2 wheeler loan
The bank misleaded me about E.M.I. rate of interest
- 03-26-2008
- 149
I purchased Honda Unicorn on 08/02/08 on loan form HDFC bank from Chembur, Mumbai. The showroom agent (HDFC bank) told me that bank interest rates are 11.5%, I was ready to pay the installment, so I signed all the documents. The bank agent didnot gave me any acknowledgement regarding the loan & the most important thing is the rate of interest is more than 35% at actual. So the conclusion is the bank agent lied about the rates of interest & I want to ytake strict action in this case.
Company: 2 wheeler loan
Country: India