Home loan / vijay bank
Home loan

I have take 2 home loan from same bank that is Vijay bank one loan i have taken in the 2008 and the other in march and for 1 st loan iam getting charged at flat 10% for term 10 yr loan amount -528, 000 the 2nd loan amount is 9, 40, 000 but now they are charging 2.5 % to 3.5% extra as 2nd home loan for-eg- when the base rate is 10 % floating they where charging me 12 % to 13 % iam not able to understand their calculation each and every month there is a hike to 2% iam paying 12, 000 EMI and out of that 10, 000 iam paying interest and according to them its not under the control of RBI. RBI olny controls the Base rate below that they cant issue and there no control on the upper limit intrest rate

Kindly suggest what can be done as the EMI is killing me

Regards

Anand Rao

91 9892049405

Company: Home loan / vijay bank
Country: India
State: Maharashtra
City: Mumbai City

  <     >