Loan a/c No.11266316<br /> Dear sir, <br /> I have availed a consumer loan of Rs 75000/- @ 19.25% interest Flat per annum ( to be charged on reducing balance of the principal outstanding amount over the tennure of the loan)from citifinancial dt 29 Mar 07 and paid 33 instalment of Rs 2989/- each every month. <br /> <br /> The citi financial has imposed Flat rate interst for 42 month and made EMI of Rs 2989/- each (75000 X 19.25% X 3.5 yrs =50551 (interest Plus 75000) = 125551 divided by 42 = 2989 ) to be... read full review »