Life Insurance Corporation of India [LIC] — Housing loan | |||||
Loan no[protected] for rs 2000000/- was sanctioned on 28-12-13. Your roi was 10.2% fix for two year and floating rate after wards. On 27-3-14, rs 1910373 were disbursed to me. As repo rate and floating rate were substantially down, during 2015 & 16, i approached lichfl officer to bring down the interest rate. I was told that, rate of interest will decrease, on completion of two years. On contrary to that, on completion of two years lichfl have further increased the interest rate @ 11.45%, without any initiation to me. This 11.45%, housing loan interest is the highest among all housing finance companies, in india, exclusively for the existing customers of lichfl. Lichfl is charging much lower rate to new customers. No private companies are not charging such exorbitant housing rate, at present. Lichfl is exploiting me. Kindly do the needful. Was this information helpful? | |||||
Life Insurance Corporation of India [LIC] customer support has been notified about the posted complaint. | |||||
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LIC Central Office, 2nd Floor, Jeevan Bima Marg, Mumbai, Maharashtra, India - 400021
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