ICICI Bank Home Loan
Not reducing intrest rate

DEAR SIR/MADAM

I TAKE HOME LOAN OF RS.5, 73, 832 (RS.FIVE LAKHS SEVENTY THREE THOUSAND EIGHT HUNDRED &THIRTY TWO) AT 7.5% .NOW DAYS YOUR RATE OF INTREST IS 12.50%.THIS IS VERY HIGH COMPARE TO OTHER BANKS.ICICI BANK REDUCED 0NLY 0.5% RATE WHEN OTHER BANKS REDUCED 2 TO 3% FOR EXISTING CUSTOMERS.

IS THERE ANY SCHEME OF SWITCH THE LOAN FROM HIGH INTREST TO LOW INTREST .I READ IN NEWSPAPER & SEE NEWS IN CNBC/IBN7 TV CHANNELS THAT PAYING 0.5 %FEE ON OUTSTANDING LOAN AMOUNT BANK WILL SWITCH LOAN FROM 12.5% TO 9.75 % UPTO 31/04/09

PLEASE CONFIRM ME ABOUT THAT SCHEME

WE HAVE 200 GROUP OF COMPANY EMPLOYES FACING SAME PROBLEM OF HIGH RATE OF INTREST.

PLEASE PRESSURISE TO RBI &ALL CONCERN PEOPLE TO SLOVE THIS MATTER

THANKS & REGARDS

NITIN SATHE