[Resolved] Citibank Home Loan — too much of pre closure charges | |||
hi , i had taken composite loan from citibank ( home loan number 317463) out of Rs. 1646000 sanctioned i had taken only 7 lakhg rupee . all these days i promtly paid my emi's . now i have rs. 1.41 lakh left over . I wanted to close this money . When i have asked for pre closure letter they have put 2 % on whole amount even which is not dispersed . for 1.41 lakh rupees their pre closure charges are Rs. 25000 . When i asked them they are telling they are charging pre closure chages on the un dispersed amount . When i took the loan they have sanctioned it at an intereste rate of 9 %. now i am paying 12 % interest . Plz. let me know is it legal and ethical for a bank to charge pre closure charges on un dispersed amount my email id is [protected]@yahoo.com Was this information helpful? | |||
Aug 13, 2020 Complaint marked as Resolved | |||
Add a Comment | |||
36%
Complaints
1861
Pending
0
Resolved
670
View all 1861 Citibank reviews & complaints
+91 240 663 4653
+91 79 2640 4653
+91 79 2642 2484
Citibank N.A., P.O. Box No. 4830, Anna Salai Post Office, Chennai, Tamil Nadu, India - 600002
View all Citibank contact information
Post your Comment