[Resolved]  UCO Bank, Howrah — excess interest charged on business loan

Address:Howrah, West Bengal

sir the following problems had been encountered by a friend of mine, named Tapas Patra of m/s Nirmala Enterprise. the following statement came from his behalf.
dear sir,
most respectfully i beg to state that , i ,Tapas Patra,proprietor of m/s Nirmala Enterprise is facing a problem concerning bank loan from UCO bank, Mugkalyan branch,howrah[protected].my c/c no is,[protected] which falls under the loan scheme,namely UCO Trader. but unfortunately the scheme had been replaced by UCO general scheme.the loan had been taken since, 2003 .in 2006 a modification had come from UCO bank. suddenly on18.11.2006 i had received a bank notice stating that excess 2% had been charged in my account without showing valid reasons. the notice even stated wonder eyes, that the assigning bank official,i.e,manager who asked my advice how to proceed on to my case. on 10.08.2010 a term loan had been repayed in full and i got back all my documents relating the loans by the consent of the then manager without any applocations. but the present acting manager is harassing me by demanding all the documents so that i re submitted the document but he unofficially stopped all my transactions for 7 days .it cost me a great for my business. after 7 days when the security deposits was increased as demanded .the acting manager provided me a modified notice of 2% increased rate which he did not suffice me with reasons.an application was written to the bank under the manager advice to reverse the case in order to solve the problem which he delayed.
i felt, i had been cheated on by the aforesaid bank. as i run an enterprise business it is quite difficult for me to cope with the situation .therefore, i request,you to kindly take firm steps into this matter.
thank you
my personal contact no is,[protected]/[protected]
yours,
Tapas Patra,
proprietor of m/s Nirmala Enterprise.
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Aug 13, 2020
Complaint marked as Resolved 
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UCO Bank — NON ISSUING PERSONAL LOAN

I am working at Kendriya Vidyalaya O. F. Ambajhari Nagpur my salary has been deposited in UCO BANK O. F. ESTATE AMBAJHARI, NAGPUR. but bank refuses me to issue personal loan saying that your department has not giving undertaking to deduct the EMI from salary what can I do Please guide me
Thank you
Prashant gadge

charges for loan — excess charge

I have been sanctioned Rs. 4.00 lacs as personal loan for meeting the expenseds of my daughters higher studies in foreign country. Since educational loan having more complication and not a easy process, first I applied for personal loan for meeting urgent requirements. The loan was sanctioned on 24.3.2011 and immediately after the loan transferred to my account an amount of Rs. 8500 has been deducted from the same. I think the same is first instalment . then the money was not utilsed immediately on 31.3.2011 they again deucted Rs. 9450/- after updating my pass book I was shocked that Rs. 8500/-deucted immediately after giving loan is the charges for sanctioning Rs. 4.00 lacs. I was taken loan from a nationalised bank and is there any approval by RBI for charging these huge amount as processing fee etc if not kindly advise me what to do with this amount. I was not approcahed the bank because of not knowing the actual RBI guidelines. The same is applied to my friend also who has also takne loan alongwith me

My friend was taken loan from another bank, who has paim only Rs. 1000/- towards bank charges fo r loan. My bank is taking 2% plus service tax

pl advise what to do
no response.plse help me sir.
yours Tapas patra

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