IndiaBulls — over charge of roi

Dear sir,

Greetings of the day,

I am writing this mail with great pain as i have tried my level best to tell indiabulls that my rate of interest on my home loan should be 9.05% and indiabulls charging 11.85%

My rate of interest was 8.35% that is.65% discount to imlr and to prove this i can provide you earlier mails and statement of account which justify my point.

But from november you have raised my roi to 11.85 and your imlr is 9.70 so you are charging 2.80 against term and condtions of loan.

I received a call some days ago that i have not submitted the completion of my construction. It is a very stupid point as i am beneficiary under pmay and you are well aware of fact that as per nbh subsidy is released after completion and verification. So you cant say that i have not submitted completion on home construction.

And my loan was on basis of imlr and i have supported mails to prove this. And you are charging roi on basis of frr.

I asked for copy of loan agreement but that has not been provided by indiabulls

Once again i request you to reduce my roi to 9.05% as per agreed terms if loan.

Thanks and regards

Mukeshkumar jaygopal kalra

Hhlcha00656330

Ph [protected]