[Resolved]  Citibank - Home Loan — Fixed interest rate changed to floating

Citibank — home loan intrest rate

Respected Sir/Madam

I have taken a loan from citi bank under a/c no 1502383 of rs.800000/-on 21st june 2006 at the rate of 9.5% p.a
Within a period of two year the rate of intrest has incresed DRASTICALLY form 9.5% to 13.25% That comes arond more than 40%
and after repeated reminders and complaints they agreed at 12.75% from 1st april 2009

Although our finanace minister as well as RBI direction to amend/reduce the rate of intrest on home loan in this period of recession and tough time.

Still i am unable to under stand how the bank in taking much more intrest rate from compare to other banks such as SBI at the rate of 9.5% appx.

pls advice and check from ur end

NAVRATAN MAL BAID
8/1 LAL BAZAR ST.3RD FOOR
KOLKATA-700001
PHNOE:[protected]

sir, i am p.udayakumar loan a/c 413924 citibank as sanctioned housing loan on november 2004 for 21.7 lakhs 7.5% p.a. for 240 months emi 17481.00, for loan against land and construction but dispersed only 16 lakhs and said 5.7 lakhs will be given later. and i have been paying emi regularly and paid 9 lakhs in between and when i asked about the balance amount of 5.7 lakhs bank refused to give it. and now i prefer to close my loan amount but the bank people are putting penalty of 2% on 5.7lakhs. but they have collected emi for 21.7 lakhs tilldate[protected]. when i asked about this no one is responding correctly.
so i request you to advice me what shall i do in this regard.
p.udayakumar
[protected]

Citibank — did not explain charges while selling investment product

To make some investment I called Citibank Wealth Advisor Nitin Arora who made me purchase Birla Sunlife ULIP without explaining its charges pattern.First year policy charged 65% of premium paid. When I tried to contact Nitin to ask for clarification,he was never contactable.

Citibank — rate of home loan

I availed a Citi Home Loan and had asked for a downward revision of the rates by 1% as they were charging me higher than comparable loans to other customers. They agreed orally to reduce it provisionally by 0.5% and also said they will send a letter to that effect. He also promised a 0.75% reduction in writing.

Two weeks later another rep called me for a rate hike of 1.75%!! Several Citi / TCS e-serve employees called me over the last 3 or 4 weeks asking for confirmation to increase the EMI. I have asked for a foreclosure and they are still calling me for increasing the EMI. Is there not a review mechanism. RM, M, SM and many more designations have spoken to me without understanding the real issue.

Its time i got Citi out of my life.

Citibank — Home Loan Interest Rate

My Home Loan A/c No. 912561,
Please see how CITIBANK taking Interest on Home Loan ( 11.50 % )as others bank charged for 9.5 to 10.75 % Maximum.
Sunil Dixit
020 [protected].

telemarketing call for cedit card

constant calls from [protected], [protected] trying to see citi credit cards during work hours