ICICI Bank
Home Loan

I just want to share with you one of my very bad experience with ICICI bank …. I have availed Home loan of Amount Rs 800000/- in the year 2004 at 7% of interest rate for 15 years… Now they have increased it to 12 % and for 25 years tenure. They have not intimated me regarding this.. I got Letter from Icici bank in the month of sept. that your EMI has been increased from Rs. 7192/- to Rs. 7962/-..but it was not mentioned any where that your rate of interest has been increased…. I am also now getting phone call every day from the 3rd party (Recovery cell) that Rs 3856/- is pending with you & you have to pay it … When I insist for details they are providing me the reason that your rate of interest has been increased from the month of May, but I was shocked to hear that as I have already got letter from bank that your EMI has increased from the month of Oct…

Sir / Madam, I am now getting calls from 3rd party daily, but they are not providing me the details in written. So can you please guide me what to do in this case, as I am unnecessary harassed. Also they have increased interest rate from 7% to 12% in just 3 years..

It will be your most kindness...

Company: ICICI Bank
Country: India

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