[Resolved]  IDBI Bank — home loan not given but charged for procedure

Address:

Mumbai City, Maharashtra

I applied for home loan at idbi. Firstly they assured me home loan against property, hence i have provided all documents for my mhada property of mbrr board at byculla, even bank charged for legal and valuation procedure. As bank required noc from mhada and society, i informed them that i would give noc of society only, but couldn't provide mhada noc as mhada doesn't issue noc to mbrr property. Mhada only transfer property ownership for mbrr and issue ownership transfer letter. Due to only mhada's noc bank rejected my loan but charged for procedure. I requested bank for refund they denied. Even i requested them that you can confirm from mhada regarding noc, they didn't confirm. Due to bank's assurance i have done registration & stamp duty of said property for which i spent rs.2, 10, 000. This new business of idbi to gain money from giving assurance for loan and not giving service. After providing all documents even providing ownership transfer receipt from mhada, bank is not issuing loan. This is totally fraud done by idbi bank. Therefore it is requested you to refund my rs. 2950 & 1770 that charged by idbi bank for issuing home loan, but didn't provide home loan.