LIC Housing Loan
Unethically charged higher rate of interest

I have taken a housing loan from Lic housing finance Ltd, Asaf ali road, Delhi.loan a/c no 11034656and according to the terms and conditions of sanction letter, the rate applicable at the time of disbursement will be applicable. At the time of disbursement of my loan rate of interest was 8%, where as i was given disbursement at 11% as it was at the time of sanctionning. Before taking disbursement i gave a written letter to Mr Adhikari (Area manager ph # 011-2310616) but he refused to acknowledge the same and very rudely told that nothing could be done. Later also many times i tried to contact him, but he avoided my calls and personal visits. Now i have not given property parers to Lic housing finance, so they have started threatening me through their lawyer of dire consequences if i don't give property papers. Now Mr Adhikari and their lawyers both are threating me of dire consequences.

Can a government official or an officer of repute behave in such a manner, also why is he refusing to aqknowledge my written complaint, as a salaried employee i have limited income and can't afford to pay 3750/- more every month because of difference in rate of interest.

Warm Regards,

Alok Mahajan

09810241939.

Company: LIC Housing Loan
Country: India

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