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Indiabulls Housing Finance Ltd(IBHFL) - Not reducing the home loan interest rate asking money to reduce the home.

I wish to bring to your notice that i have taken a housing loan of amount of Twenty lakhs and eighty thousand. When the market rate and RBI reduces the interest rate, the Indiabulls finance limited has not reducing it, when i approach them they are asking to pay Five thousand five hundred rupees. They are not even sharing the account statements inspite number of times following-ups. I need a justice to reduce my interest loan as per the market rate and RBI norms. my current rate of interest rate is 9.70. India-bulls asking me to pay 5,500 rupees to reduce it to 9.15%. I want to know why should i pay the amount to reduce my interest rate ? i was taken the loan on floating basis so it should adjust as per the market rate automatically. Please do the needful justice. i would be really grateful to you for your all help. i am a middle class person and paying so much of amount in terms of interest.

0 Dec 25, 2016 10:47 PM Business and Finances

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