i took a personal loan from Fullerton finance..i have applied online in fullerton finance their executives told me they will charges a flat rate of 15 to 18% p.a.. i believed their words and signed blindly the agreement, not seeing the rate of interest.. after sighing the agreement 10 to 15 days later i got the cheque. in that they have deducted insurance charges of upto 7000. its ok, but the rate of interest they have charges is almost 27% flat..in this matter can i do something to reduce the interest rate..over all for 1 lakh they r charging Rs.44504/- for 24 months excluding insurance..insurence they have cut directly while giving me the cheque.i have received a cheque of rs.91006/- only.. kindly suggest me something..

thanking you

sujatha
Mob.9901449230
Raichur
karnataka