Hi Sir,
Few months back, i applied for a home loan through Axix bank which was approved and the senction letter was handed over to me in Nov'09. There was a validity of 90 days and if the dispersement doest happen within 90 days, i was told to reapply without paying any extra processing fess.
Since the project i invested in was not approved by axix bank, i could not get the loan duspersed and the validity also expired. Now, when i reapplied, Axix rejected my loan stating there are certain unpaid credit cards. They are not paid since 2007. On asking why was the loan approved earlier, was told that there was a human error and the report could not be fetched properly. This "human error" of Axix bank is costing me 6 lacs since that the amount i paid to the developer against the first 2 installments basis the approval letter i recieved from Axix. Since the 3 installment is round the corner, i have no time to apply home loan anywhere else.
i submitted all proof of the final payments made to the respective credit card companies (payments made in 2008_2009) to Axix however they are still not convienced and want me to get in touch with respective banks for getting the same reported to and corrected by cibil. Plse help.
Cont no - 9811800500
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