Banking credit facilities were msused by bank field officer
Srinivasa
(Querist) 01 December 2015
This query is : Resolved
Sir,
we paid the entire outstanding amount crop loan of SBI on 23.9.2015 and maintain credit balance of 2000/- due to high interest they are charging for crop loans (KCC)(rate of interest was 11.75% which is equal to personal loan),without closing the crop loan account request,reason for kept credit balance was in,crop loan account was pending for two installments of debt waiver of telangana to be released which should come to our account in will be in 2016 year 25000/ and 2017 year 25000/,but bank kept the original land documents at the time of disbursement in year 2012,we requested the old field officer give our original land documents so many remainders after we repaid of entire loan outstanding,he post phoned and i was telling tomorrow you can come i m busy now that way he told four times,neither collection of renewal documents not collection of consent of borrower and none of the debit authorization was given by borrower to bank,our facility was misused by old field officer without making the zero of drawing power to crop loan account, made a fraud of Rs.99000/-debiting the crop loan account of now he was transferred to another branch,but new field officer is denying the original land documents,demanding you have to pay outstanding loan of Rs.101025/ then only i can give original documents,after news i was shocking, i am quarreling with the new filed officer,already our account was credit balance of Rs,2000/- how debit balance would be Rs.101025/- then taken the loan statement, facts came to know before relieving from branch by old field officer done fraud this loan account,how can i proceed against bank and field officer. Request you suggest me sir,
Can i suit a file against previous field officer sir, who has misused our credit facilities without our consent.
P. Venu
(Expert) 02 December 2015
Please try to make a concise statement of the facts.
Srinivasa
(Querist) 02 December 2015
Sir,
we paid the entire outstanding amount crop loan of SBI on 23.9.2015 and maintain credit balance of 2000/- due to high interest they are charging for crop loans (KCC)(rate of interest was 11.75% which is equal to personal loan),without closing the crop loan account request,reason for kept credit balance was in,crop loan account was pending for two installments of debt waiver of telangana to be released which should come to our account in will be in 2016 year 25000/ and 2017 year 25000/,but bank kept the original land documents at the time of disbursement in year 2012,we requested the old field officer give our original land documents so many remainders after we repaid of entire loan outstanding,he post phoned and i was telling tomorrow you can come i m busy now that way he told four times,neither collection of renewal documents not collection of consent of borrower and none of the debit authorization was given by borrower to bank,our facility was misused by old field officer without making the zero of drawing power to crop loan account, made a fraud of Rs.99000/-debiting the crop loan account of now he was transferred to another branch,but new field officer is denying the original land documents,demanding you have to pay outstanding loan of Rs.101025/ then only i can give original documents,after news i was shocking, i am quarreling with the new filed officer,already our account was credit balance of Rs,2000/- how debit balance would be Rs.101025/- then taken the loan statement, facts came to know before relieving from branch by old field officer done fraud this loan account,how can i proceed against bank and field officer. Request you suggest me sir,
Can i suit a file against previous field officer sir, who has misused our credit facilities without our consent.
Sri Vijayan.A
(Expert) 03 December 2015
The question is not understandable.
please make it in a presentable form.
Rajendra K Goyal
(Expert) 07 December 2015
The old field officer if has done so, would be dismissed from the service and the money taken by him would be recovered from him. If other such instances done by him found, Bank may lodge FIR against him. State Bank of India is very strict against such staff.
Ask old Field Officer to return your money in 2-3 days. Give complaint in writing to Regional Manager and send copy by registered post to Local Head Office Hydrabad and let him face the music.
K.S.Srinivas
(Expert) 07 December 2015
File a complaint to the authorities against the field officer.
