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RE:Fixed Intrest
by
R K
on Aug 18, 2007 11:51 AM
If the agreement says 'Fixed Rate' the bank has no right to change it, but some PSU banks are known to retain a vague right to review even a fixed rate under the 'fine print' conditions. I think you need to read the agreement carefully to find out.
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The above message is part of the Discussion Board:
Of home loans and interest rates