HOME LOAN @9.75%

This query is : Resolved

KARIMEA (Querist)
Follow

07 February 2020 I have obtained home loan from ICICI for Rs.2200000 and about 700000 (seven lac) amount (including interest) is due. while availing loan facility it was clarified by the bank that if you open account with ICICI bank you will get benefit of 1% less in prevailing interest rate. But, after processing loan and calculating the same it is found that they are making fraud with customer giving 1% less discount. Actually 1% discount they calculate on installment amount (principle part) which may be about Rs.5 to 10 Rs. only. and people by listening the story of salesman look towards hassel free loan facility. But actualy it is more costiliear than nationalized bank.
Query:
If I transfer this loan amount to any other bank will I get benefit of interest or amount which I required to pay. Should I continue with existing bank?