[Resolved] Bank Of Baroda — HOME LOAN REQUEST NOT BEING PROCESSED FOR TAKE OVER FROM ICICI

[Resolved] Bank Of Baroda — HOME LOAN REQUEST NOT BEING PROCESSED FOR TAKE OVER FROM ICICI

R RAJAT R ROKDE from Pune, Maharashtra

TO MANAGER BOB HOME LOAN DEPARTMENT SUBJECT :- HOME LOAN REQUEST NOT BEING PROCESSED DEAR SIR, I RAJAT RAVINDRA ROKDE HAVE APPROACHED THE BANK OF BARODA PUNE RETAIL LOAN FACTORY(GHOLE ROAD) ON 10 NOV 08. THERE THEY HAVE ADVERTIESED THAT HOME LOAN WILL BE SANCTIONED IN FLAT6 DAY. TILL DATE NOTHING HAS BEEN DONE IN MY CASE EVEN AFTER SUBMITTING NEARLY EVERY DOCUMENT THEY ASK STARTING FROM DEGREE CERTIFICATED TO EX EMPLOYER'S EXPERIENCE CERTIFICATE(PLEASE SOME ONE TELL THEM THAT I HAD APPLIED FOR LOAN AND NOT FOR JOB) NOW THEY ARE ASKING A LETTER SIGNED BY ICICI THAT THE MORTGAGED PROPERY DOCUMENTS WILL BE DELIVERED TO BOB AND NOT TO ME, WHICH ICICI SAY'S IS AGAINST THERE POLICY. ALSO WHEN THEY ALREADY HAVE A POLICY WHEREIN THEY PROVIDE FREE PROPERTY INSURANCE THEY ARE ASKING ME TO BUY A HDFC STANDARD LIFE INSURANCE POLICY, (their joint task with HDFC) WHICH IS AGIAN VOILATION OF IRDA (REMEMBER - INSURANCE IS MATTER OF SOLICITATION AND NOT A MANDETARY THING). AND YESTERDAY I GOT A CALL FROM BOB EXECUTIVE THAT BOB HAS ASKED TO STOP ALL TAKEOVER FROM ICICI. WILL SOME ONE PLEASE TELL ME IS SUCH THINGS ARE REALLY DECIDED BY BOB ON HIGHER MANAGEMENT LEVEL OR THE BRANCH IS EXPLOITING ME. ALSO WHAT CAN BE DONE TO TAKE MY LOAN REQUEST AHEAD WITH BANK OF BARODA IF ICICI DOES NOT PROVIDE SUCH LETTER. Was this information helpful? No (0) Yes (0)
Aug 14, 2020 Complaint marked as Resolved
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Comments

Sagar Naik

from Mumbai, Maharashtra

Dear Rajat,

Even I agree completely with you. BOBs executive came to my office and asked for the long list of documents. I had to spend money for photocopying the docs and had to visit my ICICI home loan branch and Retal branch to collect all the documents. After I managed to collect all the documents, the executive asked me for a letter from ICICI that they should hand over the documents at the same time when they issue a cheque to ICICI, which is against ICICI's policy. Now how is this possible?

I am completely pissed off by this attitude of BOB - when they advertise that the home loan would be done in 6 days.
Also can you let me know which bank have you approached now.
Sagar
[protected]

Sachin

from Mumbai, Maharashtra

Sagar/Rajat

Please approach ICICI Home finance ltd. main office. They will definetly give the letter which is bank of baroda is asking.

They have just changed the format of the letter from Feb 1st 2009.

Sachin

Sandeep Kumar Rawat

from Delhi, Delhi

Hi Sachin,

Is it true? Kindly confirm me once again because I have also the same case and BOB is not giving me loan because of that particular letter.

Regards
Sandeep Rawat
[protected]

Bishnu

from Visakhapatnam, Andhra Pradesh

I have recently transferred my loan from ICICI to BOB. In my case only they asked for a letter from ICICI providing the list of documents they are holding. Since ICICI is not giving any letter to hand over documents other than the owner, in my case they have asked for executing a power of attorney, that BOB manager will collect the documents on my behalf.

Bishnu

TAMILSELVAM

from Ernakulam, Kerala

PLEASE SEND MODEL LETTER . i HAVE TO BUY MACHINERY TERM LOAN FROM THE BANK. COVERING LETTER MODEL PLEASE SEND TO MY ID . IT IS AROUND 20 LAKHS ONLY.

venugopal

Hi
I am thinking of takeing fresh home loan from BOB. What is your view about BOB home loans.

pssmurthy

from Rajahmundry, Andhra Pradesh

please send me model letter. I have taken car loan from andhra bank since 2005. I have been paid EMI regularly till 2007.After that I have not paid regularly till date due to some deep financial struggle.The bank manager is giving notice with high amount, which is against regular amount. I want to write a letter to bank (smoothly) for reducing the amount and full and final settlement.

suresh9940

from Ranchi, Jharkhand

atm pin reset

sir verry argent my atm pin i don't no ple. sir my atm pin reset my a/c no [protected] my name - Inder kumar n. My add .4/9 mokurnala mutu street mandy ch.01 my .no .[protected] . . . . . .[protected]