I introduce myself; my name is Sellamuthu Prabakaran form Tiriuchengodu, Tamil Nadu, India.
Now I am working in Pondificia Universidad Javeriana, Cali, Colombia as Professor since last 1st August 2015. Before that I was working in Universidad Del Norte, Barranquilla, Colombia since last January 2013.
I am staying in Cali with my family.
Last April 2009, I took the Housing loan from LICHFL, Trichy (Loan no 21025021511) with 10 years EMI. Up to last January 2015, I paid without any delay every month. Now, due to some financial and unavoidable situation I am not position to pay my EMI against my LIC HFL, because I changed my employer.
In this regards, I approached to LICHFL, to reschedule or restructuring my loan for remaining period and also I made the compliant to RBI and Complaint No.201415006006643 against LIC Housing Finance Ltd from Banking Ombudsman, Chennai with mail ID email@example.com, M K Subhashree, Assistant General Manager, RBI, Chennai, on 11th June 2015 and Complaint Acknowledgment Number : COMP/591/2015 Complaint Against : HFC - LIC Housing Finance Limited , Complaint Source : BANKING OMBUDSMAN from Complaint Redressal Cell, National Hosuing Bank, Representative Office- Chennai on 26th June 2015.
Further, I am requested, to reschedule or restructuring my loan for remaining period many time. I already requested to your representative (Mr Suthagar and Mail ID firstname.lastname@example.org), but no proper response from his end.
On last July 10th I got mail from Mr M.SATHYANARAYANAN, AREA MANAGER,LICHFL, TRICHY (Mail ID - M.SATHYANARAYANAN@lichousing.com) and he says that, we will look into this and any possibility for capitalization we will inform you soon. But, after that, there is no proper outcome from him up to today.
After that, July 13th I approached to MR M.SATHYANARAYANAN, AREA MANAGER,LICHFL, TRICHY, If it is not possible to rescheduling of outstanding my loan, you know well, there is some option is available for defaulters in LIC HFL. Please, find some option to rescheduling or restructuring of outstanding my loan as per LIC HFL. Because as per the as per the RBI - MASTER CIRCULAR - PRUDENTIAL NORMS ON INCOME RECOGNITION, ASSET CLASSIFICATION AND PROVISIONING PERTAINING TO ADVANCES under PART B, (Prudential Guidelines on Restructuring of Advances by Banks), section 11.1 (Second Para 11.1.2), there is some provision is available for defaulters.
In this regards, once again, I am requested and consider rescheduling or restructuring of outstanding my loan amount and assure you after rescheduling or restructuring of outstanding my loan, I will pay every month without any default.
Finally, September 4th I got mail from MS BALA SUNDARI (BALA.SUNDARI@lichousing.com) to pay the entire outstanding loan with in 10th September and also not possible to rescheduling my loan not more than 10 years for NRI. If not under NPA which, they will attract serious legal actions.
But, I already, requested if it is possible for rescheduling, they can go restructuring my outstanding amount to the remaining period.
In this regards, I am requesting, please take the necessary action and solve my problem as soon as earlier. And, I hope, I will get the positive reply from your end and rescheduling or restructuring my outstanding loan amounts soon.
Thanking you with warm regards,
Dr S Prabakaran
Universidad Javeriana, Colombia.