Citibank — miscommunication on loan terms in phone approval

Address:600117
Website:www.citibank.co.in

I was offered a loan amount of 300000 inr via my credit card and it is communicated and approved through ivr. During my communication with the citi phone officers, no body no where mentioned about applicable service tax gst for loan interest. I was communicated an emi of 10400 inr for 36 months and additionally they informed only about the processing fee of 1500 and service tax for processing fee which is 225 rupees. I was shocked to see extra tax amount in my statement and when enquired about the same to citi phone officer, double shocked to know it is gst for interest amount applicable for all month emi. Being a long term customer of citi bank, i feel like cheated and fooled by the citi bank customer service team in this regard. Request the management team to consider this request and provide a solution.
Was this information helpful?
No (0)
Yes (0)
Citibank customer support has been notified about the posted complaint.
Complaint comments 

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    Citibank
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    36%
    Complaints
    1861
    Pending
    0
    Resolved
    670
    Citibank Phone
    +91 240 663 4653
    +91 79 2640 4653
    +91 79 2642 2484
    Citibank Address
    Citibank N.A., P.O. Box No. 4830, Anna Salai Post Office, Chennai, Tamil Nadu, India - 600002
    View all Citibank contact information