IndiaBulls — Frequently Increasing EMI amount & Tenure no principal reduction

We are having home loan with Indiabulls, we would like to inform you that we have taken a first loan in the year 2012, and then top up on 2016 & 2017 which total comes to 43, 67, 860/- against which we have paid installments above Rs.48, 00, 000/- till July-2023
Looking at the above scenario we understand that even after paying above Rs. 48, 00, 000/- our principal amount is reduced marginally, referring to statement & repayment schedule we come to know you are increasing our tenure and also increasing rate of interest as well as monthly EMI frequently is unfair to us,
Also, during the pandemic period of covid -19 we have written emails and personally visited to the Indiabulls Thane Branches for the several issues like moratorium, insurance policies queries, restructuring of loan, request for reduced rate of interest, request to reduce EMI etc. but we have not received any satisfactory response from your end because of this reasons we are facing financial crisis and we are getting mentally depressed in its effect on our personal life.

It is Totally customers harassments and sucking customers money

We request you to kindly help us.
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IndiaBulls customer support has been notified about the posted complaint.
 
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Dear Customer,

Thank you for letting us know your issues.
To serve you better we request you to please write back on [protected]@indiabulls.com or you may contact customer care[protected] in order to assist on your queries / requests / concerns.

Shivam, Team Dhani

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