This is a shock for me as they informing no NOC after taking all the money. Please help what are options legally or regulatory. Loan
2, There are discrepancies in loan a/c statement . Govt provided subsidy during the moratorium period for my daughter a/c . bank levied excess interest against the govt offered full interest subsidy . when we raised with bank manager, Circle office they stand in their claim is righ and ask us to prove As a common man we can raise discrepancies in loan a/c statement against bank higher officials as we dont know banking terminologies. Please guide us on the matter and also show any NGO/ trust or any organisation there to teach common people to learn bank functionalities / terminologies involved in loan recovery so as we can be aware if bank commits mistake . Banking ombudsman hardly favours aggrevied customer. We are poor family bombarding , treating badly for 2.25 lacs loan taken for education purpose
im fully aware im responsible for the loan taken to be repaid by me . but bank not waiving amount and offer reasonable OTS Loan
1.copy of sanction letter
2 statement of loan account
3.whether any request made in the past to re-schedule, increase no of... Read More
Sucheta Dalal Trustee - Moneylife Foundation
Abhay Datar Abhay Datar is a consumer activist. After working at Bank of Baroda for about 29 years, he retired as IT Manager. After retirement, Mr Datar joined Consumer Guidance Cell of Mumbai Grahak Panchayat (MGP) in 2008 and solved many cases related to banking including online fraudulent transactions, misuse of credit cards and ATM cards. Also handled cases related with mobile banking frauds and mediclaim. He was a Member of the Managing Committee of MGP till March 2021.
Shirish Shanbhag Shirish Shanbhag has an MSc in Organic Chemistry, Diploma in Higher Education, a Diploma in a French and has completed his LL.B. in first class, in 2021. Before his retirement, he was a junior college teacher at Patkar College from July 1980 to May 2012, where he taught theoretical and practical chemistry. Post retirement in 2012, he started providing guidance and counseling to people on several issues, with a specific focus on co-operative housing society related matters. Adv Shanbhag has a kee
Suresh Prabhu Mr Prabhu retired as Senior Vice President from HDFC Bank
R Bhuvaneswari After serving Bank of Baroda for almost 40 years, Ms Bhuvaneshwari retired as Chief Manager in 2013.
Yogesh Sapkale Yogesh Sapkale is Deputy Editor of Moneylife and writes on finance, credit related issues