[Resolved]  IDBI Bank Limited Home Loan, Mumbai — Increase in EMI for loan account no. [protected] (Anil Jain)

Address:

Mumbai City, Maharashtra

Hi,

I have sent several mails to Customer Care department of Bank however I am not getting any response on my request. The mail sent to customer care with a cc to Operations Manager Mr. Sujeet Kumar is pasted below for ref.:-

From: Anil Jain [mailto:aniljain.[protected]@gmail.com]
Sent: Monday, March 21, 2011 3:54 PM
To: [protected]@idbi.co.in; [protected]@idbi.co.in; sujeet.[protected]@idbi.co.in
Cc: Anil Jain
Subject: Re: Increase in EMI for Loan A/c no. [protected] (Anil Jain).

Hi All,

Its third day, I am still waiting for the revert.

Regards,
Anil Jain
On Fri, Mar 18, 2011 at 11:11 AM, Anil Jain <aniljain.[protected]@gmail.com> wrote:
Hi All,

I have availed the above mentioned loan for Rs. 41.41 Lacs in the month of August 2010. Initially the loan was disbursed at ROI of 9% which has been increased by IDBI Bank from time to time and now the latest ROI is 10.5%.

I understand that this incraese is dependent upon the market conditions, however if I compare my EMI at the time of disb. v/s my EMI applicable from April 2011, there an increase in monthly EMI for Rs. 5085/-. At the time of disbursement my EMI was Rs. 36248/- which is now revised to Rs. 41333/-.

I do not have any concern about incraese in ROI, however being a salaried person it is very difficult for me to pay the extra monthly burden of Rs. 5085/- that too in same financial year where I have not got any incraese in my monthly income. Since I am 33 years of age, I still have 27 years to retire from the job.

Hence I request you to please increase the tenure of loan instead of increasing the EMI so that I may be comfortable in repaying the EMI well on time and in regular course.

I hope you will consider my request and revise my EMI to lowest possible by increasing the tenure of loan.

Expecting a favorable and prompt response

With Sincere Regards,
Anil Jain
+91 [protected]
[protected]


I hope the above pasted mail is self explanatory.

Expecting a prompt and earliest revert on the matter.

With Sincere Regards,
Anil Jain
+91 [protected]
[protected]