[Resolved]  Citibank / Home Saver Loan — Never take this loan

Address:

Karnataka

Citi Bank Home saver housing loan.

I Have availed this loan, They told me that it well help me clear the loan earlier, If you deposit some exra money over and above yout EMI in the current account, and you are eligible to earn an interest on that money, That interest will be adjusted towards the principal, so that you can re-pay the loan, instead of reducing the the principal , they will add the amount back to the principal. You principal instead of reduction it increases.

They never allow to re-price or reduce the loan tennue.

They will issue a statement principal paid, interest paid, and bank balance, these figures never matches.

if any one is taken the home save loan, please contact me. my email is [protected]@hotmail.com, we can file a case together with consumer forum,