HDFC Bank — Waiver of foreclosure charges

Address:

35 A/1 Rampur Garden Bareilly Uttar Pradesh

Dear Sir

We are availing Working Capital Limit from your Bank Since 8 Years & continuously paying all interest on time and having all Banking relation With Your Bank .currently Availing Cash Credit Limit of Rs 4.30 Cr and ECLGS Limit of Rs 0.5923600 Cr. I was continuing following for enhancement of Cash Credit Limit from 4.30Cr to 10 Cr and 1 Cr TL From Last Two Years but your bank is not allowing for the same and We had Submitted request 2-3 times for enhancement and after continuously follow-up your bank has sanctioned of RS 6 Cr CC and 1 Cr TL in September 2021 but till date it has not been disbursed.

And We are continuously following for disbursement due to fund requirement in covid Period as per product demand in the market but your bank has not disbursed after 4 months sanctioned of the enhancement limit.

We have Received a mail on 22nd Dec 2021 from your Bank RM Mr Anmol Kapoor (Emp id -A36621) that your Existing Property is negative due to no proper demarcation. further as a replacement, We have given fresh one additional fresh collateral of Rs 18 Cr Approx and your bank has also mark negative of additional fresh property due to mentioned title not cleared, confirmed by your RM over mail and we have no additional fresh property for given to you.

Simultaneously We had applied working capital Facility to another Bank and they have sanctioned of total amount of Rs 10.53 Cr on same collateral which was offered to your bank and they have already completed the process and given the takeover O/s amount of Rs 4.2958 Cr For Cash and 0.5034949 Cr For ECLGS through RTGS dated 10/01/2022 and 14/01/2022.

And after given the RTGS your Bank has mark debit freez in our cash credit account on 12/01/2022 and our work has hampered due to debit freez in our cc account (A/c no- [protected]) With out any intimation and our additional amount of RS 1.30 cr has blocked.

Now Your Bank has done our Drawing Power zero in cash credit account and we have given the request to your bank for closure request of ECLGS Limit on 14/01/2022 as per current outstanding of ECLGS account.

Now Your Bank is asking takeover charges @4% for closure of the all limit and released of our all property paper and No dues certificate and We have discussed and requested to CH-Mr Ravi Agarwal (Emp id R13709 ) & UH -Mr Sandeep Ahuja For Wavier of the Foreclosure charges but they are declining the our request over phone and they have given old renewal sanctioned letter dated 15 Feb 2020 which is no valid document for foreclosure charges

As you ware of That We engaged in food Processing unit and classified under Priority Sector Lending. and for your information i am kidney patent and your bank is torturing for given the foreclosure charges @ 4 %.

So humble Request to you Please fully waive the foreclosure charges and released our Original Property Paper & No dues Letter on urgent basis We will thankful in life.