I was giving edu loan of Rs 6 L, due to some reasons there were inconsistent repayments. However i was trying to make up to it soon. I had approx 2.5 L in NRI account with the same bank same branch, One fine day bank decides that as i am not paying my installments they transferred ALL funds from my NRI account without my consent.
I had better plans not only to repay the loan but also to secure my future. I feel completely threatened by this behaviour of the bank. Truly unproffessional.
Do they have such right? How shall i take this further as my savings is lost in one go?
thank you for any form of help...
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