Deustche Postbank Home Finance Co. Ltd
Cheating by BHW (Deustche Postbank) Home Finance Co. Ltd

I have taken loan from BHW (Deustche Postbank) Home Finance Co. Ltd. This is a cheat co. & same is required to be dragged to consumer court.

They have increased rate of interest in July & Aug by 1.25% as RBI increased repo rate but kept on holding rates at high level even after huge reduction in repo rate. Rates are now cut by 0.50% on 7th Jan 09 but again existing customers are cheated.

Increase was effective immediately whereas decrease applicable only from 1st March 09. I have complained to NHB & RBI also but they are also not responding. We shall go to court & take stay on payment of EMI, till co. disclose trend of cost of funds.

Company: Deustche Postbank Home Finance Co. Ltd
Country: India

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