LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Bharat   16 January 2016

Bank avoiding to release security papers even clearing full

Swaraj Urban Bank acknowledge in writing of receipt full loan amount on 4/6/2007 but bank avoiding to hand over my original papers of my home which I mortgaged with bank for loan. Bank officials are insisting me for some cash amount from me to release security papers.

Kindly advice me how I can get my security papers release from bank.

Thanking you,

Yours faithfully

Bharat G
atbcentre@rediffmail.com



Learning

 2 Replies

Kumar Doab (FIN)     17 January 2016

Has the bank made it s demand in writing? Or do you have any evidence(audio/visual/witnessed/minuted)?

 

Is such fee reduced in writing in loan agreement signed by you?

You may issue final communication addressed to BM/MD/Chairman under proepr acknowledgment, preferably drafted by your able lawyer.

 

YOu can thereafter approach BO,RBI,DCDRF etc.

Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 )     17 January 2016

You can approach banking ombudsmen for your grievance submission.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register