ICICI Home compliant
ICICI existing Home compliant

Dayanand
12-15-2008
114

To,

The Manager

ICICI Bank

Dear Sir,

Had taken a housing loan of Rs 500000 at Floating Rate of Interest from your Bank in JAN at an interest rate of 10.5 %.(Loan Account Number LBMUM00001699480.

On June- July the rate was revised and the period readjusted as per existing FRR/PLR.

I fail to understand when your bank is lending from past many months new loans for floating rate at 10.50%-11%. Why, I am being charged 12% rate of interest?

All bank reduce rate to @10% for new loan & exiting loan than why icici only charging 12%?

This is not good... we home loan customers are not getting our legitimate right of market based floating interest rates irrespective of being a best payer as well as a pretty business giver to ICICI. We are remarkably disappointed by this leisurely approach of ICICI with its customers like us. In the present circumstances nothing stops us as consumers to think for taking proactive steps and to shift our business to a competitor bank by switching over the existing home loans.

Such type of behavior of second biggest Bank in the country with customers like us I s making our belief of trust in you lost.

Did any know where to compliant against this banker? at RBI?

any consumer?

Regards

Dayanand Tukaram Patil