ICICI Bank
While taking loan told 15% for 3 yearss but after disbursement they are charging 17% for 4 years
- 06-11-2008
- 20
I have taken loan on my credit card.
While taking the loan i have been told that I will be charged 15%
reducing interest rate (inclusive of everything. no other service taxes)
for tenure of 3 yrs for 2, 83, 000 amount.
The call was also recorded.
But now when i saw my amortization schedule, it says
interest of 9.63% fixed for 4 yrs which comes to 17% reducing.
Company: ICICI Bank
Country: India