[Resolved]  Ravikumar — frequent rise in rate of interest

Address:

560058

Dear sir,
I am really disappointed to see that in 3 months only there are 3 interest rate hikes & it has reached to 16% when i had taken loan in sept'2012 (Hhlban[protected] it was 10.5% and we are paying emi regularly even with all difficulties. Also my loan term has been increased for me it seems complete fraud and cheating company there is no difference between indiabulls and private local financiers, mentally you people are harassing those who pay emi honestly, where as rbi have not increased rates such way. While sanctioning loan the way your executive approached and the assurance they given was different now you people are telling to see agreement, same way i have taken many loans in other banks also and signed many agreements trusting that bank people will not cheat but where as in indiabulls case its different

When i met mrs, divya richmond road branch, bangalore, no good response she says to refer agreement even she was not ready to accept request.

I hereby request you to decrease the rate of interest