[Resolved]  IDBI Home Loan — Excess Home loan Charges.

This has reference to my Home Loan A/C No. [protected].

I want to submit that I have been repaying for my loan(total amount Rs. 23 lacs)for almost six years now; however my principal amount seems to be hovering around 22 lacs for several years.

I strongly suspect that my loan repayments made during last six years are not being accounted properly and as a consequence outstanding principal amount remains the same. Please look into it and take necessary remedial action and intimate me about the same.

In case,there is no accounting error, there might be case of higher interest being charged by the bank from me and in that case try to find some remedy for it otherwise I will have to think of trasnsfering my loan to some other bank, which might charge me lower interest rate.

Whatever case may be, you have to find out some way so that I don't suffer any more.

Regards,
Samarendra Nath Verma
Home Loan A/C No. [protected]
Mobile No. [protected]