Axis bank home loan
LOT OF DIFFERENCE BETWEEN SAYING AND DOING

AGREEMENT No. 0420100098532 HOUSING LOAN FROM AXIS BANK LUDHIANA

I TOOK HOUSING LOAN FROM AXIS BANK, LUDHIANA IN OCTOBER-- 2009 ON FLOATING INTEREST RATE BASIS . AT THE TIME OF SANCTION OF LOAN AXIS BANK INFORM ME THAT MY INTERSEST RATE (FLOATING) WILL BE LINKED WITH BANK MRR. IT MEANS AS THE MRR INCREAES MY INTEREST RATES INCREASE AND RECIPROCAL. DIFFERENCE GIVE ME IS 2.75 % LESS THAN MRR.

BUT AT PRESENT AXIS BANK MRR REDUCE BY 1.5% (FROM 14.25% TO 12.75 % ) BUT MY INTEREST REDUCED ONLY BY 0.25 % (FROM 11.5% TO 11.25%).

WHAT IS THE SOLUTION .HOW I CAN SOLVE THIS PROBLEM. PLEASE HEPL ME. MY MOBILE NO. 9316917308 . MY EMAIL ADDRESS === v_somani@yahoo.com

Company: Axis bank home loan
Country: India

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