24 January 2009
Because of reduction in Tenure of Housing Loan if the EMI increased by Finance Co. / bankers without any prior intimation / approval of a/c holder then is it liable to A/c Holder.. If bank can can charge any penal Interest for Short paid EMIs. It will be better if somebody will quote legal sections of any act..
If any mail ID or courier address available to make such a complaint..
24 January 2009
You can complaint with the bank top management. Even if your problem is not get solved, then there is a RBI scheme for complaint, i.e Banking Ombudsman Scheme'. You can file your complaint there in the prescribed form alonwith all the proofs. They will sort out the matter between you and the bank.
CAclubindia
