[Resolved] State Bank of India / Home Loan — wrong interest charged and higher amount charged against HBL insurance

[Resolved] State Bank of India / Home Loan — wrong interest charged and higher amount charged against HBL insurance

M manmeet kaur from Kolkata, West Bengal

i have availed a loan for Rs.443000.00 in the month of march 2009 from sbi @8% for 240 months. the disbursed amount is Rs431000.00. they deduct a amount for Rs.12000.00 towards insurance charges but the insurance charge is Rs.10815.00, hence Rs.1185.00 should be returned to me or else adjusted with the loan account, but they didn't. And they are charging a EMI for Rs.3857.00 a month. The actual EMI @8% interest on Rs.443000.00 should be Rs.3705.00. I went to the manager and talk abt the matter but he didn't pay nay heed to me. In this circumstances what do i do please guide me. Was this information helpful? No (0) Yes (0)
Aug 14, 2020 Complaint marked as Resolved
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Comments

dipak kumar verma

from Noida, Uttar Pradesh

i am customer of sbi bank and on 03/12/2009 i withdraw an amount Rs.900 from lakshmi vilas bank atm, neither i got my money or reciept but the withdrawal amount has been deducted from my account.in this circumstances what do i do please guide me.