[Resolved]  State Bank of India — Car Loan

Address:Ahmedabad, Gujarat

My Brother has taken a loan before 3 Years. I paid my all Installment in time. On Friday i went to bank at settelite Branch to closed my A/c. One Lady Officer give me Outstanding Figure and she told me to deposit that much amount. I gave the Cheque.She told come on Monday and Deposit Balance Amount in Cash,so,we will give you NOC.Now,When my went their the said you have first meet this person and deposit the Chq.This is their Internal Problem now they said me to come on Wednesday.When me said why should we pay the Interest for 4 Days, Another officer said do not talk with us.You have to pay Interest.
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Aug 13, 2020
Complaint marked as Resolved 
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I am willing to purchase Car thru finance by State Bank of India, Varanasi I have submitted my all docs with there MPST Cell a month back they have done the FI & it was positive then they sent my file to RACEPC Cell for sanction loan the file was returned by the sanctioning authority by saying that your service tenure is less than 1 year & we need colletral security of Rs. 1 lacs which is not fair.Now when we enquired on 23/04/2010 they said now the want 50% colletral security of financed amount ie Rs. 3.8 lacs.
So, please advise how to proceed with this situations.
My email ID: [protected]@gmail.com

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