value addition to articles doing Bank audits

Internal Audit 4709 views 15 replies

sir itake a loan of rs.30.oolakh for our rice mill in2000  as cash credit .due to non payment of intrest/non renival ofa/c.than the bank take passionof my rice mill.curently the mill is loked by bank from 2003.aftar ipaid rs 22laks to bank but now bak is demanding rs30lak for removing locks.i paid the amount after npa but the bank is saying that your amount is paid by me that is int. now please guide me what can i do

Replies (15)

sir itake a loan of rs.30.oolakh for our rice mill in2000  as cash credit .due to non payment of intrest/non renival ofa/c.than the bank take passionof my rice mill.curently the mill is loked by bank from 2003.aftar ipaid rs 22laks to bank but now bak is demanding rs30lak for removing locks.i paid the amount after npa but the bank is saying that your amount is paid by me that is int. now please guide me what can i do


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