GIC Housing Finance Complaints & Reviews

I have taken a Home Loan from GIC, Bhubaneswar, Odisha on dt[protected]
My CUSTOMER ID :[protected] Offer
FORM NO : 405954
Inter17th Feb 2022, talked with bank about the high interest rate, they mentioned your Loan is sanctioned with flat intrest rate at 9.65%.
They offered me to decrease the interest rate to 8.65% by paying 5000 INR.
I paid and they told your interest rate is now 8.65%. I have all the payment receipts. This new interest rate is supposed to be fixed for next 5 years.
Again on July 2022, Bank increased the interest rate to 9.4% saying RBI increased the Repo rate and while changing your interest was set to floating. as a customer I felt cheated.
In first place why they took 5000INR and applied the decreased interest rate of 8.65% for 3 months only.

Please apply the 8.65% ROI else return my 5000 INR
Sanction letters, 5000INR payment receipts attached.

I have taken home loan from GIC in the year 2017 March with 5 years fixed interest and conversion to floating post to that. At the time of applying for the loan, they said interest rate will be around 8%, but after approval it was 9.34%, for which they said it is because of my CIBIL score. Though i requested them to reduce the interest rate, they have not accepted my request and continued charging higher interest rate for all these months. Now finally my 5 years fixed term is completed and immediately I sent a mail to them to convert it to floating interest rate at current market interest, for which I got a reply that it will be done in 5 working days, When I requested them to share the provisional certificate for the current year, after several reminders finally it has come and I was utter shocked by seeing the same that Interest rate is increased to 11% rather than decreased to current market rate of around 7%. I sent almost 10 to 15 reminders to the branch to correct the same, but none of my mails were answered and after a month again they shared the provisional certificate with 11% of interest rate again. When I called the branch, Mr. Sayan from branch informed that, I need to send separate request for conversion to current market interest rate, which I informed I have already shared the same a month back and he again asked to share again and he told it will be converted in 5 working days. As per his words, I have sent the request again on 16/05/2022, but till now it did not converted to current market rate and also no response from branch as usual.
My customer ID:[protected]

Hi, I have taken the Home loan worth 30lakhs, and the loan got sanctioned as well, the person with whom we approached for a loan that person is asking us to send the money I.e 2% as he got the cheque with him now, if we give the money then only he will give us Cheque, we cannot pay the amount now. Please take the action and request you to give us the cheque Waiting for your response.

Dear Team,
Kindly, I Want to tell you that my PMAY subsidy is stalled for a long time approx. 5 years, it is not progressing, I have talked to the bank from last 5 years continuously but not get any reply Please tell me about my subsidy status, and please find the below all
loan datel :
Name Applicant : Mohit
Co-Applicant : Micku
Mob: [protected]

Mr. Nitin sitting in gic finance limited. Sector 31 chandigarh. Such a worst person. From last 5 years, i am requesting everyday that kindly solve my issue, but he is not doing anything and on the other side showing his attitude and said do whatever u want to do. Most pathetic person i have ever seen, he thinks that he can do anything wrong with anyone, no one say anything to him. I only request him that please solve my issue but he never did anything.

I AM REQUESTING EVERYONE PLEASE DON'T PREFER GIC HOUSING FINANCE.

Mr. Nitin sitting in gic finance limited. Sector 31 chandigarh. Such a worst person. From last 5 years i am requesting, kindly solve my issue, but he is not doing anything and on the other side showing his attitude and said do whatever u want to do. Most pathetic person i have ever seen, he thinks that he can do anything wrong with anyone, no one say anything to him.

Dear Sir/Madam,

I would like to raise my concerns as i have been following up with the bank from last 6 months to reduce the rate of interest as per the current rate but i had few initial response and they said they would process and it will be taken care by the headoffice but never happened.
Request you to help me in getting this sorted.

