Location/place: NOIDA
Name of company/service: STATE BANK OF BIKNER AND JAIPUR
We have taken home loan from SBBJ MPST New Delhi during May,June 2010 for Amrapali Zodiac Project.The home loan negotiaton were applicable to the group from NTPC employees and flat owners in Amrapali Zodiac.
As per our sanction letter present applicable rate of interests are 8%for 1st year,8.50% for 2nd year & 3rd year and thereafter 2.5% below BPLR.We have availed the teaser rates and the term is going to be complete now.After finishing of 3rd year in June2013 applicable ROI shall be 2.5% below BPLR.
Now, our concern is the actual figure of ROI after completion of 3rd year in view of high value of BPLR.
As per our knowledge present BPLR is 15%. and Base Rate is 10.15% as shown in SBBJ website.
So,as per sanction letter next ROI shall be 12.5% and this may really pinch us and shall be unbearable.
I HAVE ASKED SBBJ TO CHANGE THE BASIS OF CALCULATION OF ROI FROM BPLR BASIS TO BASE RATE WITHOUT ANY ADDITIONAL CHARGE AS IT IS THE BANK WHICH HAS FIXED THE BASIS.I HAVE ALSO REGISTERED A COMPLAINT ON ITS MAIN GATEWAY PORTAL SBBJBANK.COM/COMPLAINT FORM ON 10.06.2013 WITH COMPLAINT NO-61096237083
BUT NO REPLY WAS GIVEN BY THE BANK.
LOAN A/C NO-61096136457
PL DIRECT THE BANK IN THE CONSUMER’S INTEREST
Leave a Reply