Cholamandalam — complaint against cholamandalam bank for pre closure charges

manjunathg1977

from Bengaluru, Karnataka

Address:

Bangalore, Karnataka

SIR I HAVE TAKEN A HOME LOAN IN CHOLAMANDALAM BANK BANGALORE BRANCH IN 2012 AND NOW I WANT TO CLOSE THE LOAN THAT IS PRE CLOSURE AND I APPLIED FOR PRE CLOSURE LETTER AND THEY GAVE ME PRE CLOSURE LETTER WITH OUTSTANDING AMOUNT AND PRE CLOSURE CHARGES I REQUESTED THEM THAT ACCORDING LATEST RBI GUIDELINES THEY CANT CHARGE PRE CLOSURE CHARGES BUT THEY ARE SAYING I HAVE PAY PRECLOSURE CHARGES I HAVE NO OTHER OPTION SIR SO PLEASE HELP ME OUT

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Feb 18, 2015

Updated by manjunathg1977 SIR I HAVE TAKEN A HOME LOAN IN CHOLAMANDALAM BANK BANGALORE
BRANCH IN 2012 AND NOW I WANT TO CLOSE THE LOAN THAT IS PRE CLOSURE AND I
APPLIED FOR PRE CLOSURE LETTER AND THEY GAVE ME PRE CLOSURE LETTER WITH
OUTSTANDING AMOUNT AND PRE CLOSURE CHARGES I REQUESTED THEM THAT
ACCORDING LATEST RBI GUIDELINES THEY CANT CHARGE PRE CLOSURE CHARGES BUT
THEY ARE SAYING I HAVE PAY PRECLOSURE CHARGES I HAVE NO OTHER OPTION
SIR SO PLEASE HELP ME OUT