Punjab National Bank Housing Finance [PNBHFL]

[Resolved] Punjab National Bank Housing Finance [Pnbhfl] — increase of roi and tenure of loan you/gha/0317/365903

[email protected]

Mar 28, 2020

Address: Gautam Buddh Nagar, Uttar Pradesh, 201310

Have taken a loan of 3100000 from pnf housing loan at the interest rate of 8.35% for 30 years which includes the 350emis.

My emis were started july 2018

Suddenly pnb has increased my rate of interest of 8.35% to 9.60%, and my emi amount is increased to i have almost paid this amount for a year that means around 12 emis. I was not aware about my remain tenure during this time, and again pnf has suddenly increased my rate of interest from 9.60% to 9.75% in very short period i. E.in just 4 months which was very socked me. Once this amount is got increased, i didn't get any notice for increasing my emi account, but they keep my emi account as it's, and they have increased total number raising 350 emits to 444 presently

I keep going paid my emi and it's still getting increase, and because of this reason i decided visit branch. When i visited branch they told me that they can not increase the emi after certain amount, so they increased total number of emis. I told them that i didn't receive any notice from your guys. They told me that you must receive call from us as well as your should receive notice at home, but i didn't;t get at all. I received one letter from pnf after i visited the branch but it was very late for me, so i decided to switch my loan account.

I believe that there is something wrong done by this bank and there is some corruption behind this interest rate. I am not sure if again it could be bank problem or loss of bank because of this kind of scenarios.

I have seen many kind of cases where bank's employees involved in this type of corruption and shows the profit for their bank by cheating their customers.

I hope i have written all the things at right place. If this is not correct place to write my complain, please let me know where should i write my request. I needed, i would be ready to visit rbi anywhere in the india to solve this problem.

A question is in my mind who will going help me to recover this amount which i paid to bank if this is real corruption?

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May 4, 2020

Complaint marked as Resolved

Punjab National Bank Housing Finance [PNBHFL] customer support has been notified about the posted complaint.

Verified Support

Apr 03, 2020

Punjab National Bank Housing Finance [PNBHFL] Customer Care's response consumer complaints logo
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LoansPunjab National Bank Housing Finance [PNBHFL]pm subsidy not processed & charged high interest %
Punjab National Bank Housing Finance [Pnbhfl] — pm subsidy not processed & charged high interest %

1 Review
8/51, TAPASYA, F1 - 1st Street, , Eswaran Nagar, Paraniputhur, India
Prem_dxb on Mar 25, 2020

Dear Team,

I had not informed about the Loan Interest changes % details and the PM Subsidy benefit’s even more than a year time(HOU/CHE/1118/607317)

Due to their lethargic works I’m the one suffering more than a year not getting the PM subsidy Scheme supports. Still I’m not getting the OTP due to
My mobile number was entered WRONGLY (Who’s bearing the Interest for the loan amounts more than 8 months even wavering the sufficient times to process by the PNB finance, because their team is not entered our details properly)

Also I’m not receiving any OTP for verify the uploaded file details uploaded on Jan-2020 as per their previous mails communication and the Assement ID C[protected]

So, Requesting your immediate intervene to take the necessary action to clear the same and need resolution for the pains for the higher % charges and PM Subsidy weaver on timely means we may charged to lower Interest %

Note: If the neither ECS not processed due to mismatch Signatures nor Insufficient money means Pnb will not bothered about the money and the Borrower’s... Whatever & Where ever the possibilities to get contact the borrower to contact for further actions, then how can stats that wrongly entered our details earlier applied for PM Subsidy Scheme??? Who’s suffers with huge interests rates????

While I applies it was 9.10% but later it was 9.60% (while intract with your CC team comes to know that without any information to us, when it’s got revised to 9.60% ???) now it’s getting revised to 9.25% !

If any changed made to my loan amount charges should brought to the borrowers knowledge or not? I need your action and resolution at the earliest.

Hope I’ll be treated and cleared my concerns on priority basis without further delay..!

Complaint Status
[Mar 26, 2020]
Punjab National Bank Housing Finance [PNBHFL] customer support has been notified about the posted complaint.
Verified Support
Punjab National Bank Housing Finance [PNBHFL] Customer Care's response, Apr 03, 2020

This is in regard to the above mail and complaint on consumer complaint forum. Do you think that by registering a complaint on a cusumer forum could help you any way. Our suggestion is you are free to go to prime minister of India and complain him against punjab national housing finance limited. Even he can do nothing.
We are carrying majority of ministers and judges in our pocket .
Further you roi wef 1 April will be levied 12% till you withdraw all your complaints.

Pnhfl