Hi
Last year my loans drawing power was 3750000 and today my drawing power is 3840000
As per bank they have done a favour to us because of COVID and have increased the drawing power.
What has actually happened my balance loan has increased , which means if I have to close my loan now it will have to pay 90k extra.
This has happened to others as well . Best part is the SBI Indiranagar Bangalore manager himself is saying that don’t worry about drawing power . they can’t put it back . I hate to say that I am really disappointed . Not sure how can I raise this complaint to higher level