Hi friends I want to take a shop loan and many banks are around me and I go to axis bank when I go to axis bank and met the bank officals and tell them all my needs and they suggest a plan for me
The plan iz this easy monthly installments 36 installments and intrest precentage is low and no hidden charges no motagage
And finally I agree the terms and conditions
Now I go to bank for loan and they told me that submit a loan form I submit the loan form and it takes a long time near about a year to approval when the loan is approved and I start to do business and do back bank installments
I do back 12 installments and the bank officals came to shop and locked it when I asked him what are you doing they told me that the terms and conditions has been changed I tell him that it is for new customers but I am old customer they tell me it is for all customers wheather it is new or old and intrest rate are hike 20 % and return installments has reduced to 24 installments finally I sell my land and do all payment of bank with 38% intrest and bank officals relese shop it is my personal experience