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since you had taken loan at floating rate, the bank is entitled to do adjustment with the interest rate and you can help little with that. in fact the banks are fairly reasonable in doing that...otherwise why are nationalised banks too charging increased rates for existing borrowers.
Mr. Sunil
Before existance to HDFC or any other pvt bank, poor Indians were exploited by Jemadars/Pvt Lenders now Pvt Banks have been replaced to Zimaders/Pvt Lenders and starting exploiting own countrymen.I agree with you, as a privilege customer they should n’t ask for addition FEE to reduce rate of interest that was considered illegal /unfair policy
Regards
Neeraj
Before existance to HDFC or any other pvt bank, poor Indians were exploited by Jemadars/Pvt Lenders now Pvt Banks have been replaced to Zimaders/Pvt Lenders and starting exploiting own countrymen.I agree with you, as a privilege customer they should n’t ask for addition FEE to reduce rate of interest that was considered illegal /unfair policy
Regards
Neeraj
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