I had opted housing loan from Corp Bank homes Ltd. Pune in 2000 under SARAL scheme in2000. Now the company merged in corporation bank. The bank is saying that saral was fixed rated scheme but sanction letter / loan agreement does not suggest that is fixed rate (14.5%).the loan was sanctioned in 2000 when there was no fixed / floating system. then how the bank is saying that it was fixed rate? the housing loan has come down sharply but effect was not given to the account the bank is using securitasation act to recover their dues. Lot of correspondence with bank not proper reply. Approaching to honorable Governor RBI hope he may help!!
GIRISH DOSHI PUNE A/c no 161 Kharadi Branch [email protected]
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