[Resolved]  HDFC Bank — Undated cheques as security

HDFC Bank has taken an undated cheque for the sanctioned loan amout though I have availed only a part of it. I was asked to this just before the time of registration of the property and they have not issued a receipt yet.

Is it legally correct for HDFC to take undated cheques ? If legally correct, why is it that they are reluctant to provide a receipt?.

If legally incorrect, is there a tribunal where I can challenge bank's action?
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Aug 14, 2020
Complaint marked as Resolved 
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Dear Friends,

Just go to:

CONSUMER DISPUTES REDRESSAL COMMISSIONS
in your respective states and lodge a complaint against HDFC / ICICI and any such bank doing so.
You may even file a police complaint againts bank for cheating. Just consult a lawyer - it will be resolved.
Law is definitely a painful process but Believe me it is always fruitful and in favor of customer.

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