[Resolved] IndiaBulls — Home Loan Tenure increase

[Resolved] IndiaBulls — Home Loan Tenure increase

B Bhavana Mehta 19 Oct 11, 2022 Nov 22, 2022 This thread was updated on Nov 22, 2022

Indiabulls home loan tenure increased from 252 months to 451 months and also ROI increased. Why is that so. Need a resolution on urgent basis. Do you mean we have to pay you double amount ?? Every time we see the statement, the tenure shows increased. We have taken moratorium during lock down only for 3 months. Was this information helpful? No (0) Yes (0)
Dec 24, 2022 Complaint marked as Resolved IndiaBulls customer support has been notified about the posted complaint. Verified Support Nov 22, 2022 IndiaBulls Customer Care's response Respected Sir, Greetings from Indiabulls! We request you to kindly share your loan account number OR contact number so that we can assist you in a better way. Regards, Indiabulls Housing Finance Limited.
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Nov 18, 2022

I am an NRI took a loan from Indiabulls for 15 years (180 months) in 2015. I have decided to pay off the loan but to my shock the loan term changed from 180 months to 452 months not sure how to react on the situation. Is there away to sue the bank? or recover all my monthly EMI, because all my EMI they deposited into interest fee and very less in principle just because they moved it to 452 months loan term without my agreement.