Sbi - Br - Ezee Car Loan Jan11 — More Interest rate applied than agreement

Address:Maharashtra

Dear Sir/Madam,

I had applied for CAR Loan to SBI in Dec 2010 and Get on 5th Feb 2011.

As per aggriment with me and SBI Bank and sanctioned copy they had given me SBI Ezee Car Loan by following terms and condition
CAR : Maruti Swift LDi ( On Road cost approx. 5.85Lac)
Loan Amount : 3.95 Lac
Tenure : 7 Years
Account Number[protected]
Name Mr. RAMESH VITTHALRAO GUND
Description BR-EZEE CAR LOAN JAN11

Repayment :
1 Year = 9% Fixed, Reducing balance
2nd and 3rd Year = 10% Fixed, Reducing balance
Rest of the years = 11% Fixed. , Reducing balance

Now I have seen online now it is showing 10.5%, I have given complain to Branch Manager and Told that there is mistake shown in online that you are applying more intrest than as per aggriment, they are unable to give answer only said that it is system generated and as per the system you have to pay. Now What can I do as per agriment I will pay . How to resolve this problem ? Bank Branch manager had taken 1 month and then said I am unable to resolve this problem and you can logged complains against SBI any where I am helpless.
Expecting solution from you.

Thanks & Regards
Ramesh V. Gund
Pune
Mob : [protected], [protected]
Was this information helpful?
No (0)
Yes (0)
Complaint comments 

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    State Bank of India [SBI]
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    27%
    Complaints
    27854
    Pending
    0
    Resolved
    7386
    State Bank of India [SBI] Phone
    +91 80 2659 9990
    State Bank of India [SBI] Address
    No.65, St Marks Road, Bangalore, Karnataka, India - 560001
    View all State Bank of India [SBI] contact information