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LICHF Processing Delay

This is a discussion on LICHF Processing Delay within the Home Loan forums, part of the Loan category; I have applied for HL through LICHF 1 month back and till now they didn't give the sanction letter also. ...

  1. #1
    SriSri Guest

    Post LICHF Processing Delay

    I have applied for HL through LICHF 1 month back and till now they didn't give the sanction letter also. They are saying my file is with Back Office and there is some software update going on in LICHF and no files are being processed. Is it true?

  2. #2
    Unregistered Guest

    Default LICHFL delaying disbursement

    For last one month LICHFL (Thane branch) is delaying the disbursement saying there is some system upgrade issue. I fail to understand how some system upgrade can bring the entire operation down by more than a month.

    My builder is now asking for huge interest for delay in payment. I am receiving absolutely no information from my agent on this.

    There is no regret letter issued either. The contact numbers given in the sight doesn't work.

    The letter for overdue interest is putting me under huge mental pressure.

    I seek Consumer court's attention to figure out what's going on with LICHFL and how we can get protection from this interest payment with no fault from our side

  3. #3
    sunny shine is offline Junior Member
    Join Date
    Dec 2009
    Posts
    2

    Default

    hi i faced the same issue, they are still saying there is 15 days more delay to issue a check, i feel this has done me some good , you will understand this if you read my post

  4. #4
    Unregistered Guest

    Unhappy LICHF delay in processing

    I got my sanction letter in september 09.It has been over two months since i had submitted all the documents for loan disbursement @ Pimpri,Pune branch.They keep on delaying without any firmness on date of issuing cheques.There has been a considerable amount of pressure being put on me by my builder beacuse he hasn't even got the payment for the first demand letter.He is now ready to fine me @24% per annum.Inspite of my reptitive calls/visits to LICHF branch they keep giving future dates.Can someone please help ?

  5. #5
    Unregistered Guest

    Default Poor support & discripencies in pune area lic housing finance office

    I have appiled for home loan , i got sanctioned 15lacs for home loan. But at the time of Disbursement they have not financed 85% amount against the property value ie about 17lacs. LOAN Agent & area manager is also not responding well. They are only giving "taarikh pe taarikh" but not giving the proper reason for low disbursement. Several time me & father visited their office but every time they are demanding for new document but already all documents i have submitted to them.

    As per rule , i should get 85% amount of my property cost but they are not providing me the same. I want either proper clarification regarding this in writing or total 85% amount.

    Plz help me out in this issue. This thing is disturbing my Personal & professional life.

    Sudhir Adsul

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