Hello,
I am having a loan account with DeutschepostBank (earlier known as BHW homw finance). Floating
A/C No JAY/HOUSIN/010215
1 Change in rate of interest is not intimated properly.
2 When RBI increases BLR the rate of interest for the hous loan increases immediately.but if RBI decreses the lending rate then Bank doesnot decrease the rate of interest at all. Rate of interest is as high as 11.75%.
Please help how this could be solved.
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