Personal Loan – DD change issue

Name of Complainant Anant
Date of ComplaintJuly 31, 2021
Name(s) of companies complained against
Category of complaint Banking
Permanent link of complaint Right click to copy link
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Text of Complaint by Anant:

I have transferred my personal loan to Kotak bank. Got DD from Kotak bank to close my existing Axis bank loan.

Last week I visited Axis bank to close the existing loan (Rs. 942955) but Axis bank will take 5% i.e. Rs. 55K+(including GST) amount to close the loan. But there is no charge for the prepayment up to 95% pay.  

So sent request email to ajay.suryawanshi@kotak.com, praful.labade@kotak.com, ankur.jain@kotak.com, kambleanand91@yahoo.com to provide new DD with the amount of Rs 8,60,000/- and deposit the remaining amount of Rs. 82,955/- in my account.
 
Not received reply for mail. Then visited Yerawada, Pune branch but they do not agree to change DD.

Please do the needful.

Image Uploaded by Anant:

Personal Loan – DD change issue

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