Dear Sir,

I have lost my respect with friends and relatives. Since the last 7 days every
moment has been a painstaking moment for me.

Swearing that never will I take a Personal Loan from a Bank.
Why a Personal Loan?

i) Sometimes we are in need of money to help relatives or sustain our family with a
better standard of living.

ii) This is decided by the Bank based on the Salary slip and we are in the IT
professional earning a lot and that is why these loan are sanctioned fast, the
tenure is less and ofcourse we have the willingness to pay.

But what happens if the only earning member in the family looses the job or for
reason the division winds up OR for other matters the person falls ill.

Then is it only the Signature that matters and the terms and conditions of the Bank?
Can't the Loan be repaid when the Financial status of the person comes to the same
situation as it was when he OR she took the Loan?

Managers are concerned on targets and in the midst a person could fall to the Prey
of a Massive Heart Attack or even take his or her own life because of loss of
respect amongst family and relatives.

Based on Change of Address Bankers file cases, but every person in India when
applies a Loan provides the Permanent address and the company for which an IT
professional works for could change as for which the IT industry has been so much
attractive and lucrative for people who are knowledgable.

Please refer to the letter below.

3. Complaint Against: HDFC Bank Ltd.

T.Nagar. Branch

Chennai. Tamil Nadu

Phone Number: 9840704001(Mr.Sudhakar)Sr.Manager Legal

4. Particulars of Personal Loan Account: Subject : Forced/Fore Closure of Personal
Loan A/C.Number 10564843.Personal Loan.

Total Number of Installments: 48 months.

Total Loan Reimbursed: 5,30,000/-

Total Payment Made:INR 3,83,940 ( 27 installments till November 08)

Last Payment Made: INR 1,000/- in the month of April 09.

5(a)In the year 2007 and in the year 2009 forwarded with this mail.

(b)Was there any reminder sent by the Complainant: YES by mail once and many times
to the Agents of the Bank who have visited my residence in Chennai in the places.

Address:i) 3D,Shyam Niwas,

2nd Crescent Park Road.

Gandhinagar. Adyar. Chennai

Pin: 600020

ii) Flat No 18, Balaji Apartments

68/12 ,IIIrd Main Road.

Gandhinagar. Adyar. Chennai-600020.

iii) Flat No 20, Riverview Apartments

12, 1st Crescent Park Road.

Gandhinagar. Adyar. Chennai-600020

The Payments were made in Cash and they have taken the receipts necessarily and when
I had changed my organisation and also before that Mr.Naveen Balasubramanium had
visited my house in 3D, Shyam Niwas and was constantly in touch with me over the
phone and emails and the copy is there for the same after I changed my job.


6. Subject Matter of the Complaint: I was issued a Personal Loan of INR 5,30,000/-
in the year 2006 when employed with FutureSoft a FSS company on a tenure for 48
months today Aricent.

Unfortunately, due to some unavoidable circumstances the regular ECS could not be
followed and the payment was made in Cash and duely paid by me during my tenure in
FutureSoft(FSS) and today Aricent and continued to pay in cash when I had changed my
organisation of Atheros India LLC in Mylapore Chennai which was informed to Naveen
Balasubramanium of HDFC Bank and he was handling my Loan Account.

The payment of RS 14220/- was paid regularly till November 08 untill I lost my Job
in the same month due to recession/ company's unwillingness to employ me with the
division of Application Engineering and I was informed that my position of Project
Lead (Application Engineering) was terminated.

Being unemployed for almost two months I went into Consulting jobs with a petty
salary to sustain my family in Chennai and as my daughter was going to school had to
do it.

HDFC Bank people called me and they also said that their lawyers would visit my
residence on 25th of April, 09 in Flat No, 20,Riverview Apartments, 1st Crescent
Park Road. Gandhinagar. Adyar. Chennai. Pin:600020.

Two men came to my house on 25th of April,09 and wanted to take the payment from me.
I talked to a man from HDFC Bank the same day and informed to them What was my
Employment Status. The Manager over the line agreed to take a payment of INR 1,000/-
and the same was paid by evening to the agents.

Also informed them that they could call me in July on 9884354710 which was very much
in the working conditions and I would try to co-operate and make the payments.

After that there was no response and I called the Customer Care in Chennai and
Thanks to The System. They said that the address was noted and later on I came to
know that Call Centres could be outsourced so where is the Root Database.

Only that, since I am Software Professional I believe the system and did not fill up
any forms in HARD COPY which Mr.Sudhakar(Sr.Manager) Legal claims that for this
reason he has his case strong and in a position to issue a NBW(Non Bailable
Warrant)in my name. This was a shock to me as the entire information was
communicated to my Maternal Uncle in Chennai over phone and we have not received any
Legal Notice in our Permanent Address in Bhubaneswar also where my Mother and Sister
lives and now I am in Bhubaneswar also.


This has created shock in the entire family and mental torture and having talked to
Mr.Sudhakar he mentioned over phone that he is going to give the names and telephone
numbers of the persons from Futuresoft who have helped him to take this action since
all the communication was made to the erstwhile Futuresoft and today Aricent.

According to him based on proof and evidence he has done this and he has also talked
to my Mother who is a Sr.Manager with Allahabad Bank.

Today he is asking for a settlement in One Shot by Friday (25th September 09) of INR
2,20,000/-and though he being polite as I helpless as I cannot make such a huge
lumpsum payment in such a short time. He has also offered that he would talk to his
Boss to reduce the amount, but again in Lumpsum by September,25th,09

I have also offered him to pay INR 20,000/- immediately but he said he is bound to
the system laid down by the Bank.

Please educate me as I want to know more on this and help as if a NBW goes in my
name by Career would be spoilt.

I am ready to co-operate with the Bank and make the payments, since today I am not
having an income on a monthly basis/zero income and not on a regular job it is
difficult for me to make payments in lumpsum and request to make it phasewise or
reduce the EMIs with tenure increased.

Mr.Sudhakar also mentioned that there is no option left and that it is only a
Settlement that can be made with a discount made by the Bank looking at my Financial
Status currently.

23rd September, 09
Your Faithfully,

Prosenjit Adhya