Dear Sirs,

I need some help. Can you please help me with my problem with a finance company in
chennai or can you direct me to the concerned person.

I had taken a mortgage loan of Rs 400,000 against my property with Nat TrustHousing
finance in March 2007

I agreed for a tenure of 73 months@ 7412 per month (Letter given by them is with
me).Suddenly the tenure is increased to 77 months with the same EMi .And mentioned
that as per the SARFAESI they have increased the interest rate.

Now I get another certificate saying that the tenure has been increased to 8years.I
have not signed nor acknowledged any of their letters and I am not sure if they can
do this.

I was told by one of their persons that the SARFAESI had only told them to increase
rates and not lower them but I do read that the interest rates are coming down and
it is this company has been increasing the rates for a Mortgage loan

I would look for your kind advice on the same

With Regards,

C.Somasundaram