[Resolved]  L&t Finance — housing loan complaint

Address:

New Delhi, Delhi, 110005

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 saking 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 for there customers.