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.

Company: LIC Housing Finance ltd
Country: India
State: Maharashtra

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