LIC Housing Finance Limited — Extra charges

Address:

Ghaziabad, Uttar Pradesh, 201009

Dear Sir/Mam,

My Home Loan was approved by LIC Housing 24th April'12 in 10.70 pa and EMI around 14166 for 20 years. However first EMI was debited on 5th May'12 for 14218 rs. But it should be 14166 rs as per in between agreement. After that I never checked my current home loan rate, as I was trusted them. I thought there was everything fine. I asked them in September or October’15 for my home loan interest rate. in starting they've not shared easily. After two week i got the answer it was 11.70 pa. i shocked every bank are asking around 9.5 pm and they're charging huge. I request them for reduce it otherwise I'll move in another bank. In starting they’ve not taken seriously. When i asked for movement in different bank they said interest rate will reduce. Till time i was not aware my agreement document. When i saw and asked few question to them. They've not ready to answer or not picked up my phone and no replayed on mails. After that i asked my bank to stop the EMI. After that I got the call and asked them pls give me queries answer after that I'll start it. Now days they're putting mentally pressures and I very fed-up their replied and answered. Pls help and suggest me what should i do.

Queries:

1. If agreement was signed 10.70 pa and why they're charging more. In 24th April'12 agreement was signed and 1st EMI was debited in 5th May'12 within 10 days interest rate was increased 10.70 to 11.70.

2. If it was floating then why it was not revised from last 3 years.

3 I need return my money or it should be adjust my home loan amount with interest rate what i paid.

LIC Housing Finance Limited
Loan Acc. No[protected]

Regards,
Kulbir Singh
[protected]