Housing Finance Companies go on collecting the EMIs for 12 months and credit the whole amount at the end of the year.They charge penalties for late payement of EMIs.By crediting the 12 EMIsat the end of the year and not every month tehy are CHEATING, crore, Over the years ,in which these Housing Finance Companieshave mushroomed, billions of people have been and are being overcharged,by way of interest.


Rajendra Kumar Surana
C1/82/7New Rajendra Nagar