Dear Dictators / ICICI’s
What began as a trustworthy to simplify the home loans a decade ago, now the ICICI showing its true colour of squeezing majority of Indians hard earned money being swindled inadvertently.
There were nationalized banks had schematic home loan operations, which helped wage-based living personals to large extent and the money utilized with sincerity of the purpose.
The advent of ICICI with its latent plans, blunting the Home Loans segment of the public sector banks(PSB) in imperils to its customer-base and quit eventually transferred to ICICI pretext.
By giving Home Loan(HL) at 2% lesser than 13.5%, charged by PSBs public has been attracted and attached their loans to ICICI and new HL also greatly swelled at this private bank.
Thus made the PSBs to together revamp their customer-base by lessoning the interest rate to keep the HL section abreast, to some extent only it proved prerogative.
When themselves have yoked majority of India and its people to this ICICI, the average earnings 60% being paid as EMI, 15years in aggregate in which the ratio of principal and total part is 2:5.
>Majority of hard earned money with ICICI
>>All the Properties pledged to ICICI
>>>When payment is crippled manhandled by ICICI
>>>>All the agreement at the discretion of ICICI
It is here intended to mention that the PSBs not ignored the above-mentioned things, nonchalantly the public has been provided with an opportunity to interact with local / branch personals and arrive at satisfactory compulsions. In this point ICICI approached people only up to market and sales levels that to through their agencies, and once the public in their grasp, put the tunes and the dunes of ICICI on their marks and one-sided.
To establish the market the ICICI was benign to public, cared and gave loans at remarkably lowered interest rate. If ICICI is in same frequency now and really bold and beautiful why the interest rates are greater than any other bank in conglomerate
Why not the ICICI practice the principle a decade ago with which it attracted the public to amass its business and amassed now a greater proportion of hard-earned Indian money on lavish.
If they mean and glance through the ICICI had care towards its public, and now having established what they profound and treat indifferently the customers that they no longer belong to assert decorum.