Axis bank ltd
Home Loan intrest charging higher without information/ delay information

Hi...

I have received communication from the Axis Bank Home loan dept. that revised home loan intrest for my home loan account. i have received the letter on 24th of may and letter date is 1st April. stating that my current rate of intrest is revised from 10% to 10.75%.

My question is why i should pay 55 days 0.75% interest charges to the bank. why they are communicate this much of late to us. Hight is that today i have contacted to the customer care center they are saying this is old now at present your rate of intrest is 11.5%.

please suggest me why these private banks are looting to the common man, where i have to approach for charging this much of higher home loan intrest. why i should pay to the bank.

please help me and guide me in this regards.

thanks n regards.

Balaji Borlepwar

Email id is:- balajiborlepwar@gmail.com

cell no:- 919341648880

Company: Axis bank ltd
Country: India
State: Maharashtra
City: Pune

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