IndianMoney Review – What to do if you have complaints against loan provider

It is quite possible that you have some complaints against the company that provided you the home loan. Do you have suspicion that the company cheated you? In this Indian Money review we will look at ways fraudsters use to cheat common people and options you can utilize for filing a complaint.

Techniques Fraudsters Use

According to IndianMoney Company Bangalore, fraudsters use different techniques to scam people. Let us go through the details here.

Mis-selling: When we get a loan from bank, the loan application is where the terms and conditions are documented. At the time loan sanction letter is released, the loan provider usually prints or writes the rate that was mutually agreed. However, Indian Money review Bangalore show that oftentimes these unscrupulous loan providers include new higher rates instead of what was mutually agreed.

Lock-in Period: Many loans have a lock-in period and IndianMoney dot com Review has received complaints from people that loan providers do not intimate their clients about such lock-in period. If the loan provider does not offer pre-payment facility then customers get stuck for the lock-in period even if they want to pre-pay.

How to file a complaint?

As per C. S. Sudheer, IndianMoney CEO, if you are facing problems with your loan provider then you can file a complaint against the same. You will have to get in touch with National Housing Bank’s Complaints Redressal Cell and inform them about the problem you faced. There address is:

National Housing Bank Department of Regulation and Supervision,

Core 5A, India Habitat Centre, Lodhi Road, New Delhi- 110 003.

Apart from going there in person you can also send them an email at – crcell@nhb.org.in

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