NBFC

Harpreet Singh (Querist) 25 May 2016 This query is : Resolved
NBFC charging high rate of interest. can I take them to court?

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Harpreet Singh (Querist) 25 May 2016
They are refusing to reduce rate & charging much higher rate that is prevailing in the mkt.

Kumar Doab (Expert) 25 May 2016
What is the loan for; housing?

Harpreet Singh (Querist) 25 May 2016
What are the legal options I can take against a NBFC charging high rate of interest.

Harpreet Singh (Querist) 25 May 2016
Yes it is Lap I have taken.

P. Venu (Expert) 26 May 2016
Please post the material facts.

Rajendra K Goyal (Expert) 26 May 2016
Go through terms of your agreement signed for loan.

Casual query may not solve the problem, it is better, state material facts and / or discuss with some senior lawyer in the field for guidance, clarify your doubts.

Kumar Doab (Expert) 27 May 2016
Other query by querist at:

http://www.lawyersclubindia.com/forum/details.asp?mod_id=137664&offset=0

You may otherwise go thru:

RBI guideliens that are available on RBI website.

National Housing bank Guidelines if it is housing finance company.

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