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Submit Complaint..hi,
my case is same as your's.I had also taken loan from sbi at same conditions as where told to you but now they are charging me the interest rate of 10.5%.
Anil Kumar Verma
022 26157541
This is a discussion on SBI Home Loan Interest Charged more than agreement within the Home Loan forums, part of the Loan category; Dear sir, i have taken a home loan on 24th March 2011 in SBI Mahindra World city Branch. As per ...
Junior Member
SBI Home Loan Interest Charged more than agreement Dear sir,
i have taken a home loan on 24th March 2011 in SBI Mahindra World city Branch. As per agreement given, the interest rate should not change for the first year (8.75 %) but with in may 2011 it got increased to 9.5%. As i was in UK, i have sent mail to SBI Representative Mr. Rajesh (who provided home loan) about the increase in interest rate, but i am getting reply as " we are talking with higher official" and nothing changed so far, the same way, whenever RBI changes interest rate, my interest rate also increased, now interest rate applied on my loan is 10.5%. i have sent mail in Aug 2011 also, and after returning from UK, went personally thrice to branch. But nothing happened. Because of this interest rate change i need to pay extra Rs 21000
My details are
Name: Srinivasan Subramanian
H/L Account Number: 00000031683230899
H/L Account category: BR-SBI EASY H L JAN/11
Mobile Number: +918939915415
Mail: sriini@gmail.com
Thanks & Regards
Srinivasan Subramanian
Last edited by sriini; 12-28-2011 at 06:42 AM.
Junior Member
hi,
my case is same as your's.I had also taken loan from sbi at same conditions as where told to you but now they are charging me the interest rate of 10.5%.
Anil Kumar Verma
022 26157541
Last edited by Anil Kumar Verma; 01-04-2012 at 09:13 AM.
Junior Member
I am having the same problem. I have taken home loan in March-April 2011. At time of sanction they have told me that you will have fixed rate of interest for three years(8.75,9.5,9.5). Now they are charging me floating rate. Please help me if you were able to solve your problem.
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