I don't know about HDFC. But definitely ICICI BANK is very dangerous. I haven't heard any good from anyone about ICICI Bank.
ICICI Bank is a big cheater. PLEASE AVOID ANY KIND OF LOAN FROM THIS BANK. THEY WILL HIDE YOU MANY THINGS AND WILL SNATCH MONEY LATER ON IN DIFFERENT WAY.
Recently I have taken Personal Loan (PL) from ICICI bank. They are charging service tax of 12.36% on the interest portion. But other banks are not charging any service tax on any EMI. ICICI bank are showing the principal & interest parts separately and therefore are charging ST on the interest. Other banks don't charge anything because there is only one EMI whch includes both.
ICICI bank could easily have charged the EMI altogether. But they are like BLOOD SUCKER. They charge interest and other charges wherever they can.
PLEASE AVOID ICICI BANK and also caution other friends.
