[Resolved]  Punjab National Bank Housing Finance [Pnbhfl] — pnb housing loan complaint for loan account number - how/ahm/0118/481212

Address:

Ahmedabad, Gujarat

I have taken a loan of 43, 90, 000 from PNF housing loan at the interest rate of 8.35% for 25 years which includes the 300 EMIs.

My EMIs were started in March 2018 of Rs of 34, 907, and I almost paid around 24 EMIS for next two years. After paying this amount, my total number of EMIs should become 300-24 = 276 EMIs.

Suddenly PNB has increased my rate of interest of 8.35% to 9.60%, and my EMI amount is increased to 35, 629 INR. I have almost paid this amount for a year that means around 12 EMIs. I was not aware about my remain tenure during this time, and again PNF has suddenly increased my rate of interest from 9.60% to 9.75% in very short period i.e. in just 4 months which was very socked me. Once this amount is got increased, I didn't get any notice for increasing my EMI account, but they keep my EMI account as it's, and they have increased total number of tenture for this interest rate,

I have decided to make the pre-payment of 50, 000 for my loan amount, and after adjusting this amount I got a message from PNB that your remaining tenture is 482 EMIS which was very socked me.

I keep going paid my EMI and it's still getting increase, and because of this reason I decided visit branch. When I visited branch they told me that they can not increase the EMI after certain amount, so they increased total number of EMIs. I told them that I didn't receive any notice from your guys. they told me that you must receive call from us as well as your should receive notice at home, but I didn't;t get at all. I received one letter from PNF after I visited the branch but it was very late for me, so I decided to switch my loan account.

I believe that there is something wrong done by this bank and there is some corruption behind this interest rate. I am not sure if again it could be bank problem or loss of bank because of this kind of scenarios.

I have seen many kind of cases where bank's employees involved in this type of corruption and shows the profit for their bank by cheating their customers.

I hope I have written all the things at right place. If this is not correct place to write my complain, please let me know where should I write my request. I needed, I would be ready to visit RBI anywhere in the india to solve this problem.

A question is in my mind who will going help me to recover this amount which I paid to bank if this is real corruption?