ICICI Bank's Unfair Home Loan Floating Rate Policy
This petition is against ICICI Bank for charging different floating interest rates to its new and existing home loan customers. When interest rates went up, ICICI Bank immediately increased the floati... continue reading »
"ICICI is completely unfair to old customers."
"Yes, its unfair that ICICI is charging high interest rates for existing home loans even after RBI announced cuts in the interest rate. I even heard that they are charging 0.5\% for existing loans wishing to transfer their loans as new loans where interest"
"I support this petition"
"Switching to other banks (SBI) is the best way to teach ICICI. Even with the 2\% penalty it works out better!"
"I support this petition"
"I am also a victim of ICICI home loan fraud & unethical banking. God save ICICI customers."
"It looks like all the time they look for the new customers.. Can this petition help us in reducing the interest rates.."
"The rate cut war continues. When the State Bank of India (SBI) offered new home loans at 8 per cent interest (for the first year), HDFC upped its switching fees to 3 per cent to prevent the exodus of its customer."
"I support this petition"
"I support this petition"
"From now on let us all call it 'chor icici'"
"I support this petition"
"I support this petition"
"I am facing the same problem against icici bank, one of the worst bank of india"
"When the floating rate is increased ICICI was quick enough to increase tenure/EMI but when the interest rates are reduced it is only for new customer. Thats NOT FAIR."
"What we all need is a regulator for this industry which can weed away the unethical practices of banks"
"How cana floating rate be "fixed" at these ridiculous levels by ICICI .It is bordering on fraud on its customers"
"I support this petition"
"I support this petition"
"I support this petition"
"I support this petition"
"It's absolutely essential to the success of your business that you keep your existing customer base intact while you take time to find new customers.If you appear to ignore your business's customers, they will be more likely to become influenced by the ma"
"unethical practice, should be some rules for floating rate products"
"It is very clear that RBI is silent on this issue, may be because Kamat has lot of influence"
"I request RBI to take into account the no. of complaints from the aggreived customers. ICICI bank is using the RBI's action of reducing interest rates to promote their plan to new customers. This defies all business ethics and we feel cheated both by ICIC"
