats; 04-04-2011 at 07:58 PM. Reason: change of tags
Senior Member
Hi,
We are sorry to hear about your experience.We have made a note of your account number.We'll contact you and work to address your issue at the earliest.
Regards,
ICICI Bank Customer Service Team.
I am also having the same complain with ICICI Bank. The moment I repaid a part of my loan amount, they have increased the rate by 0.75 % , exactly similar to the previous post. This is rediculas !!
What can we do now ?
When shall the NHB order implemented.. NHB says w.e.f 20 Oct 2011 But HFCs dont Buzz Dear Team
My Homeloan Number is NHDEL00000803952
I did check with the ICICI HFC . They say " We are not instructed for any prepayment penalty waiver nor do we Know about same rate for all clients under floatig Rate"
When shall these NHB guidelines be acted upon. New Clients are being charged at PLR Less 7.5
My Rate is @ 11.75 (PLR Less 6.25)... When shall ICICI HFC revise my rate downwards.
Nitin gupta
9811866255
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