Sir,I have taken ICICI bank Home loan in 2007.At that time the EMI was 16750/-The floating rate of interest was 9.5%.After that he incresed to 17900/-after few moths 20000/-and recent is 21900/- I have asked question to them if rbi reduced the repo and crr why you are charging so much to me.?
They are telling me that frr is different and plr is different .Now they are charging me 15.5% plr.iF i WANT TO CHANGE IT TO 10.5% THEN i HAVE TO TAKE ONE icici PRU POLICY AND SWITCHING FEES.
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This ICICI has cheated me also and I have sent a lawyer notice for which they have not yet replied. As per terms and condition the tenure was only 240 months but without our knowledge they have increased the tenure to 580 months and so far I have repaid 7.50 lakhs taken loan of 12.68 lakhs . Now the present outstanding is remain the same. When asked they say that the totol EMI of 7.50 lakhs appropriated towards interest.