[Resolved] HDFC Bank — Not giving benefit of reduced interest rate to Old Customers

[Resolved] HDFC Bank — Not giving benefit of reduced interest rate to Old Customers

A Anoop Natani

I have taken loan from HDFC around 5 years back in Floating Interest rates but they are charging me with a rate of 14 % p.a. and giving loan to new customers at 10.5 % p.a. and when i inquired they say that the interest rate will be as per RPLR of the company. i think this is not fair way of doing business and is cheating the public. Can anyone help me to show me the way to get justice on this. Was this information helpful? No (0) Yes (0)
Aug 14, 2020 Complaint marked as Resolved
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Comments

test00989

from Gurgaon, Haryana

This is really making fool of customer. Giving low rate of interest for new customer and not reducing and just increase for old customer. The new customer after some time will again face the same situation. The only one gets benefit of this is the bank.
Customer who try to get its loan nill in short duration are made to pay for excess duration due to not reducing lending rate.

uttam nayak

from Chandigarh, Chandigarh

Yes I agree with you. I am also vicitim of this private Bank. Always better to avoid private bank go for public sector Bank. Although a little problem involved in getting the loadn but atleast they don't loot.

m.n.saravanan

from Madurai, Tamil Nadu

Personal Loan — not reduce interest rate

i am m.n.saravanan citifinancial personal loan customer...my loan amt 80000/- emi amount 3367/-11 dues passed but interest rate is not reduced...and i need top up amount...pls call my mobile no:[protected].