My name is V.N.Aparna.I am 24 years old.I am working in TCS.I own a plot in Miyapur, Hyderabad.I planned to construct an Independent house(only ground floor) there.For this, I approached Union Bank, Jubilee Hills branch, Hyderabad last year in May 2008.As per the plan, I requested for Rs.12 Lakhs housing loan which got sanctioned on 04/06/08.
In November 2008, I requested for my housing loan transfer to newly opened Kukatpally branch which is nearer to my the site.So further disbursements were continued from Kukatpally branch.Later on I revised my plan and wanted to construct 1st floor as well.For this, I requested the branch for Rs.9 Lakhs as enhancement.I submitted my application for enhancement along with all required documents like revised plan, revised estimation from builder, revised estimation from Bankers' CA panel etc in February 2009. As the branchs' loan sanctioning limit is Rs.12 Lakhs only, my enhancement request was forwarded to Regional Office(RO) here in April 2009 by the branch.Almost 6 months have passed, they are not sanctioning the required loan amount. Also no enough staff there to attend my case there. I tried to reach RO to know the status of my loan process, but they simply ask me to get in touch with branch, and I need not to contact them. Branch officers say that it will be done, but they dont know when it will be sanctioned as the matter is in the hands of RO.
I feel it was my biggest mistake to get the account transferred to other branch.I am really very tensed, my construction work is totally halted. I am not finding any way. Should I transfer my account back to the 1st branch? Please help me in this regard. Thanking you i ancticipation. Was this information helpful? |
Union Bank of India — Housing Loan Advance
Dear Sir/Ma'am,I have complained twice to UBI through ref no. 932248 Dated- 26/5/2011 &
192321 dated- 1/08/2011 respectively so for no reply has been received.
1. My complaint is that bank is charging 13.25% of interest instead of 12%. Which i agreed on my contract while taking advance.
2. An amount of ₹103805.00 had been debited into my account for no reason which seems to be irregular.
KINDLY INTERVENE & SOLVE THE IRREGULARITIES AS I HAVE BEEN PAYING EMI REGULARLY WITH CONSTRAINT.