Wrong name in SBI Maxgain account
POSTED BY ON October 26, 2013 2:24 pm COMMENTS (7)
Dear Ashal
My first partial disbursement of Rs. 410631/- is done on 22/10/2013 . I have understood the figures in statement. I have one doubt my name of account is mentioned SBI H L MAXGAIN AUG 12, where as my account is open on oct 2013, is it clerical mistake or shall i take up matter with sbi officials.
regards
milind
Dear Milind, yes for calcuation purpose, the 5K amount parked by you ‘ll bring down your loan amount and thus your interest amount ‘ll also come down.
Thanks
Ashal
Dear Ashal
My first partial disbursement of Rs. 410631/- is done on 22/10/2013 . I have understood the figures in statement.
My pre emi will start on 10/11/2013 and will be around rs 3500/- @ 10.05 pa.
My question is that can i start parking monthy rs 5000/- in Maxgain , will it be considered as principal payment towards rs. 410631/- disbursted on 22/10/2013.
And hence forth can i park rs 5000/- per month in maxgain od account, will it help in reducing interest outgo ? please advice
regards
milind
Dear Milind,
Yes, you should bring the data error to the notice of SBI officials since all these data will be reported to the credit bureau. The erroneous would then reflect on your credit report and score and it is always advisable to have a credit report that reflects facts of your credit history.
Regards.
Credexpert
http://www.credexpert.in
dear credexpert
i have discuss issue with RACPC , as per their opinion, it is product code and nothing relates with your month of sanctioning your maxgain loan. Kindly advice me what to do.
regards
milind
Dear Milind,
If it is the product code used by the bank then, we do not think there is any cause for worry as far as your credit report is concerned.
Regards,
Credexpert
http://www.credexpert.in
Dear Milind, please discuss with your loan serving branch.
thanks
Ashal
Dear Ashal
I have discussed matter with my RACPC branch , as per their opinion it is product code and nothing to do with your month of sanctioning the hl loan. kindly advice what to do .
regards
milind