[Resolved] Home Loan Interest Rates ABN AMRO Bank — Home Loan Ineterest Rates ABN Amro Bank | |
Though there is a lot of directives given by the 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% and on top of it they also charge a margin of 25%. Thereby making the home loan interest rate to be 13% when the SBI PLR is standing at 12.25%. This is very unfair to the home loan consumers. On the one hand, we have not been receiving enough salary hike to pay the increasing home loan interest rates and the on the other hand, banks like ABN Amro Bank are not willing to change their PLR. Is there no body monitoring these kind o[censored]nfair trade practices. Always the middle class has to suffer because of these kind of practices. Request you to please please help us. Regards Lokesh K V Was this information helpful? | |
Aug 14, 2020 Complaint marked as Resolved | |
 5 Comments | |
Comments
why not possiable for abn amro bank to reduce the rate of intrest on time even after the announcement.while increasing they did not delay at that time then why to reduce.
Reply
Yes true, I dont know why they are not reducing the interest rate. But while increasing ROI they will do it overnight.
I also agree with all of your comments. We should send this kind of fraud banks involvement and how they cheating customers info to all of our friends, collegues, and other relatives so that people will stop using any of the facilities from ABN AMRO bank. Even I know so many people stopped availaing any faciitly from fraud banks like this . Ans we shoul make people aware about this kind of fraudness..
I am also having loan with ABN AMBO, The same complain i have what you have, the bank is cheating customers, Req Some news chhennel can help in this, req anyone have any contact with news chhannle i strogly believe they will cover such story in big ways so that every one know and all bank also learn something from it.
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