[Resolved]  DHFL Housing Loan — Interest Rate Not Reduced

I totally agree to you. They raised the interest rate three times in a year following the other banks. But when other banks have announced and indeed reduced their rates, DHFL is maintaining status quo. They talk excuses when contacted. It is a private financial institution and have no transparency in the system of rate fluctuations / Calculations.

at present housing loan interest rate?(0-20 years)

Even I am facing the same problem. My tragedy is that after reducing the rate of interest by RBI and other private and nationalizes banks DHFL increased the rate of interest just after two months form the date of loan sanctioned. Pretty poor reason they gave for increasing the rate of interest "EMI paid by you is not sufficient for the repayment of loan taken by you" this mean after two months of sanctioning the loan DHFL comes to know that EMI which am paying is not sufficient for the repay the loan amount. This is very funny I have the written proof of this statement from DHFL.

DHFL has been in Housing Industry for the last 25 years, mainly focussion on the needs of the Lower Middle income group. It had financed millions of houses even in the very remote areas. In my experience they are charging reasonable interest and not charging any hidden charges

i am also facing same problem with dhfl.interest rate should cut accordigly.as all otherbanks reduced their interest rate accordingly.

i am also facing same problem with dhfl.interest rate should cut accordigly.as all otherbanks reduced their interest rate accordingly.but dhfl till charging 13.75% int.

Me to facing the same problem with DHFL. Though they reduced from 13.5 to 12.75.
We should contact the RBI odumbus officials to press further.

Me facing the same issue... How can we register complaint against them???

hhhhhhh

I am pradeep kumar and also facing the same problem with DHFL interest rate should cut accordingly.as all others bank reduced their interest rate accordingly.

I am facing the same issue

I have face such problem 2 times due irresponsible DHFL official.
Also after this kind of things only customer have to suffer the employee and the upper management does not take any action to help us.
So overall experience is, they just cheat you to not to migrate your loan from DHFL to other bank by the fake promise and then customer has to just suffer financially and mentally.

I had took loan from DHFL At RATE OF 12% INTEREST NOW INTEREST RATE IS 8.85. I Visited Head Branch For Reductions In Interest Rate But they said in last 1 Year My cheque was bounced 3 time that's why your record is not good and they are not reduce my interest rate

Hello,

I was quite happy with DHFL, except enforced Life insurance I have to take initially.

But recently I noticed ROI is reduced to 8.85% ( as per my loan type), but I am paying loan against higher ROI.

Since I have opted for Flexible Loan Type, it should be 8.85%.

Have sent email on [protected]@dhfl.com today, will wait for reply.

Regards
Shagoon

DHFL are absolutely ripping their loyal customer's. My Home loan ROI has increased thrice from 9.85% to 10.72% which equals a personal loan interest rate. I tried emailing [protected]@dhfl.com and DHFL Response and the response they gave was very lame which seemed to be copy & paste from their templates. They didn't give any option to lower the current interest rate even my EMI has been increased without any prior notification.

I have given several chances to DHFL but now I've decided to transfer my loan to Banks offering lower interest rate. Thanks DHFL for such a horrible experience!!

Hi Team,
Even I have a same concern, service and all are good but as am I a women salaried person who opted the home getting charged with 10.7 % ROI.
Kindly help me in reducing t rate of interest as per RBI rule.

Thanks,
Ramya Parthasarathy.
[protected]@gmail.com

Hi Team,
Just now i got to know my ROI is 11.47% not 10.70% which i thought of before. Not sure why it has been increased in latest time without my knowledge. its really disappointing which is more than the personal loan.
Please confirm me so we can try out in some other banks for lesser interest.

For your information,
Loan Application No:01167838.
Contact No : +91- [protected].

Thanks,
Ramya Parthasarathy.

ROI became 12.32

WHAT THE HELL

These scammers need to be taught a lesson.

I will be filing a case in consumer forum

I took Housing Loan from DHFL in Floating Method @9.85% in Nov 2016. But as per recent changes, ROI has been decreased sevreal times. Other banks had reduced their ROI and offering Loans at around 7.50% or 8 % (max). But DHFL is still charging us higher ROI. On asking DHFL Officials, they are responding that the scheme has been kept on hold . I have been calling them continuosly since Dec'2018 but they are repeting the same answer. This is a clear case of cheating.
When they want to increase the ROI, they do immediately. but when asked for lower ROI, they give give reference to RBI guidelines. Now the RBI has reduced its ROI several times, why DHFL is not responding and giving effects to its consumer.
Is there no one to do the reality check.