I am having my Housing loan with INGVYSYA,
I enquired with customer care For Prepayment charges and Uniform intrest rate as per RBI guidelines mentioned in tthe articles refered in Economic times, Business Line,etc
But ING VYSYA replied as follows
we wish to inform that the articles mentioned in Newspaper are just recommendations at this point in time. Until and unless this gets finalized and we receive the circular from RBI on the same, there will be no change in the charges.
They are asking 3% pre closure penality. Customers of INGVYSYA suffering a LOT

why SBI,ICICI,AXIS,HDFC can implement ? ING VYSYA cant?
Whether INGVYSYA will follow RBI Guidelines or really RBI havent issue any circular or verdict like NHB?

Plz provide solutions to get rid of penalty charges

i have an existing loan from ing vysya loan account no.: 5500HL527624. the bank want to levy 3% pre-closure charges. bank like icici have waved out their pre-closure. this makes me assume that if icici can wave out these charges so can any other bank and this also could mean that the circular by NHB is put in practise by these banks. then why would ing vysya charge these charges and that too "3%". i have just closed 1 loan with icici and smooth experience. is there an authority to give people like me a solution against these bank??????? desperately seeking help !!!!!!
ShakeelMemon
9820093378

I am having my Home loan with INGVYSYA,
I enquired with customer care For Prepayment penalty charges Abolished for floating intrest rate as per RBI Monetory Policy -2012-2013 mentioned in RBI Site as well as reference the articles refered in Economic times, Business Line,etc

But ING VYSYA replied as follows
we wish to inform that the articles mentioned in Newspaper are just their views, But RBI announced as No prepayment charges for own source if switching over from one bank to other 3% ROI is mandatory, there will be no change in the charges.

They are asking 3% pre closure penality. Customers of INGVYSYA suffering a LOT

Whether INGVYSYA will follow RBI Monetory Policy or really RBI havent issue any circular or verdict like NHB regarding prepayment waiver irrespective of source?

Plz provide solutions to get rid of penalty charges