IndiaBulls — home loan rate of interest increased to 13% from 9.65 % | |
I am a NRI residence of Dubai, UAE and india passport holder. I had taken a home loan in 2015 for Supertech eco village 2, flat 203, tower g1, sector-16 B, Greater Noida. The loan amount was for Rs. 4273000 for 10 years (120 months tenure), which was 9.65% interest rate under the subvention plan. Under this scheme, the Supertech builder will have to pay interest directly to India bulls which were paid accordingly. From second year onward (OCT-2016), I had to pay Rs 55644 EMI to India bull which I am still paying every month without any break from Oct-2016. Today, I have gone through my loan account HHLDUB00237524 and found out that tenure is increased from 120 months to 149 months & internet rate increased from 9.65% to 13%. According to me, it is a case of fraud & cheating. That's why I logged a case in India bull customer service (case id: IHF-213695-Q2B8N9) but I didn't get any satisfy response from them. The current interest rate for housing loan is showing 8.8% on their site so according to this, India bull should have to reduce tenure of loan. Was this information helpful? | |
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IndiaBulls customer support has been notified about the posted complaint. | |
 3 Comments | |
Comments
Dear G. Vohra,
We understand that our team got in touch with you and shared all the requisite information. Feel free to get in touch with us in case further assistance is required.
We understand that our team got in touch with you and shared all the requisite information. Feel free to get in touch with us in case further assistance is required.
Biggest Fraud and Cheater Company. It's not a company, it's a biggest scam. Government have to take some actions against Indiabulls Group.
I started my commercial property loan in indiabulls before 15 months with the 10.35% rate of interest. Than they started to increasing roi every 2 to 3 months and now my roi is 13.50%. I visited the Indiabulls branch more than 20 times and i call to customer care many times but they didn't give a any reply and solution.
Indiabulls is the fraud and cheater company. Never take any type of loan from indiabulls and also prevent the peoples who are taking loans from Indiabulls and share your bad experience of Indiabulls with them. So they can take loans from other banks.
Since last 2 months i only got calls and waste my time. There is no solution.
I started my commercial property loan in indiabulls before 15 months with the 10.35% rate of interest. Than they started to increasing roi every 2 to 3 months and now my roi is 13.50%. I visited the Indiabulls branch more than 20 times and i call to customer care many times but they didn't give a any reply and solution.
Indiabulls is the fraud and cheater company. Never take any type of loan from indiabulls and also prevent the peoples who are taking loans from Indiabulls and share your bad experience of Indiabulls with them. So they can take loans from other banks.
Since last 2 months i only got calls and waste my time. There is no solution.
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