ICICI Home Loan
Efusal to help

I work overseas and while i was overseas.. a builder from trivandrum aswathy gardens approached us with with a housing plan .. according to the plan the house would ber build in 6 months, with ICICI providing the mortgage.and aftre the loan being sanctioned to us it would be given to the builder only at particular stages after the satisfactory work has been completed.we took a loan for 70 lakh IRS with a down payment of nearly 12 lakh[estimate figure] the work commenced immediately and we left india for continuing our jobs.. and it so happened after a certain stage the work was delayed.. for along time.. the builder gave us excuses..but the bank kept pressuring us to release the money to the banker though the work was not completed on time.. any way the work was completed by 2 years.. meanwhile we had change of job etc.. and moved to US but unfortunately the financial situation has changed and caused job losses and we requested ICICI several times to for help because of our financial situation .. but we never got a positive reply.. all they did was kept asking us to pay the monthly EMI.. not offering any kind of solution.. the point is the bank along with the builder put us customer is deep trouble by not completing the work, but issuing the money and now not giving us any option or making any changes in the loan agreement.. please suggest

Company: ICICI Home Loan
Country: India

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