LIC Housing Finance ltd
Disbursement

I had applied for the home loan amount 28 lakhs and that has been sanctioned.

Builder has made a demand of Rs 1215000 via demand letter. I submitted the same to LICHFL and requested them in demand letter to disburse amount 2 Lakhs and not 1215000 Rs. Also given separate application for the same.

But despite of this the cheque produced is of Rs 1215000. As I need to pay backdated interest, this amount will produce more interest rate to be paid initially.

So I again submit the application to cancel the above amount and requested to disburse 2 lakhs.

But now LICHFL saying that the entire loan amount has been canceled.

Can you please let me know how to make legal action on such case if any.

Thank You.