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State Bank of India [SBI]

State Bank Of India [SBI] — sbi- charging for non submission of rc book even after submitting the documents

Address:Hyderabad, Telangana, 500084

I have purchased a car worth Rs. 7 Lakhs and taken car loan of only Rs. 5 lakhs from SBI Kondapur Hyderabad. On this loan I am paying EMI of Rs. 8000. At the time of loan procedure, I have not been informed by loan manager about submission of RC book to the bank. And now they have charged fine of Rs. 8850 for not submitting RC book. During last 6 months I have not received any intimation mail /SMS or call from bank regarding the same and suddenly they are charging me fine more than my EMI. This amount is my one month salary. I and my husband are saving money and paying the EMI. How can the bank be so careless abt the deducting the money without any intimation
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