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my friend take tractor loan from icici bank ltd,
he face two problem
1 he pay his first installemnt on time while bank statement show in two month latter and take intrest charge of 24%
2 he foreclose his loan with 2.25% foreclose charge with confirmation from bank emplyed, his outstandin 235000/- while he pay 243000/-
now bank wants outstanding amount of rupees 33,000/-
dose not give NOC
what he do ?

2006-12-06 07:50:52 · 2 answers · asked by vipul s 1 in Business & Finance Other - Business & Finance

2 answers

please clarify any oficials of icici bank in yahoo forum

2006-12-06 10:14:52 · answer #1 · answered by keral 6 · 0 0

You have not indicated the amount of loan taken, without which it is difficult to understand what dues the bank is talking about. Your details give an indication that there may be some instalment pending payment. 2.25% on 2.35 lacs does not amount to 8000. there appears to be some confusion.

2006-12-06 22:58:35 · answer #2 · answered by cvrk3 4 · 0 0

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