Lic Housing Finance Ltd (lichfl) — high interest rewrite charges

Address: Hayes Centre, 15/1, II FLOOR, Hayes Rd, Bengaluru, Karnataka 560025
Website: www.lichousing.com

High interest rate for existing customers and high interest rewriting charges of 10000 + 18% gst = 11800/-

None of the other housing finance companies are charging interest rewriting charges. I have experience with axis bank and bajaj finance ltd and none of them are charging interest rewriting charges.

Why they hell we have to pay 11800/- for interest rewriting as the rbi has reduced the repo rate and same has to be reflected to home loan interest. But lichfl is worser than private finance companies.

For new customers - https://www.lichousing.com/ shows — 7.4%

For existing customers — 8.5% after paying 11, 800/- interest rewriting charges.

This is the worst home loan nbfcs i had ever seen.
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    Lic Housing Finance Ltd (lichfl)
    Hayes Centre, 15/1, II FLOOR, Hayes Rd, Bengaluru, Karnataka 560025
    India
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