GIC Housing Finance Limited
HIGH RATE OF INTEREST ONHOUSING LOAN

I Kailash Chandra Soni apply reshedule of my existing housing loan from 20 years to 10 years as per advise of executive of GIC Housing Finance Limited that you get benefit of 0.50% interest rate with the payment of processing fees of Rs 3000/-. but i am surprised to see my disbursement letter where interest rate charges @ 12.50% against sanction of loan 11.75% and Processing fees paid by me Rs 10000/- against Rs 3000/-. Even no representative of the company intimate to me regarding increase of Rate of interest and Processing Fees before disbursement of Loan, in this matter i make a complaint to their Head Office and Area office but no reply given by them even lapses of 4 months. As per my experience If this type of service given by the reputed organisation costomer can not rely on any bank or institution where they chitted on the cost of the meet their target

Company: GIC Housing Finance Limited
Country: India

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