Dear All,
I took loan from LIC in August -09 at 8.5 ROI, and with in 3 months it has been changed to 10%.
As per my sanction letter its right as it was issued in month of June-09.
I want to complain that many collagues took loan in same month from LIC and they are still paying 8.5 ROI.
even after 3 months.
I tried to get the real problem and they told me that this rate is fixed for them for 3 years. I saw there sanction letter and there is no difference in my and there terms and condition.
Then why i should pay 10 %, it's completely nonsense LIC is making fool to people.
Today i am paying highr interest than any other bank. Please tell me how can i switch to other bank or to other plan where my Intereset can be fixed at 8.5.
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