[Resolved]  Union Bank Of India — LOAN AMOUNT DISBURSED TO THE BUILDER BEFORE THE COMPLETION OF THE HOUSE WORK

Address: Tirunelveli, Tamil Nadu

The bank manager, has given the full loan amount to the builder , RajKumar, illam foundations , without our knowledge.

We took housing loan in the Mellapalyam branch during last August that is 2010.The loan amount was 8, 00000-EightLakhs. This total amount has been disbursed to the builder by the branch manager in the month of March 2011 itself. How did he give this as the work is still pending?


If I ask about this there is no response from the manager since one month. Moreover he is in support of the builder and asking me to give more amounts to the builder. It’s being a mental torture for us.