Legal Question in Real Estate Law in India

Hi. This is Mohan. I have purchased a Site in Bangalore from DHFL Bank @ 12.5% ROI. Later I came to know that Different Branch of the same bank offered interest @ 10.5% to other sites in the same layout.

I have raised my concern to the DHFL customer care but they replied by saying that they evaluate my salary, age, previous financial repayment & current obligations to sanction loan. So the ROI is 12.5%. But i don't have any bad financial repayment records & also taken loan in my salary range.

Pls suggest in this case how can I fight to reduce my ROI. Can I go to the consumer court against the bank. Pls suggest.


Asked on 3/27/14, 2:27 am

1 Answer from Attorneys
Fca Prashant Chavan Expert Edge LLP

27.03.2014

Dear Mohan,

You may approach the local Consumer Forum to address your concerns and resolve the issue.

Regards,

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Answered on 3/27/14, 4:47 am


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