[Resolved]  Online SBI — About recovery of equity home loan

Address:

Shahdol, Madhya Pradesh

Sir, I am Nilofur Khan Lecturer Govt.Exellence hr.sec.school Beohari Distt.Shahdol .I took a home loan of Rs.10, 00, 000 in the year 2010 from State Bank of India Branch Beohari Dist.Shahdol the loan amount was repayable in 240 equated monthly installments of Rs.10, 000/- My loan A/c no.is [protected]. As i need more money bank sajested me about home equity loan and i submitted the application.After appraisal of loan application bank sanctioned me home equity loan of Rs.10.00 lac on 19/12/2012, loan account number is [protected] and this amount is repayable in Rs10, 699/-as EMI and i repaying the same consistently. Suddenly i received the notice from state bank of India branch beohari dist.Shahdol dt.14/08/2014 that my home equity loan was sanctioned is in violation of guidelines of RBI so you deposit the amount of Rs 10.00 lac immediately in bank.The letter was also sent to the principal of my school, District Education Officer Shahdol, Chif Executive Officer Janpad Panchayat Beohari and Commissioner Shahdol without any reasone It is important to note hare in that the bank apprised my self in regard to home equity scheme which has been introduce for the customer of the bank how are regularly paying the installment like me.As i come to know about the home equity scheme I also applied for the same along with other necessary documents.The bank after appraisal of my application sanctioned and disbursed loan after executing loaning document by me. . Now suddenly bank is making me allegation that i submitted wrong and false information to the bank where as bank was having entire documents for perusal and bank after examining entire documents and illegibility of me, sectioned the home equity loan .It is the duty of the bank, there for, bank ought to have calculate the illegibility of customer like me and accordingly loan has to be sectioned. In view of above it is crystal clear that under singed note at all misrepresented to the bank or its authorities in getting the loan . Infect the bank authorities it self failed to discharged their duty of good banker. It is humbly requested with folded hands to interact, order the Beohari branch to stop all unnecessary correspondence that to false allegations. Failing with I will be constant to take shelter of lawful authority for any advance consequences .I will not be responsible .So please do the need full in the meter as early as possible. pls see the attachments for further Mrs.Nilofur Khan Lecturer Govt.Ex.hr.sec.school Beohari Distt.Shahdol (M.P.)