Arvind Parmar- Rate of interest of home loan Arvind Parmar- Rate of interest of home loan

3 years ago

I have taken home from state bank of India, in the arrangement letter issued by bank both options of rate of interest(1. Fix rate of option and (2) floating rate of option) shown but bank is is recovering floating rate of interest without my consent and i am paying more rate interest.

Kishan Dutt Kalaskar

Responded 3 years ago

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A.Dear Sir,
You may file representation if not considered then approach Banking Ombudsman or Consumer Forum.

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Ayantika Mondal @ Prime Legal

Responded 3 years ago

A.Hi,
Initially, you may visit the bank officials and ask for clarifications regarding the rate of interest.
However, it depends upon the terms and conditions of the loan agreement.
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Anik

Responded 3 years ago

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A.Hi,
You may visit the bank officials and ask for clarifications on the rate of interest,
However, more information is required regarding the terms and conditions of your loan agreement.
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