Punjab National Bank - Regarding Non-disbursement of my loan even after registered EM and severe mental
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Complaint by: Rajeev Bais on September 26, 2017, 12:51 pm in Banking and Finance

Respected Sirs,
With lots of pain and dis-satisfaction I writing this mail to all of you, Kindly take 2 mins to go through the mail..
My Submission is as under:-


1. That I am a qualified Company Secretary by profession residing at 434A, Sch. no. 103, Kesarbag Road, Indore (M.P.)

2. That in the year 2015 the then Manager Mr. Chawla of Kesarbag Branch of PNB insisted me to get my HL transferred from Bank of Maharashtra, Lokmanya Nagar branch and asked me that the will also allow me OD limit against my HL. I simply believed him and got my case transferred from Bank of Maharashtra to Punjab National Bank.

3. That my case was sanctioned as Home Loan of Rs. 09 lacs and OD of Rs. 25 lacs and accordingly equitable mortgage (EM) was also registered at O/o Registrar Indore. (Vide savings Bank A/C No. 3********0216920)

4. That Mr. Chawala the then manager in the month of September 2015 disbursed only Rs. 9lacs as Home Loan and OD limit was given only to the extent of Rs. 10 lacs. On being asked I was informed that Ms. Khandelwal Madam, Advance manager/dealing clerk have some problem in your case. When I asked her, she told me that only the manager can reply. Mr. Chawala was also adamant and arbitrarily did not disbursed my loan. By doing such gross negligent act Mr. Chawala and Ms. Khanelwal put me in great trouble and also in severe financial problem. My property of Rs. 1.50 Crore also came on stake.

5. That in this process loan of Rs. 25 lacs as OD was updated in CIBIL and in the year 2016 when I had severe finacial needs, I approaced another bank to give me loan but they told me that your loan OD for Rs.25 lacs are shown in your CIBIL Report.

6. I requested Punjab Nation Bank Manager to kindly give me letter stating that only 10 lacs OD is given. But Ms. Khandelwal Manager/dealing clerk asked me to give a letter To PNB SAYING TO REDUCE My limit from Rs. 25 lacs to Rs. 10 lacs. Being in severe mental tension and having financial problems , I had no option but to give such letter in anticipation of getting loan from another Banker. Unfortunately the another Bank also ahve did not given me loan due to the reason that Rs. 25 lacs OD is given in CIBIL and EM is also created.

7. Sir since 2 years I am begging before managers of Punjab Nation Bank and Ms. Khandelwal for disbursement of my loan but they are playing mischiefS. Present manager Mr. Holker is also not acting bonfire, as he says that only Rs. 10 lacs is sanction by us while EM of Rs. 25 lacs is created. (It Is funny that person holding manager post talk like this). Sir my property of Rs. 1.50 Cr is involved by these officials and now they are doing mischief for their vested interests. I am in severe mental tension. Kindly disburse my loan and take appropriate disciplinary action against Mr. Chawla, Manager, MS. Khandelwal and present Manager Mr. Holker.

8. Sir PNB is a very big and esteemed name in the whole county and such events are definitely pre judicial to the image of PNB in mind of general public.

Such events are really a matter of great concern for Punjab National Bank and should be addressed at utmost priority.

Kindly Address my issue and get me rid out of the problem as soon as possible..

Awaiting a speedy response..



Thanks & Regards

Rajeev Bais

(94074-51558)

Complainant's Goal: Kindly address my issue and get me rid out it at priority
Complainant's Target: Punjab National Bank
Complaint Location: IndiaMadhya PradeshIndore
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1.
Sat, 09 Dec 2017  Surender kumar

Pnb manager ki comeplent surender kumar pnb acaunt 0********0315228 PUNB 0083100 rajgarh churu raj