Citibank — Excess billing on card No: [protected] | |||||
Citibank is telling that Government has introduced New Rule that they should charge 15 % tax on the interest for old loan ST 14%, SBC 0.5%, KKC 0.5%. But they are referring an existing rule 65B(44) of the finance act for the period 1.07.012. Actually the rule exists at the time of loan sanction itself, but they are not said anything about this in the loan agreement. Now all of a sudden from November 2016, they put extra tax on the prompt payers like me. They are not at all agreeing for reducing interest on the EMI at all. They are simply charging extra and extra interest. This is against the Banking rule and the loan agreement . I am not liable to pay this extra tax and related charges. Was this information helpful? | |||||
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Citibank customer support has been notified about the posted complaint. | |||||
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I have made feb 2017 bill payment and still the feb month bill amount have been included in march 2017 bill amount. Ref no for the bill payment is attached . Please validate this asap...
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