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ICICI Bank Home Loan Division Complaints & Reviews - Bank asking unnecessary documents


ICICI Bank Home Loan Division,Pune,Maharashtra,India

Location: Pune,Maharashtra,India
 Akash Jain on 05-02-15
Bank asking unnecessary documents
Dear Sir / Madam,

I am selling my flat in Pune and when new buyer is applying for a loan from ICICI bank, Bank is asking from me Builder's NOC as society formation is not done. This is in gross violation of Maharashtra State Housing Department order which came last year that "Builder NOC not needed for resale of flats, where society not formed".

Please refer:

If bank is still asking for NOC, then what is the use of above circular of Maharshtra Government.

This is nothing but a harassment from bank as they are not releasing the money without the NOC. There seems to be a growing nexus between builder and bank and they try to just extort money from the common man.

If you can take any action, will be very grateful.

Branch: Bhandarkar Road
Sales Manager: Milind

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3 Years ago by ICICIBank Care (Neutral)
Dear Mr. Akash,

We regret any inconvenience caused. Our official will get in touch with you. We appreciate your patience.

ICICI Bank Customer Service Team
3 Years ago by Akash Jain (Neutral)
It will cost me minimum Rs. 50,000 to Rs. 1,00,000 to get NOC when it is not even needed.

At the first instance, I do not want to provide NOC to bank as it is not required. Even if I give NOC to speed up things, as I cannot hold buyer responsible for this and cannot delay further, I request for complete refund of NOC amount from ICICI bank along with interest.

I am also in process of filing a complaint against builder through other channels.

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