I applied for home loan with LIC Housing Finance 2 months back. Initially there agent Mr. Dhanraj told me that currently the offer is 10.40% floating.
Once I paid the processing fee and my loan is approved from LIC Housing Finance. Then he started mentioning that this rate is only for 3 months after that it would be 11.35% . I was shocked b'cos my EMI is gone way above my expectation. This is really pathetic and painful.
I recommend nobody should go to LIC housing Finance for any loan. I was never expecting such a cheating from LIC Agent.
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