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undertaking of Loan by Bank

(Querist) 09 December 2009 This query is : Resolved 
Dear Sir,

I took a Housing Loan against my property. which is separate from other loans running in the same bank. after some time transferred my loan to another Bank and the same was under taken by it. that previous bank is now nethir release the papers of property to me nor send the same to the bank which undertaken my said loan. what is the remedy for me.
S.KARUNAMOORTHY (Expert) 09 December 2009
Dear sir...

Send a legal notice to the former bank staing that the documents has to be handedover to the bank which undertaken the loan, if they fail so file consumer complaint in the Consumer forum depending upon the value, the district forum or state commission as the case may.... or else write a complaint to the Ombudsman which has the power to control the bank..

All the best.....
RASIK DAGLI (Expert) 11 December 2009
Yes, I agree with Mr. S.Karunamoorthy. I think that you paid the entire Housing loan of the previous Bank.
RASIK DAGLI
Advocate.


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