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BHW-Birla Home Finance
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BHW-Birla Home Finance
Loan - Big trouble

Sir, I got a loan of 32 lakhs (240 EMIs) from BHW-Birla home finance when the rate was 9.5% last year. In 2007 Mar/April they increased the rate to 11.5% and applied to my existing EMI. Now at the same time they have increased my number of EMIs to 337 from 240. My question is, Can they increase ...