[Resolved]  LIC Housing Ltd — EMI Amount is 15,00000 but Amount Disbursed by Financial institotion is 10,00,000

Dear Sir,
i have taken a home loan of Rs 10,000.00(Loan AC no[protected] from Lic Housing Finance(five month befor) . at the of approval they provide me approval letter of 10,000,00 EMI amount is around 8500. but on the first month basis they cut the EmI of Rs 13200.After asking the clarification .they provied me severl reasons.


latest reply when i go for meet Area Manager LIC Housing Finance Corporation (Asif Ali Road Delhi) sent ion Amount is 1500000 and Disabused amount is 10,000,00.

Emi charged by institution On Basic Of Sent ion Amount . last five month they cut 13200 EMI .after so many Problem they are not ready to help me . I Am going to Be Fr estate . now i dont have money in my ac . Its Very Hard to Clear EMI. That issue Creat Lots of Problem In my LIfe .

E_Mail detail are following



1-question- Dear Sir, )
I have a home loan(Loan AC no[protected] for your organisation. we are apply loan for twenty year and we get approval letter for twenty year but now Emi charged as a ten year tenure.last three month Rs 13000 (approximate) cut to my account . and i got a letter for your side Related to increasing Rate of interest. The tenure in the letter is 10 year. Kindly Help Me and solve my problem. Its A big Mistake Which Create lots of Problem in my Personal Financial need.


Thanks & Regards
Sunil Bhatnagar
Plot No 69
Shakti Khand -III
indrapuram
Ghaziabad


Loan AC no 11035684


Ans from LIC Housing side-
Dear Sir,

We wish to inform you that loan term is 20 years , EMI amount is Rs. 13020/-. . For more information, please contact to Area Manager, Asaf Ali Road. This is for your kind information.


Y.R.Raigar

----- Original Message -----
From: ankolekar
To: Raigar
Sent: Tuesday, November 24, 2009 2:14 PM
Subject: Fw: loan tenure is 10 years


----- Original Message -----
From: Nitin Jage
To: [protected]@lichousing.com
Sent: Tuesday, November 24, 2009 11:41 AM
Subject: Fw: loan tenure is 10 years


----- Original Message -----
From: sunil bhatnagar
To: [protected]@lichousing.com
Cc: [protected]@rbi.org
Sent: Tuesday, November 24, 2009 11:27 AM
Subject: loan tenure is 10 years

Dear Sir,
I have a home loan(Loan AC no[protected] for your organisation. we are apply loan for twenty year and we get approval letter for twenty year but now Emi charged as a ten year tenure.last three month Rs 13000 (approximate) cut to my account . and i got a letter for your side Related to increasing Rate of interest. The tenure in the letter is 10 year. Kindly Help Me and solve my problem. Its A big Mistake Which Create lots of Problem in my Personal Financial need.


Thanks & Regards
Sunil Bhatnagar
Plot No 69
Shakti Khand -III
indrapuram
Ghaziabad


Loan AC no 11035684









2- question is my side


Dear sir,

If Tenure is 10 Years according to your website calculater the EMI amount is
Maximum Loan Amount Rs. 1,000,000
Repayment Term 10 Years
Rate Of Interest 10.00 %
EMI (Monthly Rest) 13,215

our loan tenure is 20 years (according to your last mail) rate of interest is 10% loan amount is Ten lakh only.
according to your website calculator the EMI amount is


Maximum Loan Amount Rs. 1,000,000
Repayment Term 20 Years
Rate Of Interest 10.00 %
EMI (Monthly Rest) 9,650

So Please verify this issue again, otherwise i will go for consumer form or RBI.
Its is very serious issue, its disturb my all financial planning.In my point of View This is pathetic operation work done by your team.

Kindly solve this issue as soon as possible

Thanks & Regards
Sunil Bhatnagar
[protected],[protected]





--- On Thu, 26/11/09, Raigar <yr.[protected]@licho

using.com> wrote:

From: Raigar <yr.[protected]@lichousing.com>
Subject: Fw: loan tenure is 10 years
To: [protected]@yahoo.co.in
Date: Thursday, 26 November, 2009, 4:36 PM

2- Ans BY LIC Housing corporation Ltd

Dear Sir,

We wish to inform you that loan term is 20 years , EMI amount is Rs. 13020/-. . For more information, please contact to Area Manager, Asaf Ali Road. This is for your kind information.


Y.R.Raigar

----- Original Message -----
From: ankolekar
To: Raigar
Sent: Tuesday, November 24, 2009 2:14 PM
Subject: Fw: loan tenure is 10 years


----- Original Message -----
From: Nitin Jage
To: [protected]@lichousing.com
Sent: Tuesday, November 24, 2009 11:41 AM
Subject: Fw: loan tenure is 10 years


----- Original Message -----
From: sunil bhatnagar
To: [protected]@lichousing.com
Cc: [protected]@rbi.org
Sent: Tuesday, November 24, 2009 11:27 AM
Subject: loan tenure is 10 years

Dear Sir,
I have a home loan(Loan AC no[protected] for your organisation. we are apply loan for twenty year and we get approval letter for twenty year but now Emi charged as a ten year tenure.last three month Rs 13000 (approximate) cut to my account . and i got a letter for your side Related to increasing Rate of interest. The tenure in the letter is 10 year. Kindly Help Me and solve my problem. Its A big Mistake Which Create lots of Problem in my Personal Financial need.


Thanks & Regards
Sunil Bhatnagar
Plot No 69
Shakti Khand -III
indrapuram
Ghaziabad


Loan AC no 11035684