Today i received a call from the kalyan office regarding my homr loan and the manager has committed that my interest rate will be dropped down between 8 or 8.50. But they have requested me to visit the office. I would still need the reimbursement on the emi paid for current month the following month

Hi my name is Dhaval Prajapati. My loan account number is MH[protected]. Till last financial year my emi amount was 14058rs with interest rate of 9.35% but in the current year my emi amount is increased to 15506rs with interest rate of 11% which is without any communication. This is completely unfair practice and not acceptable at all. I need a proper explanation on this and reimbursement on my emi amount deducted this month along with that my interest rate needs to be decreased to what it was earlier. If not then will take further steps and take this to next level.

My name is Bikash Kumar Shaw. My home loan account number is WB[protected]. When I took home loan in 2018, 32000 rs for instance amount I paid but when I close my home loan account again 26000 rs have been taken from me. It's mean, I paid two time the insurance amount for the same account.

My home loan is with GIC HFL UGF-10 A-E, Kanchenjunga Building, 18 Barakhamba Road, Opp Metro Station, Connaught Place, New Delhi, Delhi 110001
They are not providing my Loan SOA and giving irrelevant reasons there behaviour is also rude towards the customer neither they have made and application or online portal through which we can get our SOA

Dear Team,
Kindly, I Want to tell you that myd PMAY subsidy is stalled for a long time,
it is not progressing, I have talked to the bank many times but not get any reply Please tell me about my subsidy status, and please find the below all
loan datel :
Name
Applicant : Dharmnath Padmakar Watpade
Co-Applicant : Tejshwini Dharmnath Watpade
Mob: [protected]

Bank Name : GIC HOUSING FINANCE LTD-CHINCHWAD
Lone Account No.:MHO[protected]
Lone Disbursement Date : 01-Sep-2019

Application ID : C[protected]
Current Subsidy : 2nd Stage
Remark :Rejected Name Does Not Matched

Hi Team,

I have to ask the team many times before they actually read my mails and then send me the provincial certificate.they are so un professional and lacks customer service.

Thanks
Glen Colaco

My Loan is going on since Dec-2019 & i have not recipt PM Aawas Yojna Subsidy till Now. The Loan is processed through Meerut Branch & dispite asking them for the status, the respective Branch has applied for Subsidy in Feb-2022. Pls help

Respected Sir,

Because of wrong information from bank employee Vansh there was 2 bouncing charges in my account which have increased in thousands now.

In a conversation with Nitesh Sir and Rajeev Jain (The Agent), Nitesh Ji (Bank Staff) has confirmed that the changes will be removed.

It's been 4 months, and there is no response form nitesh ji.

Hence, Request you to please help me with this.

Thanks
Om

The person assigned r very rude n bad behaviour the amount of feb n march month r pending so not giving the details of paying online n behaving bad please cooperate n help us out

I had requested for LOB and Force Closure Documents and they said SLA is 21 days.. i really dont understand why 21 days where as other banks are giving in a weeks time.. I respected their decision and waited for 21 days, now they are saying they didnt get any update from Head Office and said still need to wait for more than a weeks time which is really pathetic experience with GIC.

Dear team
I am coustmar for Gic housing I am not paying regular payments for EMI
Still I am ready in-stork payment for my amount
Branch manager not help me
Pls help me...

My Self is Lalit Kumar, I m continue follow-up with GIC Housing Finance

GIC Housing Finance Ltd.,
305, ITL Twin Towers,
B-09, Netaji Subhash Place,
Pitampura, Delhi-110034
Ph.[protected]

for FOR-CLOSURE letter since last 1 and half months but no positive response from their side.

I m very disturb and no single person is listing for provide the same.

Request...

Dear,
I had availed a House Loan of ₹ 18 lakh under PM AAWAS YOJNA in May 2018. But till then branch doesn't entertaining us regarding our subsidy. They always suggest to confirm after 2 or 3 months as till now no updates are available. We are now frustrated and being humanlised that this kind of the NBFC banks are taking their own decision and customers are suffering like us.

Kindly look into this matter and oblige,

Balwinder Singh