Canara Bank
Housing Loan

We had taken a housing loan from Canara Bank, Bangalore in the financail year 2005 -06. At the time of availing loan we had opted for Fixed rate of interest of 8.3%. We have continued to pay the fixed rate of interest for the past 5 years, however for the past 2 years the Bank has been insisting on the floating rate.

Inspite of repeated follow ups and visits to the bank they have not resolved the issue and are insisting on paying the extra amount of Rs.18, 000/-.

Request you to plese help me in resolving this issue as this has led to severe stress and discomfort for my mother and myself.

Company: Canara Bank
Country: India
State: Karnataka

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