Sell sbi life by fraud
ketan_shriv
(Querist) 19 January 2016
This query is : Resolved
I request to SBI for Loan of 20-22 Lakh in reference of Builders agent to SBI Bilkis ganj Branch on the month of JULY 2014.On the date of 13.9.2014 I got a call from SBI Branch Manager for signing of documents and Submit processing fees and valuation amount for disbursement of loan. The Bank Manager told m that I am Eligible for only 18 lakh loan But I was eligible for 20 lakh loan what he have do with 211000.I am Describing it and a big fraud by Branch Manager
Account no:
Home Lon Account no:
Name:
1. Sale SBI Life by Fraud and also Provide Loan for purchasing SBI Life without information : He just gave an Agreement to sign where I am eligible for 2011000.But he asked me that I have to take the SBI Life Policy which is mandatory. If I will not purchase Policy Bank will not provide me Loan. But in Agreement it is provided that Policy is provided when requested when I told him then he told me that it is old agreement and in new agreement it will be mandatory .Loan cut off was provided 18 lakh is for loan and 211000 is for policy. But here he did not told me that actually he was giving me loan of 211000 for policy .If he acknowledged me I did not take loan from Bank. And not even me even any person will not take loan from bank where he have to take loan of 211000 from bank for purchasing policy.SO he hide all those facts which comes in my knowledge after 15 months when I receiving Message from Bank for not paying installment of Home loan when I asked about message from Branch Manager he told me that Ignore this message your all emis are success and no cheque for home loan has bounced. And after 15 days he told me that the emi which is not paid is of my second loan account which is loan of 211000 for SBI Life. Then i shocked that I have another loan of 211000 other than my home loan. I was requesting him for statements for one year but he always told me that he is out of station and did not get statement from one year. I request to racpc branch they told me they are not dealing in Public services I have to take it from Branch Manager. When I told to SBI Tolll free they told the same thing they can’t give Statement. Then I have to go for conversation with branch manager now he gave me statement and told me that I can stop the policy as he paid the first premium of 41000 to sbi life insurance .I have to pay the amount of 41000.I am not getting for what should I have to pay 41000.He did not told me about the policy without my knowledge he transfer 41 k to the sbi life policy and now taking money of 41 k from me.The actual problem is that he get signed one agreement from me where policy is written if requested but I did not given any request to him for sbi life policy what can be done in this case please guide me. If any how we can get recordings of phone conversation between us he accept on those calls that he had make mistake by saying it mandatory.
My concern: (1) bank Manager did not give me time to study agreement and just asked to Sign within 10 minutes.
(2)He has to give me time to Study Agreement and Clear my doubts
(3)Even when I raise doubt on 2 main Points he misguide me
(a)When I asked him it is written that Policy is provided when requested when I told him then he told me that it is old agreement and in new agreement it will be mandatory.
(b) And when I asked about emi of 20665 that I cannot provided he told me that I have to pay only 18-19 including policy which is fix about 19 k and
I am paying this amount from one year by means of ECS if he deducted 20665 from first month his fraud can be noticed so he is deducting 19k from one year why not he started 20665 deductions from one month.
Reply from my side
(4)If he have to sell SBI Life firstly he have to explain me about the policy then tell about the costing which is 211000 and he have to told me that he is providing me loan of 211000 for SBI Life. If he explained me about SBI Life then show me the receiving where he explain me about the SBI Life and I told that I will purchase.
(5)As in agreement it is given in front of sbi life (if requested) then shows me the application where I request for SBI Life which costs 211000.
Rajendra K Goyal
(Expert) 20 January 2016
Repeated and already replied:
http://www.lawyersclubindia.com/experts/Fraud-by-builder-579926.asp#.Vp9aU_l97IU
