Axis Bank — LOAN PROBLEMS

Dear All,

I was interested in taking home loan (construction of house for Rs. 5.5 Lakh) from AXIS bank and I applied for the same in your Delhi Branch. I preferred AXIS bank cause I am having Salary Account in AXIS bank, hoping it will be easy for me having loan from same bank.



I already deposited the necessary documents to bank.

Processing fees was also cleared from my bank on April23, 2008

After that on May19, 2008 I and my wife (Co Applicant) signed all the documents necessary for the Loan along with 12 No of cheques.

In another next week it was informed me that the construction was made on only first floor and no further construction is on going right now, so requested to start the construction for getting the loan.

Bank representative taken the Original Papers of house on 2nd week of June

BUILDING PLAN
PERMISSION LETTER FOR CONSTRUCTION
NO DUES CERTIFICATE
TRANSFER COPY FROM HUDA
REGISTRY OF PLOT
CONVEYANCE DEED
FULL OCCUPATION CERTIFICATE.


and the same was returned back on 29/06/2008 after one week saying that the originals was collected from Layer who will give me the check for loan which was sectioned on june19, 2008 vide Sr. No AXIS/08/HL/15030.

Now I started the construction and my construction was almost reached up to 2nd floor, still I haven’t received any loan amount from Bank, and on advice of Bank I already done most of the construction any how by arranging money from local sources.

Till today I was only getting assurance that it will be done in next week and so on this commitment was done from last 3 weeks.

So I request you to please look into the matter and please advise me clearly if it is not possible for you to give me the loan, so that I can forget my processing amount of Rs 5618 and in the mean time I can approach to any other bank for the same