Need A Financial Product Forums Loans How many statements are normal for loan in a year

This topic contains 1 reply, has 2 voices, and was last updated by  Shripad Sharma 2 years, 11 months ago.

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  • #48326

    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?

    #48327

    Bhavini Ram
    Member

    There is no such rule by RBI. Banks decide the number of statements to be issued as per their own policy.

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