[Resolved] Syndicate Bank — Penalty on preclosure of home loan | |||
Hi, I had taken home loan in Syndicate Bank in 2006 and in 6 Sep 2011 RBI has announced that there should not be any preclosure penalty on home loan with Floating Interest Rate (Action number 10 at http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=25012). Even after showing the press release, Bank manager is not levying the penalty charge of 2% for the existing principal amount. Bank has been adding some intermediate extra charges like Ins Premium, Inspection Charges, EC Charges, Valuation Charges, RN Charges and they directly add this charge to the existing loan account and interest rates will also be added for these charges. When inquired about it by visiting the Bank (no complaint letter), Bank staff said that "As you have Internet banking facility, you should be keeping track of it, we cannot inform everyone". Thanks & Regards, Chandre Gowda Was this information helpful? | |||
Aug 13, 2020 Complaint marked as Resolved | |||
 2 Comments | |||
Comments
Correction : Instead of "Bank manager is not levying the penalty" should be read as "Bank manager is charging the penalty "
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Problem in pension
Under one rank one pension act I should be getting ₹17010 as my monthly pension but instead I am getting only 16160. I had also filed a complaint personally against this matter dated 19 april 2016 and a reminder had also been given dated on 17 may 2016 but i have not got any response till date.Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good
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