[Resolved]  DHFL — unauthorized charges

Address:

Bangalore, Karnataka

DHFL is charging unauthorized charges, I have asked for Foreclosure letter they are charging Foreclosure charges, Document Retrieval Charges & Preclosure Statement charges

And they maintain double standards for lending one standard and at the time of closure one standard, it’s seriously unfair. irrespective of date you wish to close they will charge you the interest they will charge you for the entire month and they will not reduce the current month EMI and they will charge Foreclosure charges for the current month EMI which is cleared 10 days before.

And request all to never take home a loan from DHFL as they just increase loan as per RBI but never reduce it while RBI is reducing the rate. I took loan in 2010 at 9.5% but as you know that after 2010 rate of interest was increasing regularly (when RBI revised rate). My loan is now at 11.5%. Whenever RBI reduce REPO rate by 0.5 point and 0.25, DHFL never do the same. When i asked them they have not reduced my rate of interest they told me that they can not do this.