Citi Bank
Home loan intrest rate

Respected Sir/Madam

I have taken a loan from citi bank under a/c no 1502383 of rs.800000/-on 21st june at the rate of 9.5% p.a

Within a period of two year the rate of intrest has incresed DRASTICALLY form 9.5% to 13.25% That comes arond more than 40%

and after repeated reminders and complaints they agreed at 12.75% from 1st april

Although our finanace minister as well as RBI direction to amend/reduce the rate of intrest on home loan in this period of recession and tough time.

Still i am unable to under stand how the bank in taking much more intrest rate from compare to other banks such as SBI at the rate of 9.5% appx.

pls advice and check from ur end

NAVRATAN MAL BAID

8/1 LAL BAZAR ST.3RD FOOR

KOLKATA-700001

PHNOE:09339970673

Company: Citi Bank
Country: India

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