Axis Bank — Housing Loan

Dear Sir/Madam,

I booked a flat at Kanhe Atulya, Jambhul on, Tal. Haveli on 14th December, 2020. While booking flat at Kanhe Phata, Mr. Pratik, Mr. Tushar Kudchikar and some Mr.. Faraz Khan were representing the Axis bank for home loan at the site. I told them that I am booking the flat No. 108 in Building No. 1 but it is not presently constructed. They told me that the amount of loan will be disburssed after phasewise construction. My customer ID is[protected] and my email id is [protected] or [protected] The status of the building is not worthy to pay at least 20% of the amount but the bank has already disbursed an amount of Rs. 11, 33, 198 (Rs. Eleven lacs thirty-three thousand one hundred nighty eight) to the builder. While I approached your Axis Bank Pimpri office, they told me that bank disbursed the amount on the ground of their technical team report but which report they do not show me. I think there is big mishap happed because I fully knowing that the technical report is not satisfactory to disbuse the amount. There is no construction on the date of disbusement nor today. Then on which ground the amount of disbusement is made. I am already paid the EMI till date but now it is possible for me to continue the emi of Rs. 23068. I was also told that till possession I have to pay the interest only. Now, my request is on which ground such a big amount of disbusement is made while there is no construction. And please stop my EMI further until you enquire the whole event. Because there is a huge difference of amount disburssed and amount to be disburssed according to construction.
Your immediate action in this regard is requested as I think the technical report submitted is made through some type of mal practices.
Please let me know immediately and stop my EMI further till completion of said project and if possible please return the amount paid till date as I have patient who is suffering from cancer and I need money every week for his chemotherapy or otherwise he will die.

Thanks and regards,

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