Tata Capital — reduction in pre closure rates

Address:	Chennai, Tamil Nadu, 600040
Website:	Loan preclosure

I had given the complaint regarding preclosure charges included because huf was included in the loan which is none other than we family individuals and got a reply from you stating that huf is not a individual and preclosure applies quoting rbi circular why are we customers not intimated earlier why was the huf included where there is no income except income in my name vivek ram jayachander and t j jayachander (Individual) but my mother chandrika j and huf was included and said no preclosure apply after a year and when you change according to the present prevailing rates why you don't reduce the preclosure charges which is 2% now taxing your customers we have been mislead when taking the loan and now taxed unnecessarily hdfc and icici banwe have taken loan so far have not charged us so far we would definetly like to change our loan to a bank than get taxed liked this and i feel that no justice will be obtained from tata capital infact icici bank have reduced our interest rates twice according to rbi interest rate reduction why have u charged us 4% when your present rate is 2% and not even given any reduction in interest rate according to your prevailing rates we customers are only taxed even without a reduction in rates