Need A Financial Product Forums Loans SBI not allowing me to reset my home loan rate

This topic contains 1 reply, has 2 voices, and was last updated by  Dharav Mehta 2 years, 3 months ago.

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  • #48180

    Dharav Mehta
    Member

    I borrowed Rs. 10 lakhs home loan from SBI under Easy Plan in 2011. My current rate of interest is 13.5% and I have the option to get the loan converted after paying 0.56% conversion charges on outstanding amount. I have already repaid the amount in excess to what the bank manager is now asking me to convert my loan. My account shows more drawing power than what manager has suggested me to maintain. Due to these reasons he is not converting my loan. Please suggest me what to do.

    #48181

    Aditya Goel
    Member

    Please contact your RACPC to get better help.

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