LICHFL, Thanjavur — Interet rates

Interest rate is linked with PLR.
the difference between PLR and your Interest remains the same throughout the tenure.
Normally bank can revise the Interest rate every Quarter based on the PLR value of 1st day of that quarter.

sir my self rohit my loan accouant no is 50404919
your current rate of intrest in 8.75%
in my accouant you are giving 11.25% why

second in period of 14/11/2008 2 05/12/2008 no inturest no amount be reduse between these transction please sead my complant anssure immidiately rohit

Hi,

I agree with you.

I am also facing the same problem. Now the behaviour of the agents changes. They just keep on giving new dates that you would get the confirmation by this month and the next and the next.

Now they say that the duration of loan has been reduced by 3 yrs. But there is nothing on paper as of today. I am following this up for the last 4 months

Dear Sir,
I am D. Natarajan housing loan a/c no[protected], I like to share some grievances which I faced in our Coimbatore office on 19/08/09. My money back policy has been assigned with my loan a/c, the money back cheque (Rs 15000/-) was sent to housing finance on 09/01/09. I use to pay my housing loan through post paid cheques and had also given 12 cheques for the session July 2008-june 2009 and all my dues are clear up to date till now. The housing finance had taken due of February 2009 from my money back issued and the post paid cheque was not used for the above said month, this was not informed to me and I come to know this when I received my money back cheque from your concern paying 12180 Rs getting deduction of 2820 Rs as 1 months due. When I went to the office for enquiring about this I come to know that my February cheque was not used and its been in the office, when I enquired about this the officer in charge simply answered me that its our money in your hands so we can take it in anyway, I want to know that the officers in the office is to serve the customers and how come he can answer in such a way? I had cleared all my dues and never my cheque got bounced till date, I had taken money back from your concern through proper channel and the mistake was on their side that they had not informed me about the due of February 2009, I had given all my post paid cheques dated 5th of each month then what’s the necessity of dropping the due from my money back on 3rd of February 2009 as the housing finance is dropping the cheques only after 7th of every month and why not I been informed about this and when I want to know about this the officer giving me such a answer. Due to this issue I had wasted my time coming to office, enquiring about this matter, I would not have done all this if I would have been properly informed . I felt very bad because of this situation.

Please beware,

If you have not taken disbursement; request you not to take on the ground that the rate of interest will increase by 1.5% once you pay three installments. This is the policy of company to lure new customers by providing lower interest rates and increase it by such a huge percent when there is no sign for increase in interest rate in Indian Economy.

This is my experience and advice.