Indian Bank — education loan account no [protected]- action under sarfaesi act - complaint made-reg

Address:

The General Manager(CSC), Indian Bank, Corporate office, 254-260, Avvai Shanmugam Salai, Chennai- 600 014., 60014

Date: 14.02.2020

From
K. Narayanasami,
3/352, south street,
Thalavapalayam,
Mariammankoil post,
Thanjavur - 613 501.

To
The general manager (Csc),
Indian bank,
Corporate office,
254-260, avvai
Shanmugam salai,
Chennai - 600 014.

Sir,

Sub: education loan number [protected] in favour of n. Vikraman-
Notice issued u/s 13 (2) sarfaesi act – complaint made - reg

Ref : notice u/s 13 (2) sarfaesi act, dt.03.12.2019 issued by the
Authorised officer/chief manager, indian bank, thanjavur
Junction branch, thanjavur.

-:ooooo:-

I am the co-borrower of the education loan number [protected] while my son n. Vikraman is the borrower and my wife m. Maheswari is the third party guarantor. On behalf of all o[censored]s, i make a complaint here under:

1. We sent a letter 0n 22.01.2020 furnishing our objection and representations to the authorised officer/ chief manager, indian bank, thanjavur junction branch, thanjavur -613 001 against notice served under section 13 (2) sarfaesi act in respect of the above loan marking copy to zonal office and corporate office, but no reply till date.

2. We suspect that the interest subsidy claimed for the said education loan might be misappropriated by the zonal office or thanjavur junction branch who has been maintaining the account. I also have no faith on branch office/zonal office, due to the past bitter experiences met with them. It is also presumed that they took sarfaesi act as a shelter to hide their lapses and mistakes.

3. Before taking action to issue notice u/s 13 (4) sarfaesi act, please conduct a fair enquiry on the lapses of your officials. I also request that i may also be summoned while conducting enquiry.

4. Once again i reiterate that i would pay the overdue in one payment and to continue the emi on receipt of repayment schedule. Otherwise i would resort to organize series of agitations like demonstration, fast, fast until death, etc.in front of junction branch, thanjavur seeking support from public, political parties, ngos. Etc to highlight the issues.


Thanking you,

Yours faithfully

Xxxxxxxxx

(K. Narayanasami)