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

 
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FIN

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.

 
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Lawyer in Hyderabad.wats app no.9989324294

You can approach banking ombudsmen for your grievance submission.

 
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