Comments
Even I have been cheated as I have a taken a home loan in 2007 with
8.5% floating rate and subsequently in around 2 years they increased it
to 14%. Even after the ROI across all banks was reduced, Reliance
capital has kept this unchanged and when I asked about it they offered
to reduce it by 1% and for this to take effect, I am charged a 0.5% on
the outstanding principal amount as switch fee. This is not just
outright cheating on customers but they are making money even in the
disguise of helping. Shame on Reliance.
8.5% floating rate and subsequently in around 2 years they increased it
to 14%. Even after the ROI across all banks was reduced, Reliance
capital has kept this unchanged and when I asked about it they offered
to reduce it by 1% and for this to take effect, I am charged a 0.5% on
the outstanding principal amount as switch fee. This is not just
outright cheating on customers but they are making money even in the
disguise of helping. Shame on Reliance.
Prashanta Kar.
[protected]