Apr 10, 2017 01:53 PM
26038 Views
Recently I applied home loan from PHB Housing Finance. I was continuously ignoring them due to high interest rates, Suddenly I received call from their executive that I am eligible for 8.5% and my processing fee will be 5000+ taxes. In my sanction letter, they forced their plan on me without my consent. IN every bank there are different types of repayment plans.In this plan I was forced under pre emi plan under which there will be no principal deduction in first year. I asked them to put me on EMI under sanctioned plan, but they refused me saying that no such plan exist in PNB. My Processing charge was also hiked from 5000 to 10000 .PBHFL is a fraud company. beware before applying. Apply with SBI. They will have lot of documentation but there will not be hassle after your emi is sanctioned.