I have applied for a home loan with the Axis bank & my loan for the amount of 23lakhs was sanctioned to me,I have received the sanction letter as well from the bank.My loan was in process of disbursal where the bank was supposed to give the part payment of 11lakhs since the building is under construction.Meanwhile before a month ago, I had joined Axis Bank on a certain profile, but due to some reason I need to leave Axis & join some other organisation . Now when I have put my resignation, Axis is saying that they will have to cancel the loan, I am even ready to provide them with my new income proof but they are threatning me to cancel the loan. On the other hand , when I asked them what if I continue the job with Axis, the answer was if you continue the job,ur loan would be as it was going on but if I leave it will be cancelled.I would like to mention that this is a normal Consumer loan & not a staff loan.Is it fair for an organisation & its people to behave this way just to retain an employee. Can a bank cancel the loan on this grounds? Isn't the bank harassing me as an employee as well as a customer?? What can be done in this case?