Union Bank Of India — Take over of floating rate housing loan [protected] by HDFC from Union Bank of India, Pathanamthitta branch

Address:	Pathanamthitta, Kerala
Website:	unionbankof india.com

Housing loan of Rs.25, 00, 000/- was sanctioned to me out of which I have availed Rs.21, 50, 000/- Several requests for release of remaining loan was not considered by the present manager. Construction of my house is in the finishing stage. Repayment of EMI is started in September 2016 by deduction from my salary and there is not a single default. Finally in February 2017 manager promised to credit the balance loan amount to my SB account for purchase of materials for flooring. I went to Bangalore and fixed granite etc. at a quarry and found that the loan amount was not credited as promised which failed me making the payment of the granite etc. At this point I got suspicious of the ulterior motives of the manager and searched for availing the loan from HDFC by takeover. A Cheque for Rs.23, 70, 000/- for take over of the loan was tendered at Union Bank of India, Pathanamthitta branch on 31.03.2017 payable at Pathanamthitta which was purposefully delayed for collection and credit given belatedly on 07.04.2017. Constant requests were made for release of title deeds which is yet to be done. Manager emailed a message promising release of title deeds either directly to HDFC or to me personally. Now the manager is backtracking and not releasing the titledeeds on the pretext that it is extended as security for a vehicle loan which is never in my knowledge. My humble request is to release the title deeds at the earliest so that I can avail the remaining sanctioned loan from HDFC and complete the finishing work of my house. Also I request you to make good the financial losses I incurred due to the purposeful delay in crediting the cheque for Rs.23, 70, 000/- to my housing loan

K.S.PRAVEENKUMAR