[Resolved] ICICI Home Loan — increase of tenure without prior intimation | |||
Hi, My Home Loan Number is :lbmum[protected] Number of Months : 240 Laon Amount : 236000 Availed @7.5% I have availed the loan of Rs.2,36,000 from ICICI home loan at 7.5% and started paying the installment from April 2004 onwards , But they have incresed the interest by 0.5 % from February 2005 without any notice , and gradually increase it to 13.5% from july 2008 and they are not intimating to me. Also they have increased the tenure from 240 months to 365 Months without any intimation. And when iterest rates where gone down to 8% recently still they are charging me @13.5% As per the statement recieved by them , if i am paying Rs.2536 as the EMI the principle amount is Rs 105 and the rest is the interest amount.. Kindly help us , we are not clear what is happening. Regards, Ramjeet Yadav [protected] Was this information helpful? | |||
Aug 13, 2020 Complaint marked as Resolved | |||
4 Comments | |||
Comments
i have not yet received any clarification on the same.
Hello Ramjeet Yadav
Did you hear back from ICICI bank?
I am also a sufferer of the same fraudulent methodology. I took 33lac from ICICI bank in Dec 2009 for 240 months, now the tenure has been extended to 444 months!!!. almost double!!! They are such cheat.
My HomeLoan account number is NHNOD[protected].
Amit Khare
[protected]
Did you hear back from ICICI bank?
I am also a sufferer of the same fraudulent methodology. I took 33lac from ICICI bank in Dec 2009 for 240 months, now the tenure has been extended to 444 months!!!. almost double!!! They are such cheat.
My HomeLoan account number is NHNOD[protected].
Amit Khare
[protected]
Bank had sent me a letter and is asking me to pay charges for switching for lower interest rate, why shud i pay additional charges it is Banks duty to lower my interest rates as per market rate as i had gone for floating rate option.I wud like to get my interest rate to be changed as per market rate from the start, they are alrready cheating me since last 5-6 years, i request you to kindly readjust my account and minimize my remaining outstanding amount, so that i can close the same on immediate basis.
Regards,
Ramjeet
Regards,
Ramjeet
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ICICI Bank Towers, Bandra-Kurla Complex, Mumbai, Maharashtra, India - 400051
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We are sorry to hear about your experience.We have made note of your mobile number.We'll contact you and work to address your issue at the earliest.
Regards,
ICICI Bank Customer Service Team.