I had called from barclay loan Dept. that we are offering the loan at 0.98 % per month. Would you like to avail the same.
I agreed on it & had given the details. After some time I got the call that it was wrongly commited & its 1.1 % .But next moment the call was forwarded to other person & he said that's 1.2% per month. Which come to yearly 14.76 % p.a on 27/08/08.
Due to urgeny of the amount i agreed.
But when i received the amount & letter on 5/09/08 .I was shocked. Where it was 25 % p.a
After which I have loged the complain on 11/09/08 by calling callcenter & there is still no reply of the same.
This is the false pratice made by the bank.
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