HSBC Bank
Interest on deducted amount

Dear Sir/Madam,

I was taken the Personal Loan from HSBC bank, which I was closed on 7/10.The EMI for the OCT month deducted from my account (HDFC bank) on 10/10 after closing the loan. When I was closed the loan at that time HSBC bank taken the interest on the amount from me for the days required for completion the process. But the ECS amount deducted from my account was submitted by HSBC after 25 days.

The question is this the bank can take the interest for the days required to close the loan, but bank cann't give the the interest on the amount deducted from my account. I was discussed with RBI but there is no response from anyone.

Hope that you will raise the same issue with HSBC and will do needful for the same. I hope that the interest for 25 days will get to me from HSBC bank.

Company: HSBC Bank
Country: India

  <     >