[Resolved]  ICICI Bank Home Loan — HOME LOAN INTEREST RATE

Join ICICI Home Loan Customers http://finance.groups.yahoo.com/group/ICICIHomeLoanCustomers/

I am also loyal customer and also suffer lot from housing for ICICI bank in term of service as well process.
Also currently they are charging 11.5 % ROI for existing customer and it is higher than other banks.

Thanks
Rajendra

I request RBI to please take some action on GE Money home loan interest rates. They are charging the highest and moreover they are not reducing anything for the existing customers apart from various steps taken by the RBI and reducing RR and CRR. Dear RBI governer sir kindly take some action, because it is only middle class who takes home loans not rich class.apart from this they are sending the information to the customer from time to time and treat me as culprits

With banks Like ICICI bank unilaterally increasing rates often without any notice the costs often exceed the agreed to cost at the time of taking a loan.

A smart way to get out and ..

...stay out of high interest rates of banks is by using NBFC and private institutions which offer lower rates of 6.5 - 7.5%.

I changed from citibank ripoff rate of 12.5% to 7.5% from private finance company, saving 5% every year
as the rate is fixed for entire tenure of the loan.

If interested contact
Sujith [protected]


I'll be saving over 16.4 lacs over the next 15 years by changing over to private finance company.

RBI must act tough on ICICI bank. This is the bank which has much bigger customer base for home loan, any of the recent rate cut (repo/reverse repo) by RBI for easing interrest rates are not passed to the existing customer.
My in general suggestion to all home load seekers is that, they should go to public sector banks for home laons, you may land up spending more time in getting loan sanctioned but after that you would not feel any kind of descrimination old/new customer.