Cholamandlam Finance
Fraud by Colamandlam

I have excisting loan of Rs.25Lacs against my property from standard chartered bank, i asked St. Chartered bank for Top Up Of Rs.15 lacs but they were delaying so i approached cholamandlam Finance for BT, They sanctioned Rs.39lacs and taken my signatures in agreement and also taken the PDCs. They have also taken Rs. 20000/- cheque as a security if there is any diffirence in BT amount than they will adjust the amount from this security.i applied for clouser letter to standard chartered bank and waiting for the same, in the meantime cholamandlam encashed Rs.20000/- security cheque with out my information and said they can not wait further and now not returning Rs.20000/-

Please advise what legal action I can take against them

Company: Cholamandlam Finance
Country: India

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