Lichousing finance ltd
Non disbursement of sanctioned loan

Dear Sir,

I had applied for home loan at your area office Bareilly for home loan in the month of March with the required documents for me as well as for the property alongwith the fees of Rs 1103. In the last week of april, when I contacted, I was told to submit latest salary slips which I, submitted on 22nd of May. After that I contacted many times but no satisfactory answer was given to me from area office and in august area manager told me that your loan will not sanction. On 13th of August I resistered a complaint in the complaint office Lucknow and posted a request latter to the Regional Manager Lucknow. In September I received the SANCTION LATTER. On 27th day of Sep. I submitted the original property papers&all required documents alongwith the remaining processing fees Rs 5515 at area office for the disbursement of loan. On 20th of Oct. when I contacted teliphonicallly Area manager toled me that if you send me a latter showing that your complaint has been resolved and now you have no problem with area office and our response is good then I will send your file for disbursement and you will receive cheque within 6 days. I denied this by sending a latter to the area manager as well as to the regional manager. On 9th day of Nov. I received a latter from area office that disbursement is not possible in your case because your property area is less than 100 sq.mt which you did not tell me. This fact is completellly wrong because copy of property deed was submitted with the application, area was mentioned on application form and property was inspected by area manager before submitting the application. In this way area manager is trying to cheat me I have lost my valuable time and I am facing financial as well as mental problems. It is therefore request to to you to plese take the proper action for the disbursement of loan. Warm Regards Navneet Kumar Saxena 292, B rahmpuur, Budaun (U.P

Company: Lichousing finance ltd
Country: India
State: Uttar Pradesh
City: Bareilly

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