[Resolved]  State Bank of India — COMPROMISE LETTER FOR LOAN SETTLEMENT

Address:

Mahabubnagar, Andhra Pradesh

TO,
THE OFFICER,
STATE BANK OF INDIA.

I AM D.RAGHUVIR S/O. D. BHASKER R/O.PEBBAIR, MAHABUB NAGAR DT. WE ARE ALREADY PROPOSED COMPROMISE LETTER FOR LOAN SETTLEMENT( ENCLOSED PROPOSAL) ON 4TH FEB'2013. THE BRANCH MANGER MR.VISHWANATHAM HIDING ALL COMPROMISE &PROPOSED LETTERS HERE IT SELF NOT FORWARDING TO THE HIGHER AUTHORITIES TO MAKE A DECISION AND HE IS NOT TAKING ANY DECISION TILL NOW ,AND ALSO PHASING LOT OF PROBLEMS WITH HIM.
HE IS NOT AT ALL CO-OPERATING WITH US MISGUIDING, FOR EVERY STEP HE IS IMPLEMENTING HIS TRICKS TO STOP OUR COMPROMISING.
FORCING TO US TO DO SIGNATURE ON LOAN REVIVAL LETTER. BY TELLING WE ARE TRANSPARENT,NEED NOT WORRY:
WHEN HE IS CHARGED AS BRANCH MANGER AT PEBBAIR , HE IS NOT FRIENDLY WITH US . EACH AND EVERY TIME WE ARE FORWARDING OUR PROPOSAL HE REJECTS HIM SELF AND SENDING LEGAL NOTICES AND GIVING FALSE INFORMATION TO THE HIS DIRECT BOSS.
THIS TIME DELAY CAUSES OUR LOAN INTEREST REACHING HIGH,MENTAL TENSION WILL NOT BE DECREASED.
DUE TO THIS ISSUE WE ARE LOSING OUR HEALTH, DUE TO LOSS IN BUSINESS WE PROPOSED COMPROMISE FOR FASTER SETTLEMENT, IF HE IS NOT MOVING FILE TO HIGHER OFFICIALS HOW COME WE GET RESULT? THIS IS NOT ESCALATING ABOUT MANGER BUT EXPERIENCES WITH HIM.
ALL WE REQUESTED PLEASE SETTLE THIS ISSUE AS EARLY AS POSSIBLE .




THE COMPROMISE LETTER AS FOLLOWS:


TO
THE BRANCH MANAGER, ‎04-‎02-‎2013
STATE BANK OF INDIA.
PEBBAIR-509104

RESPECTED SIR,
SUB : COMPROMISE PROPOSAL AT ONE TIME SETTLEMENT-REQ
Ref : 1. SBF PEBBAIR A/CNO: [protected].
2. D.BHASKER AND RAGHUVIR A/C: [protected].
I AM D.BHASKER R/O. PEBBAIR , PROPRIETOR OF M/S.SREE BHASKER FEERTILIZERS. PEBBAIR. IAM SUBMITTING COMPROMISE PROPOSAL WHICH ARE FULL AND FINAL SETTLEMENT DUE'S TO THE BANK.
NOW WITH GREAT DIFFICULTIES AND PROBLEMS I CONVINCED BY MY SELF AND ALSO MY CHILDREN, BY KEEPING IN THE MIND OF GOOD WILL INORDER TO GROWING OF THE BANK AT OUR VILLAGE.
EARLIER I HAVE GIVEN MY BUILDING TO RENATAL BASIS FOR S.B.I WANAPARTHY BRANCH SINCE 1995 TO 2004 FOR 9 YEARS.
I HAVE GIVEN MY BUILDING AT PEBBAIR TO RENTAL BASIS FOR S.B.I PEBBAIR BRANCH SINCE 1983 TO 2012 ALMOST 30 YEARS.
FOR THESE BOTH BRANCH'S WE ACCEPTED THE NOMINAL RENTS PROPOSED BY S.B.I. THE BOTH BANK BUILDING RENTS WERE LOW WHEN COMPARE TO MARKET RATE, I WAS VERY CO-OPERATIVE AND ALWAYS EXTENDED MY GOOD WILL TO THE DEVELOPMENT OF BANK. I WAS LOST 30 LAKHS IN THE FORM OF RENTS FROM STATE BANK OF INDIA.
WHEN I RUN THE FERTILIZERS BUSINESS I HAVE GIVEN DUE'S TO THE FARMERS. THE FARMERS DID NOT PAY THE DUE AMOUNT TILL DATE., IN THESE WAY I HAVE LOST NEARLY 3.5 CRORES IN THE BUSINESS.
THE INTREST AMOUNT FOR BOTH LOAN TO THE S.B.I BANK SINCE[protected] IS 12 LAKHS WITH OUT ANY INTERUPTION.
RECENTLY MY HEALTH CONDITION WAS UPSET DUE TO FINANCIAL TENSIONS& PRESSURES. I GOT MILD HEART STROKE RECENTLY & WAS ADVISED BY THE DOCTOR NOT TO GET TENSED.

I AM DEEP IN FINANCIAL CRISES; I HAVE LOST MY ENTIRE BUSINESS ON '2007 DUE TO NON RECOVERY OF PAYMENTS. BY CONSIDERING ALL THESE I AM ABLE TO PAY 35 LAKHS(THIRY FIVE LAKHS ONLY) TO THE BANK IN FULL AND FINAL SETTLEMENT INCLUDES ALL CHARGES.
SIR,PLEASE CONSIDER THE AMOUNT AT MY S.B A/C NO: [protected] ABOUT 9,77,000/-(NINE LAKHS SEVENTY SEVEN THOUSEND ONLY) AS TOKEN ADVANCE FOR THE SETTLEMENT.
IF THE PROPOSAL APPORVED BY S.B.I FROM THE DATE OF APPORVAL WE ARE READY TO PAY 25LAKHS ( TWENTY FIVE LAKHS ONLY) WHICH INCLUDES TOKEN ADVANCE WITH IN WEEK TIME AND THE REMAINING 10 LAKHS( TEN LAKHS) BY TAKING HELP OF OUR RELATIVES & CLOSE FRIENDS WE WILL MAKE ARRANGE WITH IN SIX MONTHS OF PERIOD OF TIME.
BY CONSIDERING ALL THESE I REQUEST YOU SIR TO KINDLY ACCEPT THE PROPOSAL AND DRAG ME OUT FROM THIS.
THANKING YOU SIR,
YOUR'S FAITH FULLY,

D.BHASKER.

D.RAGHUVIR.
ENCLOSED:
DOCTORS REPORT XEROX.