Dear,

I had taken a loan against property from GE money Financial Services Ltd. on September 2006 which was of amount 5,75,000 Rs. At that time the procedure was done by Concept Management financial Services Ltd, C G Road, Ahmedabad. After approval of loan agreement was signed and I got a welcome letter in which interest rate was mentioned 8.77% and tenure was 132 months with EMI amount of 8881 Rs. After this they had increased interest rate at regular interval and had increased upto 18.28% and increased tenure to 282 months without any notice to us. When I inquired for foreclosure of my loan account they told me there is a foreclosure charge of 4.41% and with effect of that my total foreclosure amount is 5,79,666 Rs including pre-payment charges. :@
I want to complain about repeatedly increased interest rate and tenure without any notice and also after continuous payment of 42 tenures I had paid amount which is more then original loan amount. This is totally Un-bearable. Please help me in this matter and get me my hard-earned money back. Till now I had paid 3,73,002 Rs and even after that I had paid 7,79,666 Rs which is more then my original loan amount at the time of foreclosure which I did today.

I want justice in this matter. Please help me.