GE Money / Home Loan
Excess overdue interest

When i received the foreclosure statement of my both loans with GE Money, i discovered an OVERDUE INTEREST amount of Rs. 106829.88 & Rs. 51982.93 respectively on both loans.

There is a statement 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.

pls resolve

Rgds,

Ramendra dutta

9709018768