I took a home loan from ICICI bank and was doomed from the beginning. I have taken a floating rate for my home loan. During the time of monetary tightening by RBI my rate shot up from 7.25% to 13.5%. For every increase in repo rate and CRR by RBI ICICI increased the rate by 0.5 and 0.75% ...
I would like to share the problem i faced with ICICI bank regarding home loan. I took the loan from ICICI bank in the month of apr 08 for 19 lakhs, for the tenure of 240 months (for 20years ) & monthly EMI was Rs 18, 970 at that time R.O.I (rate of interest) was10.5% in june itself again ROI ...
This bank offering very low interest during loan sanction. But as soon as loan utilised, they will start sucking blood. See in current scenarion, other banks are offering or reduced the rate at/to 10 to 10.5% but this bank has still 13%.It is very dangerous. If you have 20 Lacs Loan you will have ...
I am the seller of a property in Bangalore. All property documents / details had been provided to buyer before loan sanction. The buyer insisted that he would proceed with agreement only after he got it cleared through legal / technical team in ICICI. Valuation people came on Feb 25th or so. They ...
My Housing Loan Account is LBBNG00001426239. I am told by the branch where I requested for closure of loan and return of orignal documents, that my original sale deed is lost. Waiting for a formal communication from ICICI and to know the next steps from them. Ganesh [email protected] ...
I took home loan of around 21, 00, 000 at 10.25% in Apr.By July its increased to 11.25% and by Aug again increased to 12%. After that as RBI gave standard instructions to all the banks to reduce its come down to 10.5% in July. All these months from Aug till Aug it was at 12% and there is no ...