Personal loan - illegal acts by banks

Lodge a diary to the Police Station send a Complaint to the Banking Ombudsman and also to the Chairman,Reserve Bank of India.If you have sufficient documents for loan then you can file a civil suit and also a criminal case aginst the Bank.

or otherwise go and meet the Legal Deptt. of the Bank and try for an amicable settlement.

It is a case of blackmailing and extortion for that police complaint /FIR is the only option since the bank is adotpting illigal and unauthorised pressure tactics

PLEASE VERIFY YOURSELF WHETHER YOUR RELATIVES GAVE ANY UNDERTAKING LETTER.   IF SO, U CAN NOT TAKE ANY ACTION AGAIST BANK.

If you are sure that your relatives did not sign any documents/ guarantee to your loan account, cause to issue a legal notice to the bank through a competent lawyer.

not recommended- Useless

file a complaint in the consumer court for disturbance and mental agony. You will get immediete relief.

I agree with Mr. Raju OF Advocate

Dear Sudhir

Your relative have right to file a compalint againt bank, civil suit for dafemation, can file the compalint before Banking Ombudsmen.

feel free to call

Sir 

if it is a fact that you have defaulted in paying the legitimate dues of the bank, then I am afraid you do not have much do in this situation. However, your relative who has been issued the notice surely has legal recourse against the bank.

not recommended- Useless

Why did you gave names of yur relatives? who is responsible, bank or you. who instead of paying your dues, , and giving your relative's name for what ? sending them garland? or information that you are not repaying your loan ? 

Sudhir & All Experts: use your comon sense,

Despite that if you like to break your head, carry on! Let me know the outcome after  6 months, or a year, whether you acheived something OR  it is useless  ? 

relatives has legal has legal recourse against the bank.? or our R D BAGCHI , WHO REFERRED THEM TO BANK?? 

U SAID "Bank is sending legal demand notice at my relatives place which was just mentioned as one of 2 references (not as guarantor)"

SO WHERE U STAND??

SO I ADVISED "
not recommended- Useless

IF ALL STATED ARE FACT- NO DEFAMATION

IF U REFERRED  BY YOURSELF: and Bank have no right to refer them, Q IS WHY U REFERRED REMEMBER: IT IS U  WHO REFERRED, SO U R RESPONSIBLE, NOT BANK.  

Your relative have right to file a compalint againt  YOU============= not bank,

why Sudhir is keeping quite??? what  comments by other experts???

SHOW ME THE RESULT OF YOUR useful complaint???????????

don't misguide he querist...His time , money and efforts has value; don't ask him in useless  acts..