[Resolved] ABN AMRO Home Loan — ABN AMRO HOME LOAN INTEREST RATE | |
Even after the involvement of RBI to control the recesion problems, banks like ABN AMRO still taking attitude to make suffer the cutomers.even after giving lot of directives from Finance Ministry to the banks, we find that the banks are still not reducing the home loan interest rates. Though SBI PLR as at 1st Jan 2009 stands at 12.25%, ABN Amro Bank is still maintaining ABN PLR at 12.75% . Please mkae aware about this facts to all cutomers, so that people should aware this fraudness of banks Was this information helpful? | |
Aug 14, 2020 Complaint marked as Resolved | |
 6 Comments | |
Comments
Yes. Even today (mar 2010) the floating interest rate for the existing customers is 12.25% when all other banks are offering in the 9% range.
Beware of such private banks.
Beware of such private banks.
I agree even in 2010 the rate of interest has not decreased and there is no provision of reducing the interest rate either. Many banks are offering schemes to convert the existing home loan at lower interest rate. Its very frustrating, these banks are big time cheaters and frauds. RBI should take action against them.
ABN AMROs grievance redressal page sucks. It keeps on throwing incorrect entry and the page has been created to frustrate the consumers. I tried 15 times but could not enter one grievance. OMG... is this the way these companies work... horrible. http://mail.abnamrobank.co.in/gr/grievance_redressal.asp
I completely agree with whatever mentioned in the prewvous posts. I deeply regret my decision to go with ABN Amro (which is now RBS). The interest rates are way above normal rates and there is no ONLINE facility to know how much is pending/paid. Last week, I went to prepay some portion and I was just made to stand for 30 mins waiting, writing cheques and answering their questions. They did not even have a seat to offer (Bangalore, UB City branch). On that day, I had asked a simple question on how many installments are pending. They franatically searched for 10 minutes and came back and told that "We will get back to you".
Take over by RBS has not changed anything. Infact, it imade customer experience worser
Take over by RBS has not changed anything. Infact, it imade customer experience worser
I totally agree to your point. RBS Bank is doing daylight robbery. .They treat customers like stray dogs . I happened to go to their looting department (officially named as home loan section ) for preclosure of my loan . I had to STAND for AN HOUR for my turn (There are no chairs !!! Poor bank officials should be treating their guest at home in similar manner for they know only to loot !! ).
The only time I have seen them talk politely was when there executive approached me to go for the home loan with them .
At RBS Home finance section you will only find some mechanical roberts who does'nt understand anything about interst (infact they are trained to pretend so) . They have only one response for any querry "NOT POSSIBLE" .
Friends, if you have self respect and value for your money never ever go in for any sort of relation with RBS
The only time I have seen them talk politely was when there executive approached me to go for the home loan with them .
At RBS Home finance section you will only find some mechanical roberts who does'nt understand anything about interst (infact they are trained to pretend so) . They have only one response for any querry "NOT POSSIBLE" .
Friends, if you have self respect and value for your money never ever go in for any sort of relation with RBS
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Intially ABN AMRO offers low INTEREST RATE to attract customer. Many hidden condition in loan agreement. Interest rate increased whenever they like to increase.
Never come down easily. Customer Relationship Manager is not upto expected.
Beware of these fact before taking loan from ABN AMRO