Adoni Lakshmamma Co Operative town bank — Never ever take loan in this bank

Address: Kurnool, Andhra Pradesh

Please never take any small loan also in this bank on behalf of property. They will ensure that you will loose your property. It happened to us.

Amount taken is less than 4-5 lakhs, and we have paid until now more than 15 lakhs.

There are no regulatory bodies or authorities in india to act against them. It is shame on our financial system. Let people of regulatory authotities or bodies go and examine the bank, and can cross check, how many poeple 's properties are there in banks and how much interest they are charging.

Nobody is monitoring this.