GE Money / Home Loan
Overdue interest

Business & Finance

Hello,

I had availed home loan along with top up loan from GE Money in 2006. Recently when I wanted to foreclose my both loan, I asked for foreclosure statement.

When I received my foreclosure statement, to my surprise I discovered that even after paying EMI for 6 years, the foreclosure amount is more than the loan amount.

Pls find attached a recent copy of foreclosure statement of my both loans with GE Money. While going thru the same, I have discovered an OVERDUE INTEREST amount of Rs. 106829.88 & Rs. 51982.93 respectively on both loans.

There is a statement which is also attached which clearly indicates that whenever there is an increase in Rate of Interest, either they have increased my tenure or increased EMI amount so I am not able to understand as to from where this overdue interest is being levied.

Request you to pls look into the same & provide justice to me.

Looking forward for an early response.

Rgds,

Ramendra dutta

9709018768


Company: GE Money / Home Loan
Country: India
State: Delhi
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