Loan amount: INR 21, 28000
Interest rate: 10.3%
Tenure: 10 years
Branch: S.P.Koil branch, Kanchipuram Dist. Tamilnadu.
EMI as per SBI home loan calculator: INR 28, 476.38
EMI agreed in sanction letter: INR 28, 614 for 119installments (instead of 120). It was agreed with branch manager.
EMI for first month: INR 28, 694 (Alert message received) It was discussed with branch manager and agreed to pay without proper reason. They were saying it was SBI system calculation like that…. But I am not convinced.
EMI for March 2014: INR 28, 748 (Alert message received). I really do not know the reason for hike. No feedback received from branch till now Was this information helpful? |
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