I applied for a HDFC home loan on May 23rd 2007, and till date, 11th August 2007, my loan is not disbursed. Whereas I got my in principle approval almost a month back. And the bank guys have not disbursed my loan even after they are done with their processing like valuation, legal opinion, survey, etc.
Let me tell you guys, if you are looking for a smooth transaction and a first time home buyer like me, stay away from this bank. The people in this bank are bunch of lazy officials who don’t budge an inch from their seats, so in all likelihood they must have never heard of anything called customer service.
You can very well understand the frustration I have experienced in dealing with this bank. And I am not going to stop here; I will do all I can to bring this bank to the consumer forum or ombudsman for all the dissatisfaction it caused me.