dear sir/madam,
i have recieved foreclosure letter dt 16-05-15.
i want to bring to your knowledge that i and my brother had purchased property in rohini in both our names. we applied for loan from your organization.we were granted loan but on condition that our factory property will be used as security until we deposit our buyed property papers for one month. in no way our company was involved in either purchasing or any other way.
now we are told our company is co-applicant as such pre-payment charges wont be erased as per rbi notification.
i want to tell you for 40 lac loan i have paid around 18 lac in thirty months and only 7.5 lac principal is deducted.i.e. around 10.5 lac interest.
i want to prepay my loan and you are still levying pre-payment charges.
please have sympathatic view towards people's hard earned money.
you are humbly requested to deduct these pre-payment charges as per RBI GUIDLINE on urgent basis.
regards
atul kohli & amit kohli
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