BANKING - pathetic treated by SBI Bank Manager
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Complaint by: on June 20, 2012, 4:32 pm in Banking and Finance

Dear Sir,

I Deepak Upadhyay put my house papers as guarantee for my business friend Mr gaurav Sharma for his firm Ganpati Batteries 4 years before. At that time the bank manager Mr Manav Agarwal said to me that when gaurav will build make his own house than my house papers will be released against his house papers as guarantee for his firm. He assure me to sort out this matter but suddenly he got transferred. I personally meet new manager Mr B. L. Yadav to that concern, he ask me to concern first gaurav because bank wants any other property against my property. I gave him four times written application after concern from gaurav but still I am unable to release my property while Mr B. L. Yadav also got transferred. I write again a letter to the new manager on 02nd june but still till date 19th june he didn’t any response via letter or telephone. I am unable to understand that why any guarantor can’t release his property while he has been submitted application signed by borrower. Is it guarantor’s responsibility to put another property to release his property? Why can’t bank recover his money from borrower through sale his property? I want to know if there is any rules in bank history to stop withdraw guarantor’s property. I have all letters and receipts of registry copies. My complaint branch code is 07492 and it is town area branch established in Sawai Madhopur District.
Banak manager’s uncooperativeness is putting my life as well as my future in dark. I am getting mentally, socially, familiar & economically harassment.
Sir Please Guide me how can I withdraw my house papers through withdraw my guarantee against any firm. I am suffering since last more than 18 months.

I hope matter is clear to you and send me solution able mail id/postal address/ contact numbers.

Deepak Upadhyay
S/o Sh J. P. upadhyay
52, subhash colony,
Sawai Madhopur – 322021
Rajasthan
********36,********75

Complainant's Goal: i only want perfect way to solve my problem
Complainant's Target: BANKING
Complaint Location: IndiaRajasthanSawai Madhopur
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Wed, 20 Jun 2012  Message from iComplaints.in Helpdesk

An email communication has been sent to BANKING on June 20, 2012, 4:32 pm