[Resolved]  Dewan Housing Finance Corporation [DHFL] — unfaithful by dhfl in rate of interest

Address:

6/311 Dakshin Puri New Delhi, New Delhi, Delhi, 110062

To whomsoever it my concern

I would like to inform that i have taken home loan from dhfl in month of july 2018. Since then, 3 times i have received notification from dhfl for increased of rate of interest in my existing home loan as listed below:

1.in month of august 2018 when rbi had increased the repo rate 0.25%
2.in month of november 2018 due to rplr increased in dhfl of 0.25%
3.in month of april, 2019 due to rplr increased in dhfl of 0.35%

I wonder why dhfl not reducing interest rates on my existing home loan after rbi had reduced repo rate of 0.25% on 7th february, 2019 and 0.25 % on 4th april, 2019 consecutively. After several follow-ups i have informed by dhfl that my existing home loan roi is based on rplr not on rbi repo rate and any revision in rplr will impact on my roi. Then why dhfl increased 0.25% on august 2018 when rbi had increased the repo rate 0.25%.

Instead of reducing interest rates dhfl constantly increased interest rates by way of rplr excuse, which is very unfaithful step and very badly impact to middle class people like me because every single paisa is important to us for running family and struggling with life.

I request to the concerned authority to kindly look into the matter and please take necessary and faithful action for existing home loan customers of dhfl.

Thanking you

With regards
Gautam sengupta
[protected]