Gic Housing Finance — Gic housing finance ltd kolkata - a cheaters den

Address:	Kolkata, West Bengal, 700001
Website:	www.gichfindia.com

I S B Mishra had taken a home loan under file number[protected] from Kolkata Zonal Office. At the time giving loan they offered me 10.50 % interest rate with the assurance that they will always be lower than the market. After two months they increased the interest rate by 12.50 percent where as others were charging not more than 10.05 %, I have requested and took my case to their senior authorities (Shri Raghottaman Area manager Kolkata )but there was no hearing. I requested a copy of Deed and a letter stating that they are holding my original DEED of mortgaged property. Even after pursuing more than a year they neither gave me copy of DEED and nor gave me letter of LOD ( that original deed is with GIC Housing Finance) and I could not apply for transfer of loan to other banks. We were in such a mental stress that we are helpless and forcefully paying high rate of interest(@12.5%) what they demanded. We are trapped with the following company with the assurances that they will soon decrease the interest rate. Recently Govt. Of India has decreased the Bank Interest rate where as they are still charging the same.

I would like them to charge the interest rate as per the market but not more than the market and the govt. of India regulation. Following is the Name & address of the bank where my file is open:

Mr. Santosh Kumar
GIC HOUSING FINANCE LTD.
Noida Branch Office
B-104, Vishal Chambers,
Sector – 18,
Noida, UP
Tel: +[protected] / 2511751
Fax : +[protected]
Email : [protected]@gichfindia.com