in case of rate increase, period only will increase since EMI cannot go beyond 60% of salary
On 5/27/15, Ekinath Khedekar <[email protected]> wrote: > Hi > > Few days back I had enquired about Bank of Baroda’s policy to pass on > lower interest rates’ benefit to customers in the form of reduction of > tenure period. DO these banks in case of increase of interest rates > increase the loan tenure too? Or increase the EMI amount? > > What I wanted to know is that the policy of all the banks such as SBI, > PNB, HDFC, ICICI etc. Is the same “to reduce the loan tenure upon > reduction in base interest rates by the RBI?” > > Is there any way that I through RBI or IBA induce Bank of Baroda to > give me an immediate respite in the form of reduction in EMI amount? > > > Thanking in advance... > > > > > > -- > *************** > > "I am only one, but I am one. I cannot do everything, but I can do > something. And because I cannot do everything, I will not refuse to do > the something I can do. What I can do, I should do. And what I should > do, by the grace of God, I will do." > EDWARD EVERETT HALE. > > > > Register at the dedicated AccessIndia list for discussing accessibility of > mobile phones / Tabs on: > http://mail.accessindia.org.in/mailman/listinfo/mobile.accessindia_accessindia.org.in > > > Search for old postings at: > http://www.mail-archive.com/[email protected]/ > > To unsubscribe send a message to > [email protected] > with the subject unsubscribe. > > To change your subscription to digest mode or make any other changes, please > visit the list home page at > http://accessindia.org.in/mailman/listinfo/accessindia_accessindia.org.in > > > Disclaimer: > 1. Contents of the mails, factual, or otherwise, reflect the thinking of the > person sending the mail and AI in no way relates itself to its veracity; > > 2. AI cannot be held liable for any commission/omission based on the mails > sent through this mailing list.. > -- nothing is difficult unless you make it appear so. r. aravind, D R O in bank of baroda, mobile no: +91 9940369593, email id : [email protected], [email protected]. Register at the dedicated AccessIndia list for discussing accessibility of mobile phones / Tabs on: http://mail.accessindia.org.in/mailman/listinfo/mobile.accessindia_accessindia.org.in Search for old postings at: http://www.mail-archive.com/[email protected]/ To unsubscribe send a message to [email protected] with the subject unsubscribe. To change your subscription to digest mode or make any other changes, please visit the list home page at http://accessindia.org.in/mailman/listinfo/accessindia_accessindia.org.in Disclaimer: 1. Contents of the mails, factual, or otherwise, reflect the thinking of the person sending the mail and AI in no way relates itself to its veracity; 2. AI cannot be held liable for any commission/omission based on the mails sent through this mailing list..
