[Resolved]  PNB Housing Finance — loan application processing

Address:

Gautam Buddh Nagar, Uttar Pradesh

Hello. I had applied for a takeover of my existing homeloan from LIC which is Rs 16, 74000. The sales person initially did not inform me that i would require a co-borrower for loans from PNBHF. I did not want my husband to be a party to this loan as also in LIC i was the only borrower and also in the property my husband is not the co-owner. After taking the processing fee from me via cheque number: 724069 - for Rs 3371 and 724068 - for Rs 1250, the bank is now informing me that they require a co-borrower even after my salary being very good. I was paying a monthly EMI of Rs 18000 in LIC and my current salary is Net Rs 65000. I do not see the point of this and why the bank did not inform me earlier as i never would have considered PNBHF.