DMI Finance Pvt Ltd. NBFC bank increased the ROI two times in a year without taking my consent wheather i want to increase my EMI or tenure

Name of Complainant Harendra Singh
Date of ComplaintSeptember 4, 2023
Name(s) of companies complained against
Category of complaint Banking
Permanent link of complaint Right click to copy link
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Text of Complaint by Harendra Singh:

It’s been approx 1-2 months and all the time you mentioned in the email you have shared a request to the concerned team, I don’t know why you people will take lots of time to consider one request. I think SBI government bank services are better than you. Can you please confirm why you are taking so much time to revert to email?

I received the message from DMI housing finance. Due to the increase in PLR, the ROI for your home loan has been revised by 0.5% and EMI/Loan tenure has been modified accordingly.

Your bank ROI already being high compression of Nationalized banks, however i had requested you last year you to decrease my home loan ROI from 11% to 9.5% and i paid for this 12000/- but after 2-3 months again you had increased the ROI 0.5% and i’m paying my home loan EMI with 10% ROI and again now 4th August i got the message Due to the increase in PLR, the ROI for your home loan has been revised by 0.5% and EMI/Loan tenure has been modified accordingly.

Its very bad i think i did a very big mistake to choose DMI instead of other NBFC bank (GIC, Aadhar bank etc)

When i had taken the loan from DMI your executive (Jaswant Kumar) promised me you will get the PMAY subsidy with in 6 months but here is almost 3 years going to complete and i didn’t’ receive PMAY subsidy yet and he also promised your home loan ROI will also decrease after an year but nothing is happened yet.

Image Uploaded by Harendra Singh:

DMI Finance Pvt Ltd. NBFC bank increased the ROI two times in a year without taking my consent wheather i want to increase my EMI or tenure

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