Personel Home Loan / Fraud and cheating!
I need a loan of just Rs 20000 and I approach to ICICI Bank Branch in phase 7 Mohali Punjab. I filled loan application and than in last a Bank Employee give me form of acknowledgment of loan, this form included the detail of amount of loan and rate of interest. In that form it is written in bold letters that customers should read it carefully before filling. I got this form unfilled and Bank employee forces me to sign it as blank form. I refuse to fill a blank form than they told we can’t give you this loan if you want loan you have to sign this form as it is.
Is this not like old days where a lender in village get sign of uneducated villager on a blank page and use these pages to exploit him. Is it a fair banking, I think it is fraud banking and I will go to bank regulatory authority for it.