They offerred 7 to 7.25% for diwali and dusserah offers. It was a trap. I was a fool to get trapped. Unnecessary I took a site and constructed a house. Now if i sell, i will loose registration charges, commission, etc. Now I am almost starving and do the same for next 15 years. EMI is increased.
RE:It is a trap and exploitation
by Navin W on May 01, 2007 01:15 PM Permalink
Hi, i understand you, from which bank u took the loan? I suggest you contact Lic for home loan, atleast they don't cheat. If u want i can give u one no, from which u can talk n take her suggestion. U can transfer the loan to LIC.
RE:It is a trap and exploitation
by Rakish Poulose on May 02, 2007 12:24 AM Permalink
now that you have realised that you were a fool, you will do better in life.
RE:It is a trap and exploitation
by annu santosh chandra on May 01, 2007 12:25 PM Permalink
their are the banks allows u to pay only interest and not the principal part, such as idbi bank's flexi option, where u can pay only interest and pay principal later period.