ICICI Home Loan
Wrong interest calculation

Dear sir,

This is in regards of my home loan with ICICI bank.

Bank has lots of hidden policy one of them i would like to explain you here.

1. My EMI cycle is 10th of every month.

2. I have made payment of 5lakh rupees on 26th. and bank has processed it on same day and it was deducted from my saving account too.

3. as per correct mathematical calculation i am suppose to pay interest on outstanding for 16 days and onoutstanding - 5L for 14 days.

4. But bank has taken interest on outstanding for full month and not given me any benefit on amount that i paid them early.

Please take this as a serious note and give me proper justice and stop all banks whoever are doing such faults.

Thanks

Mayank

(765550358

Company: ICICI Home Loan
Country: India
State: Maharashtra
City: Pune

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