LICHFL
Delay in disbursement of loan

Business & Finance

I have been sanctioned housing loan Rs22.0lacs from Delhi Ansari road vide file no.31236. Last time after submission of demand letter, 3 months was taken in disbursement resulting penal intrest of Rs20000.00 was charged by builder for delayed payment. This time also I submitted demand letter on 2/11 and after repeated visit to their ofice and request (there is no response on phone) cheque was received on 12/11 whereas in other bank it is received on same day. Builder is charging penal interest for delays due to LICHFL.


Company: LICHFL
Country: India
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