Lichfl — Horrible service

Address:Bangalore, Karnataka

I was initially promised by the agent, Lakshmikanth, at LICHFL, Residency Road branch, Bangalore... that it would take a maximum period of 1 month for loan approval and disbursement for a pre-approved project and a completed one... its been two months since i submitted my documents... Loan got approved a month back... whenever i call them they say it will be ready the next day.. this has been going on for a month... i have already talked to the local office for speedy processing.. in spite of all this, there is no resolution... the agent has taken a week to check on a a document with the builder inspite of repeatedly fixing appointments with the agent..... the agent is asking for extra money... the project is completed and only awaiting registration.... i wonder how they get additional business... if you are looking for housing loan, LICHFL should be your last option....
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Hi Mathew,

I am facing similar issue, unfortunately i am stuck with the same agent Lakshmikanth. Its been two months since i have submitted the
documents and no sign of progress at all.

Can you please let me know how did it end ?

Thanks
Suresh S

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