[Resolved] State Bank of India, RACPC Branch Hyderabad — Low rate of interest told at the time of giving Housing loan but actually charged high rate of interest | |||
Dear sir I took a housing loan in April'11 from SBI RACPC Branch . The concerned manger told that rate of interest is fixed for three years i.e. 8.75 % for I year and 9.5 % for II and III years. But six months latter they send me the letter that it is floating from very first day. The letter of bank is attached here under. Sir, i am a service class person and it has affected my whole financial planning. I can not afford this, kindly help to resolve this. i have already communicated this to concerned branch but they did not reply. Please find the communication mails with the bank here under. Thanks and regards Akshay Akshay <akshay.[protected]@gmail.com> Sun, Dec 18, 2011 at 11:47 PM To: racpc.[protected]@sbi.co.in Cc: complaints.[protected]@sbi.co.in, helpline.[protected]@sbi.co.in Reply | Reply to all | Forward | Print | Delete | Show original waiting for the reply...... regards Akshay On 11/4/11, akshay sardana <[protected]@yahoo.com> wrote: > Dear Sir > > This is in referernce to below mail. > > I have been given loan at fixed rate of interest for three years and i > received the attached letter after six months which is not accepatable to me > as it is distubing whole of my future financial planning. However, it is > not my fault but banks duty to clarify the correct terms and conditions at > the time of giving loans and why should i be pennalized if correct > communication is not given from bank side. It is totally banks mistake and > not acceptable to me. > > The same has been written to bank via below attached online complaint > filing also. I can only continue with rate of interest agreed by me at the > time of giving loan i.e. whatever rate of interest agreed by me for I year: > 8.75 % and II and III year 9.5 % > > Kindly solve my issue . > > Thanks and regards > > Akshay Sardana, Ph D > > --- On Thu, 6/10/11, complaints.[protected]@sbi.co.in > <complaints.[protected]@sbi.co.in> wrote: > > > From: complaints.[protected]@sbi.co.in <complaints.[protected]@sbi.co.in> > Subject: Thank You for getting in touch with SBI > To: [protected]@yahoo.com > Cc: complaints.[protected]@sbi.co.in > Date: Thursday, 6 October, 2011, 2:43 AM > > > > > > FEEDBACK RECEIVED FROM CUSTOMER COMPLAINT > > Please receive details of form submitted by internet user on the SBI web > site . > > Complaint Ticket Number : CC[protected] > > Name : Akshay Kumar > 304, Brundhavan Apartment, Plot no 28-29, Geethanagar, Old Safilguda, > Hyderabad-56 > Account Number: [protected] > Branch Name: PBB ABID CIRCLE Hyderabad > Email : [protected]@yahoo.com > Phone No : [protected] > Mobile No : 8855591 > Product : Home Loans > Complaint : Bank Charges - Revised charges not intimated > Message : Sir, <&br<&br>&>& <&br<&br>&>& I have taken a loan from the above > Branch in April'&'&11. That time Chief Manager RACPC loan branch Hyderabad > told me that your Rate of Interest will be fixed like 1) 8.75 first year > and 2) 9.5 for II and III year and after that till will be > floating.<&br<&br>&>& Now, i received a letter from my branch on > 3<&br>&10<&br>&11 that they have carelessly metnioned wrong Rate of Interest > in loan sanction form that time and loan interest is floating right from I > month. <&br<&br>&>& Sir, i am shocked by this casually way of dealing the > SBI to his customer. Kindly look into the matter and advice further as this > new rate of interest is not accepatable to me. They have disburse me 15 L RS > till now from sanctioned ~ 38L. <&br<&br>&>& <&br<&br>&>& Thanks and > regards<&br<&br>&>& <&br<&br>&>& Akshay > --- Disclaimer --- The information in this mail is confidential and is > intended solely for addressee. Access to this mail by anyone else is > unauthorised. Copying or further distribution beyond the original recipient > may be unlawful. Any opinion expressed in this mail is that of sender and > does not necessarily reflect that of State Bank group. --- > -- Akshay Kumar, Ph D SBI letter.pdf 300K View as HTML Scan and download Was this information helpful? | |||
Aug 13, 2020 Complaint marked as Resolved | |||
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