LIC HOUSING FINANCE
Over Disbursement of installment

I have given a request for disbursement of amount 3, 00, 000/- which was due against installment of Flat at Suburbian Floors Sec-80 Faridabad, however LIC (LIC Housing Finance, The Plaza, Gurgaon) has wrongly disbursed 4, 47, 875/-. And now my LIC agent (Mr Manish Sharma) asks me to take money back from builder or ask builder to return to LIC. However Builder has refused to do both, he says “It is LIC’s mistake; ask him not to take interest on over disbursed money.”

It is completely mistake of LIC. Even if I fight for this, than acc to my agent the refunded money from builder will be deducted from the amount sanctioned and 'may be' considered for 2% pre-payment charges (to avoid this he asked me to write application to LICHF).

I am in loose in any way…. Please Help me out…

Company: LIC HOUSING FINANCE
Country: India
State: Haryana
City: Gurgaon

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