I had taken a loan for 34 lakhs in nov 2006 at 9.5% interest rate for 180 months. I have absolutely no information about anything as I dont live in india and the monthly payment gets deducted from my fathers account .they never ever sent a single statement or never ever bothered to inform about the countless increases in the interest rate. as I enquired recently the number of months I got to pay has been increased to 347 more months, i have already paid for 48 months a monthly avg of about 36, 000 rs and I still have to pay for another 347 months which equates to ONE CRORE AND 42 LAKHS .I LITERALLY HAD A HEART ATTACK # .for a loan of 34 lakhs I have to pay 1 crore and 7 lakhs just as interest and I have absolutely no idea what to do.i guess I have to hang myself .
friends I request anyone who plans to go anywhere near icici for any kind of business , please be as far away as possible because its just a BIG FRADULENT BLOOD ORGANISATION THAT WILL TAKE YOUR LIFE. have increased the interest rate and as a result they have increased the tenure to 480 months&&&&&&&&&exactly that is forty years.mother pieces of .they increase the tenure keeping the emi constant so that they can suck on undoubting customers or should I say fools like me.mother you will all rot in hell, you amitabh bachan, you icici .
22/5/2011
hello guys, i am back again and just want to share my feelings a lit bit more.the interest rates by rbi have been increased and the, HITLER KIND of bank has increased both the number and amount of EMIs.
now I have to pay for exactly 480 MONTHS and an amount of 38, 588.DONT BE SHOCKED BECAUSE THE RBI HAS INCREASED AGAIN JUST 15 DAYS BACK AND THE NEW REVISION HASNT REACHED ME YET.I AM EXPEXTING ANOTHER 10 MORE YEARS BEING ADDED TO THE EMIS.I WANT TO DIE NOW ITSELF BEFORE PAYING THE WORST KIND OF BANK ON THIS EARTH.PLEASE PLEASE PLEASE PLEASE PLEASE AND PLEASE, I BEG YOU ALL TO NOT FALL FOR THIS BANK.I DONT KNOW WHAT I AM GONNA DO AND DONT KNOW HOW I AM GONNA PAY FOR ANOTHER 36 YEARS.