[Resolved]  Standard Chartered Bank — Interest Rate on OD A/c 36%PA

Dear Sir/Madam,
I have opened an OD account with the limit of Rs.100000/- in standard chartered bank in 2005 a/c no.[protected] with Rs.599 annual maintenance charges and interest rate 24%PA. But from Sept-08 they have increase interest rate 6%PA due to market loss but they also convince me when market up your interest rate automatically decrease by the banker. but they aug-09 also increase interest rate 6%PA so my OD a/c interest rate presently 36% PA. i already talk with banker but they don't ready for decreasing the interest rate. i unable to pay this huge interest rate. so i would like to you do the needful help regarding this.

Yours Truly,
Suresh Kumar
M.No.[protected]