Bank Of India — r. shobha venkatesh, high commercial roi is charged while closing of loan a/c star housing loan no [protected].

Address:

Bangalore, Karnataka

Sir, i had availed siteloan under star home loan tl of rs 5, 99, 000/- in march 2006. I had promptly paid till today all the instmt without any fault. I've paid rs 1203092/ till today and went for closure, but mgr refused to close the loan saying commrcl roi is to be charged. Now after 12 yrs they are informing us. It is a burden for us to pay the extra comm roi and why we were not given any information regarding this, we would have made effort to close earlier. Actually the bank is charging 12.7% presently. Your roi on loan for comm property is 11.95%. So i request yourselves to solve our problem and allow to close the loan. We could not construct the house as the area is underdeveloped and no basic amenties were there. My contact no [protected]
My cint