[Resolved]  Axis Bank — REGARDING INTEREST ON HOME LOAN

Address:

Ahmedabad, Gujarat

Sir,

Sub: Regarding home loan

I have taken home loan from axis bank ltd. for purchasing a flat in the
scheme, “OZONE

AANGAN”.


Agreement number: PHR[protected]


Name: HIMANSHU H. LODHA

I have so many complaints with your bank regarding this loan. I can’t
state all of them here.

I am completely unsatisfied with the way my case was treated and I feel
that I have made a

big mistake to take the loan from axis bank.

All this was intolerable. But then even after so many things a big
mistake was made by your

bank.

The problem is related to disbursal of the amount to the builder.

The first disbursal from your bank was of Rs.525000 on 5/6/2011.

The bank started charging interest on this amount from that particular
day. The builder also

got the cheque at the same time. So it was fine

Next disbursal was of Rs. 450000.


I have signed the application for the disbursal in the month of March
2011. So we thought


that the disbursal was done.


In your statement also, the date of disbursal is 7/3/2012. The bank
started charging the


interest accordingly from that period.


But this cheque was not received by the builder. There was no payment
made to him for the


said amount in that particular period.

This we came to know at the time of 3rd disbursal. At that time builder
told us that he has

not received any amount except the first amount of Rs.525000.

We informed this in bank and after complaining again and again , they
paid Rs. 450000 and

the third amount of Rs. 180000 to the builder. This was done on the
dates, 23/10/2012 and

5/11/2012 respectively.

The case in that from the period of 7/3/2012 to 23/10/2012, the bank
has charged us the


interest for the amount that was not disbursed at all.

This comes to approx. 8 months and the amount for the same comes to
approx.Rs. 30000.

We have attached all the documents with this application. Kindly go
through the

statements.

I have given this application at Ahmedabad branch head office also.
They did not gave me proper answer and just told me that they will get
back to me.

ITS 3 TO FOUR MONTHS NOW THERE IS NO RESPONSE FROM THE BANK. WE REQUEST YOU TO SEE THE MATTER AS IT IS BANKS FAULT AND BECAUSE OF THIS THEY ARE NOT DOING ANY ACTIVITY FOR THE SAME

REGARDS

HIMANSHU LODHA





Regards

Mr. Himanshu H. Lodha