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Loan

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 February 2011 I want to know whether there is any limit as to increase Interest Rate on Loans by Banks & Financial Institutions , as my Bank from which I got Housing Loan has increased the Interest rate on Floating Interest rate Loan Fifth time in 1 Year??

Please mention how to come out of this Problem???
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
12 February 2011 In case of floating rate , no limit.

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