HSBC Bank
Interest on HOme Loan

Dear Sir, letter dated 10th December of HSBC says, the home loan interest is reduced by 9.75% and the rate is applicable from 9th December. Even I received 2 calls from phone banking officer of HSBC asking for the confirmation of the interest rate. which I confirmed verbally.

Today I received another letter, which says, home loan interest rate is increased @ 11.75% and the rate is applicable from 15th December. For this I have not received confirmation call from bank. Without my confirmation, HSBC increased the rate.

In the past also they increased the home loan rate without intimating me and when wrote to RBI Obatsuman, they replied to my query.

Please help me on this issue.

awaiting your earliest reply.

Seli Mathan

Mobile : 91-98201-37963

Company: HSBC Bank
Country: India
State: Maharashtra

  <     >