I have a home loan with ICICI bank- LBMUM00001782167.They have never missed an opportunity to increase the rate whenever RBI increased the repo rate and and in last 19 months have increased the rate by 3%.Now as per RBI guideline they are not agreeing and demanding pre payment charges of 2%.This is ver unfair to the customers as they have never taken a hit of rate hike and have charges us on immidiate basis.Now if we donot intend to continue our loan why should we pay pre payment charges?As per RBI guidelines of 19th Oct they should not charge us anything.I have approached them 2 times now and they are giving invalid reasons and delaying the process.I intend to write it to Banking Ombudsperson as well as RBI and escalate it to the media also.
SBI has agreed and so should ICICI bank now.