I one of the ING home loan customer, in last 28 months the bank has raised interest rate by 12 times... we have not raised any complain against them....but when RBI has declared the rate cut on April 17th,,, till now ING has done nothing.... they say that the board has to decide....when the RBI has increased the rate, ING have raised on 30th day for all 12 hikes......
When i spoke to one of the manager, i told him i will go to court,, he said go to the court , the court will rule in favour of us.....Is it not ridiculous of the Bank not reducing the interest rate...
What type of governance we have in our country...Banks can decide the way they want... where is the end to this...
Lets fight together,,, if you are ING home loan customer, interested to fight for this...lets group and take this to the media and to the court...
mail me sharana_s@hotmail.com
An email communication has been sent to ING Vysya Bank on June 29, 2012, 9:47 pm
Hi all,
Be careful in taking loan from ING vysya. They are frauds.I have loan with them and its floating.I was once in a shock to see my ROI increased to 13.75% with out any intimation and my loan went into negative balance.I neither got a call nor mail on this regard. Another thing is As a floating Rate of interest my interest should reduce and increase as per RBI, but always they have increased the Rate but not decrease it. As per new RBI changes my ROI is not reduced. And every time i call they give a reluctant answer saying it will be reduced "YOU PLZ WAIT". No point in calling or mailing them.
I just wanna say people don't take loan from ING and
Also anybody please let me know is there any possibility of taking action on the bank and how are other banks functioning have they reduced the ROI as per new RBI changes