Dear sir,

I have taken home loan from SBI , Delhi(Dwarka sector 12) on 6th april 2011 at . From sanctioning to disbursement I was told that my home loan interest rate during first year from the date of disbursement will be 8.75% (fixed) and interest rate during next two year will be 9.50 % (fixed) and after that floating interest rate will be charged . Now I am told that all my interest rate payment will be as per annexure-1 while at the time of disbursement it was told that only floating rate of interest will be charged as per the annexure-1 . In the arrangement letter it is clear cut mentioned that for three years interest rates are fixed. SBI has linked interest rates to base rates from 1st may 2011 and onwards, then why my loan is linked with base rate. We i.e me and my wife (co-borrower) signed on the annexure 1 only when the disbursing officer assured us that your home lone interest is fixed for three year and after three year annexure 1 will be applicable to you.

yours faithfully
anil kumar verma
09757398937
Mumbai
Home loan account No. 31699725410