[Resolved] HDFC Bank Bank, Home Loan — Irregularities in HDFC Loan Closure Process | |||
Hi, I have purchased a flat in Ejipura, Bangalore. The seller of the flat has a loan with HDFC Bank. Registration of flat was done on 20-May-2010. I have taken loan from IDBI bank for purchasing the flat. A DD of 12,76,480/- was given by IDBI bank to HDFC loan account 91512004 on 22-May-2010 to close the loan account and transfer the flat documents to IDBI bank. It has been close to 5 months and the documents have not yet been transferred. I had gone to HDFC CMH Road Branch, Bangalore last week and found that the loan account has not been closed due to some pending amount. I do not understand, how did HDFC accept the DD for closure of account and agree for Bank to Bank transfer of documents and and now say that the loan account is not closed. I feel that the seller along with someone in HDFC has done some fraud and managed to get the amount paid to loan account without transferring the documents. Please find below the details of the seller and his loan account details. Flat Seller (Has loan account with HDFC) - VIJAY KALOSE CBH Home Loan Account Number[protected]CMH Road Branch, Bangalore) Contact from HDFC (As per the seller - Vijay Kalose) - Chandra Mohan working HAL Airport road branch Flat Address: 31/4, 3rd cross, Anjaneya Swamy Layout, Ejipura, Bangalore Registration done on: 20-May-2010 Documents transferred to IDBI on: Has not been done till date. No date given for the same Request you to do an enquiry on this case and punish if anyone from HDFC is involved in any irregularities. Also, kindly let me know the date by which the documents will be transferred to IDBI bank. Hoping for a quick reply. Thanks & Regards, Sujoy Was this information helpful? | |||
Aug 13, 2020 Complaint marked as Resolved | |||
 6 Comments | |||
Comments
Housing Loan — Irregularity in Account
HL A/C [protected] under fixed rate (8%) since beginning and 3824/ is deducting my SB A/C [protected] in Vadodara raopura branch under S I . Several times ROI has been changed and lodged a complaint in year 2007 but till now no rectification has been done in my account and excess intt charged and as on date bank is not giving any reply of my complaint.Now bank is deducintg 4300/ inplace of 3824/ wihout my knowledge . This is 100% cheating by bank and creating too much mental tension in this regards. Now I am requesting to you pl rectify my loan account under intimation to me within 15 days otherwise I shall take legal action for such type of cheating . I shall deposit 3824/ directly to avoid standing instruction of my saving a/c till rectification . Thanking you sir in anticipationHDFC Bank — home loan
dear sir,I am 3 years old customer of hdfc bank, my track record is ok so bank gave me personal loan of amount 3 lakhs at intrest rate 18% for 3 years tenure and now offer me car loan for amount 7th lakh, bank gave me these facilities with out any form-16. I need home loan for same amount and for same period but bank not intrested due to reason of less intrest rate. so pl help me that how can i take home loan
thanks
brahampal from panipat haryana
ac no [protected] hdfc
Adding more details on how the fraud was done. This will benefit people who are buying flat with loan transfer.
I had paid full amount as agreed and rest of the amount was paid as DD from IDBI bank to HDFC bank through lawyer of IDBI bank. This was done on the day of registration.
After 5 months of running around behind the seller, i took IDBI lawyer to HDFC bank and finally managed to get the outstanding statement for the loan account. On looking at the statement what i found was that the seller had given given HDFC bank 20 postdated cheques of 15000/- each to HDFC bank. HDFC bank did not inform about this while telling the outstanding amount to IDBI bank. Rest of the cash was already paid to seller. Seller defaulted on the cheques and all the cheques bounced. HDFC was holding the documents transfer due to this 300000 rupees pending to be paid by seller. I was kept in dark for 5 months after registration. The issue was resolved only after IDBI bank manager stepped in and mediated by asking seller to pay the outstanding amount to HDFC and transferred the documents from HDFC to IDBI. I have the soft copy of the statement and also details of how this fraud was done. BE CAREFUL WHILE BUYING FLAT. YOU NEVER KNOW WHAT KIND OF PEOPLE YOU HAVE TO DEAL WITH.
I have proof of every amount paid and also the loan account statement.
I had paid full amount as agreed and rest of the amount was paid as DD from IDBI bank to HDFC bank through lawyer of IDBI bank. This was done on the day of registration.
After 5 months of running around behind the seller, i took IDBI lawyer to HDFC bank and finally managed to get the outstanding statement for the loan account. On looking at the statement what i found was that the seller had given given HDFC bank 20 postdated cheques of 15000/- each to HDFC bank. HDFC bank did not inform about this while telling the outstanding amount to IDBI bank. Rest of the cash was already paid to seller. Seller defaulted on the cheques and all the cheques bounced. HDFC was holding the documents transfer due to this 300000 rupees pending to be paid by seller. I was kept in dark for 5 months after registration. The issue was resolved only after IDBI bank manager stepped in and mediated by asking seller to pay the outstanding amount to HDFC and transferred the documents from HDFC to IDBI. I have the soft copy of the statement and also details of how this fraud was done. BE CAREFUL WHILE BUYING FLAT. YOU NEVER KNOW WHAT KIND OF PEOPLE YOU HAVE TO DEAL WITH.
I have proof of every amount paid and also the loan account statement.
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I had applied for HDFC bank home loan and they asked me to give a processing fee of 13000 Rs in advance.They said if you take the home loan then only it would get deducted.
I refused to take the loan from hdfc bank and now they are not returning my money.
Can anyone pls help me on this regard