LIC Housing Finance — They are asking Proeceesing charges for Floating conversion after the fixed rate period expiry | |||
I have a loan in LICHFL, I have chosed 3 years fixed interest and after 4th Year it will move to floating interest rate. During fixed interest period, they gave the interest rate as 10.75 and now they are moving this to floating interesrt rate of 11.75. As per RBI regulations, all the banks are now decreasing the interest rate but LIC is increasing the interest rate. Was this information helpful? | |||
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customer support has been notified about the posted complaint. | |||
 2 Comments | |||
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expecting a valid solution.
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Even I am also facing this problem LICHFC. Why there is no regulation for banks? I fail to understand why these people asking for Rs 1000 +, to go to lower interest rate. Why RBI is not doing anything, this is like open corruption
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