BARODA CENTRAL CO OP BANK Complaint – WAIVER OF AGRI DEBT AS PER CIRCULAR OF DEBT RELIEF SCHEME, 2008

Subject: WAIVER OF AGRI DEBT AS PER CIRCULAR OF DEBT RELIEF SCHEME, 2008
My Name: RAMESH PATEL
My City: vadodara
My Complaint Against: BARODA CENTRAL CO OP BANK
Complaint Category: Banks Complaints
Claim Amount (Approx.): 11.00LACS
My Complaint Description:
SUB: DEBT WAIVER AS PER RBI CIRCULAR NO: RBI / 2007-2008/ 330

WITH REFERENCE TO THE CAPTIONED SUBJECT PLEASE WAIVE THE DEBT AS PER THE ABOVE SCHEME AND ARRANGE TO REFUND THE AMOUNT DEPOSITED AS UNDER:

RPCD.No.PLFS.BC.72 /05.04.02/2007-08 DTD 5/23/2008:

NAME : SHRI CHIMANBHAI JASHBHAI PATEL – ITOLA DIST: VADODARA

AMT. RECOVERD BY BARODA CENTRAL CO. OP. BANK – RS. 11,00,000/- THIS AMOUNT HAS BEEN PAID BY CREATING MARKET DEBT FROM THE BANKS. AT THERATE 15% P.A.

THE LAND IS IN THE NAME OF JOINT SIX MEMBERS OF FAMILY. THE HERIDITARY DEED [PEDHI NAMU] IS ALSO EXECUTED. YOU HAVE CONSIDERED IN THE SINGLE NAME ONLY.

YOU HAVE CONSIDERED IN THE NAME OF ONE SINGLE PERSON AND ONLY 25% RELEIF WAS GIVEN.

BY CONSIDERING ENTIRE SIX MEMBERS OF THE FAMILY AND THE LAND IS DIVIDED IN THE INDIVIDUAL OF ALL MEMBERS THE ENTIRE DEBT IS TO BE WAIVED.

THE BANK HAS NOT CONSIDERED THE DIVISION AND JOINT HOLDERS OF THE FAMILY.

KINDLY RESOLVE THE ISSUE AND REFUND
THE ENTIRE AMT. AS PER THE DEBT WAIVER SCHEME.

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