Address: | Hyderabad, Andhra Pradesh, 500082 |
I (Sreedhar Babu Kanuri) is having a home loan account with loan code no: 00043529. And on 14th November 2018, i received a message saying that RBI has increased interest rate and hence my home loan rate is also increased.
Home loan rates changed in the last 1 year.
1) 8.95% on 13/07/2017.
2) 9.15 % on 11/04/2018.
3) 9.32 % on 11/06/2018.
After paying conversion charges of Rs 2500, interest rate reduced to
4) 8.85 % on 01/07/2018.
Without any intimation again interest rate increased to
5) 8.95 % on 13/07/2017.
6)9.10 % on 10/08/2018.
Now again on 15th Nov 2018. i got a message saying that interest rate increased due to rbi norms.
7) 9.35% on 15/11/2018.
I Just want to understand on what basis interest rates have been changed on 15th Nov 2018. i just need the rbi circular about interest rate increase.
I am asking for the circular of RBI in which interest rate hiked. But they are saying they cannot provide the information.
Thanks
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