why all banks increased the loan ineterst without any intimation????
By carspluscars •
all banks has raised the loan interest rates without any intimation. But when it comes down they do the same???????
whats there a hurdle to intimate and what's now there to increase.???
There is no intimation to the customers coz while u signing the agreement its clearly mentioned that wen ever the bank wants they can increase the interest rate n u have signed at it already so b4 signing just read wat u signing at ....okay!
but my question to u all is why there's no intimation to all the customers already prevailing loan takers. Can anybody answer to it.
Banks cash money is not as before, givin loans sounds like a hard task and risky sometimes (if loans are very big), so they increase rate of taxes thus getting more money and limiting loan requests'
If all people stop taking loan for few weeks they have to reduce it!
Banks not got money anymore... :(. SO they have to increase in order to steal from ppl who do & dont have money.