Dear Sir/Madam, I had availed home loan from ICICI Bank, Delhi on jan 12,2007 and the amount Financed was Rs.7,64,540. When I requested for Prepayment statement on july 26,2017, The Bank provided the prepayment of my Principal O/S is Rs.6,67,235.After paying 10 years EMI of Rs.12,50,000. I have no clue where has gone the 10years paid EMI amount of Rs.12,50,000. If I am continuing to pay EMIs , it will complete in 2031. So please sugges.
Dear Sir/Madam, I had availed home loan from ICICI Bank, Delhi on jan 12,2007 and the amount Financed was Rs.7,64,540. When I requested for Prepayment statement on july 26,2017, The Bank provided the prepayment of my Principal O/S is Rs.6,67,235.After paying 10 years EMI of Rs.12,50,000. I have no clue where has gone the 10years paid EMI amount of Rs.12,50,000. If I am continuing to pay EMIs , it will complete in 2031. So please sugges.
Dear Sir/Madam, I had availed home loan from ICICI Bank, Delhi on jan 12,2007 and the amount Financed was Rs.7,64,540. When I requested for Prepayment statement on july 26,2017, The Bank provided the prepayment of my Principal O/S is Rs.6,67,235.After paying 10 years EMI of Rs.12,50,000. I have no clue where has gone the 10years paid EMI amount of Rs.12,50,000. If I am continuing to pay EMIs , it will complete in 2031. So please sugges.
Hi All, I have purchased a property costing 28,00,000/- under 50-50 plan. I have opted home loan from IIFL as none of the other banks are funding this property right now. I have asked for 21,00,000/- loan. Out of which they have disbursed initial 11,00,000/- as per demand from builder. But problem is IIFL is saying that they will only charge interest on disbursed amount until full loan amount is not disbursed. This was not told to me while loan processing phase and I am willing to pay EMI on disbursed amount (11,00,000/-). IIFL is calming that as per rules non-bank can charge EMI till full loan amount is disbursed. Can someone please let me know if this is some sort of rules set by governing body or IIFL trying to make money by fooling people? Thanks Raj
Sir,I have got sanctioned home loan of 25lakhs from HDFC last month.Now after calculating my savings,I need Only 15 Lakhs as loan.Will bank reduce the loan or not?
Sir, I had issued a cheque for Rs. 14500/- to credit in to my saving of Dena Bank,for repayment of my Housing loan. But Dena bank same cheque not credit ed to my saving account. it was credited to my housing loan account and draw insurance against Housing loan and paid premium through my housing loan amount without informed to me. Apart from this your bank is charging me additional interest for non payment of due instalment of home loan. I write a letter to dena bank above matter bank reply me to Insurance was obatined as per agreement between dena bank and me. But agreement sing between dena bank and me in October-2014 and he boatined insurance police in feb 2015 with my housing loan amount. So my question is- 1) bank can transfer cross cheque of one account to another account without customer permission ? 2) Bank can draw insurance after agreement of home loan without customer informed? 3)Insurance company can draw insurance without filling insurance form and signature of housing loan holder?
Please give me reply. My email id as under vsowlakhe@gmail.com
