BHW HOme Loan
Against the Floating Interest Rate CLause

Hi Im NRI,

I would like to highlight to the concerned people, i took a home loan from BHW 3 years ago, with Floating interest of 7.75% with the time it increased as an impact of RBI guidelines, and this increased upto 12.5% till last year August.

THE COMPLAIN is, as of today BHW is giving low intrest floating rate HOme loan around 9.9% to new customers but they are not ready to reduce my interest to 9.9%. The agreement says floating will increase and decrease as and when RBI decisions give such impact!!!

BHW is not bringing it down my floating rate which is 12.0% as of today to 9.9%.

THIS IS AGAINST THE FLOATING RATE CLAUSE!!!

Can someone help me in getting it enforced???