[Resolved] Indiabulls Housing Finance Limited — Charging higher interest rates on housing loan @ 13.6 percent whereas market rate of housing loan is currently 6.7 percent

Krisheme74

from Secunderabad, Telangana

Dec 20, 2021

Address:	Indiabulls home loans, 2nd Floor, Property No 1 & 2, Mount Poonamallee Rd, Pushpa Nagar, Chennai, Tamil Nadu 600056
Website:	www.indiabulls.com

Home loan account number HHLPOR00214580. Taken a home loan at 9 percent in 2015. Now they are charging 13.6 percent. Looting the customers. Market rate of home loan is presently around 6.7 percent. RBI has issued guidelines not to charge more than 8 percent for home loans and to reduce the interest of all customers. They are not adhering to the directions and on contacting the customer care says they do not come under RBI as they are NBFCs. Request for controlling authority for Indiabulls home loans National Housing Bank to take action. It is a big scam. Request for intervention and reduction of interest rates for my housing loan and return of documents.

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Feb 2, 2022

Complaint marked as Resolved

IndiaBulls customer support has been notified about the posted complaint.

Verified Support

Dec 24, 2021

IndiaBulls Customer Care's response Respected Sir,

Greetings from Indiabulls!

We understand that our team had shared all the requisite information pertaining to your concern on your registered Email Id. Furthermore, you can write us at [protected]@indiabulls.com or call on our toll-free number[protected] for any future assistance required.

Regards,
Indiabulls Housing Finance Limited.