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RE:A Nice Article
by VenkataSivaKumar Naramsetti on Oct 08, 2007 09:11 PM

I too agree very much. I have an ICICI home loan with floating rate. Whenever the floating rate increases then they will increase my intrest rate. But if the rate goes down then they will say it applies to new customers only. I dont understand that logic.
Take a loan from public sector bank only. They may take time in processing your application. But their policies are pretty fair and transparent.

Regards,
Siva Naramsetti

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The above message is part of the Discussion Board:
Floating car loans: Good or bad?