[Resolved]  Axis Bank — Home Loan Interest Rate

Address:Indore, Madhya Pradesh

I had taken a home loan from Axis Bank (Home Loan Account Number PH[protected]. From the beginning only neither the bank has provided me any (PLR)discount nor asked me to deposit any amount to get my loan interest lowered. attached communication mail which I got as response from Axis Bank. They have turned all my allegations as baseless and in order to support their cause they are saying that bank is right. My question is why I was not informed about such things and why I am made to pay a higher amount when the amount could have been lowered. I am writing to you with the hope that my problem is solved and I am getting what is my right. Thanks&Regards, Pankaj Mehta Indore [protected]
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Aug 14, 2020
Complaint marked as Resolved 
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I have home loan from Axis bank. Whenever there is upward change in rates from RBI, they increase it immediately. However they don't do it in case of reverse rate cut. I have this option of shifting to another bank but i have taken insurance equal to my loan amount to cover the same in case of my death. This insurance is in the name of Axis bank. Please help either by giving tour existing customer good rates or giving me way out from this.

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