[Resolved]  L&t Finance — housing loan arbitrary amount demanding

Address:New Delhi, Delhi, 110005

Loan id no. Delhf5476070.

My father had taken loan from company citi financial consumer india finance ltd. Amount financed 1650000, in the year 2005 the tenure of the loan is 144 installment which is finished in year 2017 installment amount 22682/- last emi is to go in april 2017.in the year 2013 we got a letter from company larsen and turbo that ' we have take over yours housing loan from citi financial and yours tenure is extended from 144 to 194.in year 2016 they stop taking installments from us and starting harrasement for hand over the property to them. Lots of police complaints we have done from there officials. We have received letter from l&t in september 2016 that pay the arbitrary amount 10 lakh otherwise we starting the process of auction of property. We gave them reply through advocate in a legal notice that only one year installments is pending and yours demand is illegal. But after that they send send us 13 (2) notice. We also send the reply of the 13 (2) notice though advocate that yours demand is illegal.

Now in december 2018 they come with the 14 notice and asking for settlement of that arbitrary amount we said them we already pay you more then yours amount financed that remaining you take and gives us ours property paper. They refuse to do so.in january we got receiver notice for hand over the property to him. We had approach to drt now stay is granted. But again they claim us 11 lakhs amount. So i request to all of indian people not to take loan from that company it is a fraud company. This company always trying to making fool to their customers.

Aggrived person
Nitin mohanpuria
Mobile no.[protected], [protected]
+1 photos
Was this information helpful?
No (0)
Yes (0)
Apr 4, 2019
Complaint marked as Resolved 
L&T Finance customer support has been notified about the posted complaint.
Feb 27, 2019
Updated by Nitin Mohanpuria
Loan IDNo. DELF05476070
Verified Support
Mar 01, 2019
L&T Finance Customer Care's response
Dear Nitin,

Thank you for sharing your contact number. We'll connect with you at the earliest to share further details on your query.

Regards,
Team L&T Financial Services
Complaint comments 

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    L&T Finance
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    46%
    Complaints
    1064
    Pending
    0
    Resolved
    492
    L&T Finance Address
    L&T Financial Services, N.M. Marg, Ballard Estate, Mumbai, Maharashtra, India - 400001
    View all L&T Finance contact information