[Resolved] LICHFL, Thanjavur — Marketed wrong scheme
When I approach LIC Housing Finance (LHF) for home loan after checking there ROI = 8.75%. When I clarified with LHF agent my queries like. what is there PLR and what the spread.
He told me LIC PLR =13.5 and spread = 4.75.
ROI = PLR-spread =8.75 %.
But when I recived sanction letter from LIC housing finance it had spread 2.75.
The 8.75 ROI was only for 3 months.
They took my Loan sanction fee = 6700/-.
There is no such condition written on LIC site or any of the documents.
I didn't expected renowned organization like LIC housing finance to cheat customer for the business.
I lost my money and had to run to other organization for loan which cause me frustration.
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Aug 14, 2020Complaint marked as Resolved
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LIC Central Office, 2nd Floor, Jeevan Bima Marg, Mumbai, Maharashtra, India - 400021