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SBI Home loan interest rates are fraud

This is a discussion on SBI Home loan interest rates are fraud within the Home Loan forums, part of the Loan category; Dear Sir, One year back I have taken an home loan in SBI bank,the bank was offered the following interest ...

  1. #1
    satyasg is offline Junior Member
    Join Date
    Jun 2011
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    1

    Thumbs up SBI Home loan interest rates are fraud

    Dear Sir,
    One year back I have taken an home loan in SBI bank,the bank was offered the following interest rates :
    1 st year--->8%
    2 nd year---->8.5% etc .
    But when I check my loan account during second year the bank is charging 9% instead of 8.5% what the bank promised.
    The same 9% interest is accumulating in my loan account.
    I have lodged the complaint under SBI site also nsent personal email to the branch manager not getting any proper responce.
    Instead they keeps pushing us to various branches with nobody who can hadle our complaint. I am extremely disappointed by this unethical manner in which I have been cheated on the interest rate and the extremely poor service being met out to us. There is absolutely nobody we can approach who will solve our problem.
    Reghards,
    Satya

  2. #2
    gky2k2 is offline Junior Member
    Join Date
    Sep 2011
    Posts
    2

    Default State Bank of India Interest Rate Discrepancy

    I've taken a home loan three years back. My rate of interest is showing as 12.75%. But in the SBI's website, it clearly states that it's 10.75%. So, it's 2% higher. Whom should I contact to solve this problem, please help me.

    I've taken a home loan three years back. My rate of interest is showing as 12.75%. But in the SBI's website, it clearly states that it's 10.75%. So, it's 2% higher. Whom should I contact to solve this problem, please help me.

    I've taken a home loan three years back. My rate of interest is showing as 12.75%. But in the SBI's website, it clearly states that it's 10.75%. So, it's 2% higher. Whom should I contact to solve this problem, please help me.

    I've taken a home loan three years back. My rate of interest is showing as 12.75%. But in the SBI's website, it clearly states that it's 10.75%. So, it's 2% higher. Whom should I contact to solve this problem, please help me.

    I've taken a home loan three years back. My rate of interest is showing as 12.75%. But in the SBI's website, it clearly states that it's 10.75%. So, it's 2% higher. Whom should I contact to solve this problem, please help me.
    tnakhate likes this.

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