Punjab National Bank - illegal charging of CGTMSE FEES on my term loan account
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Complaint by: HARISH BINJOLA on October 15, 2013, 12:42 pm in Banking and Finance

D/sir,
i am harish binjola prop. for m/s sidhbali florist my term loan account no 278100AL00000021 MY term loan was sanction on dated 24-9-2009 with the mutal agreement like LAND MORTGAGED FOR PERPOSED PROJECT ,INURANCE,MARGIN MONEY,AND HALF YEARLY REPAYMENT SCHEDULE these were TERM AND CONDITION and i had accepted. But the bank is violating the mutal term condition by regularly imposing cgtmse fees on term loan account, where as i have no agreement on the cgtmse and secondly bank has mortgaged my entire land .222 hectre where as only 1728 sq.mt. was perposed for the project and till date after regular communication bank authorities are not responding.
regards and thanks

harish binjola

Complainant's Goal: i want bank should adjust the cgtmse amount charged in my term loan account
Complainant's Target: Punjab National Bank
Complaint Location: IndiaUttarakhandPauri Garhwal
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Recent Comments
3.
Thu, 06 Apr 2017  surendra Kumar

Sms not alert.i am application to bank 29.3.17 and 3.4.17.but not action my application.6.4.17 bank is close.why? Branch offices behaviour is poorly

2.
Wed, 01 Jan 2014  ajay

My term loan is under pmegp but pnb bank branch bari brahmana chargeing cgtme fee 9000 Why

1.
Sun, 10 Nov 2013  Sudharsan Vasudevan

If you are covered under CGTSME scheme for which PNB is charging from you, the bank cannot hold your documents. The rule says if the loan is covered under cgtsme then there should not be any collateral. You have all the rights to claim your documents. You give your complaint to grienvances cell.