Think twice before you go to ICICI home loan
27 June 2011 | Read 243 times | Comments (0) | recomended (0)
27 June 2011 | Read 243 times | Comments (0) | recomended (0)
Nagabhushan from India said :
If you look any website for rate of interest for home loan in icici they say it is 10% they will increase gradually now i am paying 13.25% Think twice before you look for ICICI. Below is the email form ICICI. "We value your relationship with ICICI Bank and thank you for your continued patronage. You would be aware that the Floating Reference Rate (FRR)/ Prime Lending Rate (PLR) is determined by market conditions and the cost of funds of the bank. We wish to inform you that the benchmark reference rate (FRR/ PLR) of ICICI Bank, floating interest rate loans has increased from 14.5 % p.a to 15 % p.a. with effect from May 7, 2011. In view of the above, your rate of interest for your loan has been increased from 12.75 % p.a. to 13.25 % p.a."
If you look any website for rate of interest for home loan in icici they say it is 10% they will increase gradually now i am paying 13.25% Think twice before you look for ICICI. Below is the email form ICICI. "We value your relationship with ICICI Bank and thank you for your continued patronage. You would be aware that the Floating Reference Rate (FRR)/ Prime Lending Rate (PLR) is determined by market conditions and the cost of funds of the bank. We wish to inform you that the benchmark reference rate (FRR/ PLR) of ICICI Bank, floating interest rate loans has increased from 14.5 % p.a to 15 % p.a. with effect from May 7, 2011. In view of the above, your rate of interest for your loan has been increased from 12.75 % p.a. to 13.25 % p.a."
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