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Submit Complaint..Heard of few cases wherein SBI managers demand graft in cash or kind for home loans. This demand becomes bigger
For NRI and other upscale customers. Else be prepared for delay and harassment.
This is a discussion on SBI HOME LOAN at 13% within the Home Loan forums, part of the Loan category; Hi,I have availed loan from SBI, Secunderabad for Rs. 22,71,000 in March 2008. Crrently SBI is charging 13% interest on ...
Junior Member
SBI HOME LOAN at 13% Hi,I have availed loan from SBI, Secunderabad for Rs. 22,71,000 in March 2008. Crrently SBI is charging 13% interest on my home loan (SBI MAX GAIN). As per my agreement it is said that the floating rate is below 1.5% of SBAR and SBAR stands 14.5%. My home loan was floating from day 1. As I have enquired with many of the customers in SBI who have availed similar loan and at other banks too, this interest rate seems to be the highest in the country. For transferring my loan to IDBI/LIC who are charging 10.75%, they are asking for 2% penalty on takeover amount. What should i do with this? Please advice.Rgds,Rajesh B
Junior Member
Heard of few cases wherein SBI managers demand graft in cash or kind for home loans. This demand becomes bigger
For NRI and other upscale customers. Else be prepared for delay and harassment.
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