State Bank Of India [SBI] — imposing excess rate of interest to housing loan account no. [protected] rectification req reg.

Address: West Godavari, Andhra Pradesh

To bhimavaram,
The bank authorities, dt.15/08/2017.
State bank of india,

Respected sir,

Sub:- housing loan taken in favour of b. Ramakrishna, bearing a/c no. [protected] during november-2006, from sbi main branch bhimavaram, discrepancies in adopting rate of interest - rectification and refund of excess paid amount since date of sanction of loan - requested - reg.
Ref:-1) loan sanction copy given by sbi

*

I, b. Ramakrishna s/o trimurthulu took housing loan from sbi main branch bhimavaram during november-2006 bearing housing loan a/c no.[protected]. According to loan sanction copy vide ref (1) cited, sbi sanctioned housing loan with the interest rate of 8.75% per annum on floating basis. At present sbi rate of interest is below 9.5%. But unfortunately your branch is collecting more than 12% rate of interest without any information from your branch since more than 5 years.
Hence it is requested to reconsilate my loan account since date of sanction and revise the rate of interest from whenever your branch had increased interest rate without informing and adjust the balance amount in my housing loan account.
Please arrange written clarification regarding above issue in detailed i. E., month wise rate of interest increased as comparatively actual housing loan interest and in terms of amount from the date of sanction of housing loan. For which act of kindness i shall be ever thankful to you.
Thanking you sir


Yours sincerely

B. Rama krishna,
S/o trimuthulu,
Cell:[protected].