Complaint Details

Status	:	Closed
Complaint No	:	0062393/2016
Category	:	Banking
Date	:	18-07-2016
Subject Line	:	Home loan - Incorrect interest calculation
Complainant	:	Amit Garg
Address	:	A 1104 Purva skywood Haralur road
Complainee	:	ICICI Bank
Address	:	No 86, 1st Cross Rd, Jakkasandra, 1st Block Koramangala

Complaint Details
This is with respect to home loan no LBBNG00002910241 availed from ICICI bank, Koramangla branch, bangalore. The loan amount was Rs 81,00,000/- There were two checks prepared for this loan on May 31st, 2016. - First check was handed over on June 08 2016 for Rs 4,09,238 - Second check was handed over on June 18 2016 for Rs 4,070,762 But ICICI calculated the interest right from the time when checks were prepared that is May 31st. I expected ICICI to calculate the interest/ EMI/ Pre-EMI from the date checks were handed respectively. I have been emailing them the issue multiple times and now it''s been more than 45 days, and every time they just give a new date, but no resolution. Please let me know if you need any further clarity on the issue, happy to provide. please help me in this case. thanks Amit Garg

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