Legal Question in Banking Law in India
ICICI Home Loan intrest oraly said fixed document shows floating how can I put c
I had taken loan in last April from ICICI bank (I bank Ghatkopar). The BSM (Business sales manager) said that your interest will be fixed for first two years and after wad it will be floating. But the document shows it is floating. Now the BSM resigned. First year itself loan shows it is floating rate of interest. The sales executive is know of this and he has talk with Credit manager, Customer service manager and customer account manager. No one is doing any kind of help. Please suggest how can i make a complaint.
1 Answer from Attorneys
Re: ICICI Home Loan intrest oraly said fixed document shows floating how can I p
It all the depends on the terms and conditions given in writing as to the rate of interest and the loan documentation has to be looked into before arriving at a clear opinion.
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