Sep 02, 2017 10:37 PM
9019 Views
I took loan from Saraswat Bank, on year Oct 2014 and as per there terms we need to be purchase share certificate of Rs. 25, 000/- and when we close the loan a/c they will return the money as they give me in writing. But in the year Sep 2016 when I close my loan a/c and asking for the return of Rs. 25, 000/- towards my share certificate, they told it is not possible as it is locked for 10yrs. But I told them that I have the T&C in writing which they said that the mistake happen but now we are not in a position to return the amount before 10yrs. I have approach to there chairman through E-mail and then followed by Registered letter but seems no reply from them. Then finally after 3 months I got call from there General Manager Mr. Anand Chalke, which he agree that the mistake happen at there end but they are not going to return my money, I have to wait for 10yrs to get back my money. So this is my experience with Saraswat Bank. I have all the written document proof with me. As I approach Consumer Court but people of consumer court say no use as it took more than 3 yrs to put up your case in court. So Finally I can say this is only happen in India.
