Dear Sir,
I have got sanctioned Rs.28 Lakhs Home Loan from SBI - RACPC - Bangalore. Now I am planning to go for registration and asked to limit my loan to Rs.19 Lakhs only. The bank is refusing to give fresh letter amending the Loan Amount and also they ask me to pay Rs.10,000/- for MOD charges.
MOD charges are applicable only for Loan amount greater than 25 Lakhs. Though my sanction amount is more than 25 Lakhs, I want to avail only 19 Lakhs for the final dispersement so how can the bank ask for MOD charges
Thanks,
Narendra. Was this information helpful? |
I P.Naveen Kumar working in BSNL Department, housing loan a/c no [protected] taken housing loan for Rs. 871000 in march 2010. On every month of 10th my monthly premium is been cut from icici bank account regularly. On 27 June 2011 I have applied for Extension of housing loan for Rs.4500000 due to repairs and wood work as the flat is more than 5 years old, from LB Nagar SBI Branch, Hyderabad. In July the revaluation and legal persons of your department have en cashed my cheque. But as on date i have not sanction the loan nor given any intimation. on enquiry with LB Nagar Manager (Sridevi) she is simply given date by date, the same matter is taken to the notice of manager also. but no action.
so kindly return mail me at [protected]@rediffmail.com and see that the loan may be sanction within a weak as I have already paid 50000/- rupees to the contractor for my repair and wood work.