Complaint against SBI Bank for Housing Loan
Santosh
(Querist) 22 December 2009
This query is : Resolved
Can anybody please suggest me how can I proceed with the housing loan? We have taken housing loan in 1998 Aug'09, due to nonpayment of loan bank has booked a case on SARFAESI Act. We have filled a case in DRT court for clarification on the amount shown in the new paper and the amount shown in the bank statement was different.
As per judgment from DRT, they told to pay total amount to bank and then ask for the clarification.
Bank has given the statement to DRT (The total balance amount with the interest rate of 13% per anum should be paid within a period of 3 Months).
We have cleared the total amount and requested bank to return the land papers by sending a letter to Chief Manager, AGM and GM (no response from the bank )
We met personally with Chief Manager for Land papers, he raise the new point that we have to pay the interest rate 15% per anum. Until we clear the amount the papers will not be returned.
Please let me know if further information is required in this regards.
Thanks in advance.
Raj Kumar Makkad
(Expert) 22 December 2009
Obtain direction from DRT Court for bank and on violation, take contempt of court action against all erring officials of the bank. Once the arrears of the amount told and got deposited, bank has got no right to raise entirely new point and raise arrears as per their sweet wishes and shims.
Devajyoti Barman
(Expert) 22 December 2009
Send details. Query incomplete for me to give clear opinion.
Guest
(Expert) 22 December 2009
NANDKUMAR B.SAWANT.M.COM.LL.B.(MUMBAI),ADVOCATE
MOBILE.09325226691, 09271971251
e.mail.adv.nbsawant@yahoo.co.in
e.mail.nandkumarbs@sify.com
REGARDING THE REPAYMENT OF LOAN KINDLY NOTE THAT
1.D.R.T.MATTERS ARE TO BE HANDLED WITH CARE.
2.YOU MAY KINDLY NOTE THAT D.R.T.WAS IS FOR RECOVERING BANK LOAN ARREARS.
3.HENCE IT IS ADVISIBLE YOU MAY FILE A WRIT PETITION TO THE HIGH COURT OF JUDICATURE HAVING THE AREA JURISDICTION AND ON THE BASIS OF ILLEGALITIES YOU MAY GET THE JOB DONE.
3KINDLY NOTE THAT IT IS NOT THAT EASY TO CONVINCE HIGH COURT FOR INTERFERENCE PLEASE NOTE.
I HAD OBTAINED STAY DIRECTLY FROM HIGH COURT FOR ATTACHMENT OF HOUSE BY BANK TOWARDS LOAN RECOVERY OF MY CLIENT.
IN CASE ANY FURTHR HELP IS REQUIRED YOU MAY SEND DETAILS OR WRITE OR CALL.
WITH BEST REGARDS TO YOU YOUR FAMILY AND FRIENDS.
THANKING YOU
YOURS SINCERELY
NANDKUMAR B.SAWANT.M.COM.LL.B.(MUMBAI),ADVOCATE
N.K.Assumi
(Expert) 23 December 2009
All said and done, nothing to add.
