Bank Home Loan
Standard Chartered Bank Fleecing home loan borrowers
I availed home loan from Standard Chartered Bank in 2004 (Loan account no.47438452) when their BPLR was 11.50% and the rate applicable on my loan was 7.50% (floating). Subsequently, SCB created a new reference rate called “Mortgage Variable Reference Rate” and linked the home loans to the MVRR ...