Need A Financial Product › Forums › Loans › How many statements are normal for loan in a year
In the beginning of 2014, I borrowed home loan from ICICI Bank for Rs. 85 lakhs. The loan is partially disbursed. I receive bank statement on my loan after every six months. I this a RBI rule to issue a loan statement in interval of 6 months?
There is no such rule by RBI. Banks decide the number of statements to be issued as per their own policy.