Rajkiran Vuppala
New member
- Bank Name
- Axis Bank
- Customer Care Number
- 1860-419-5555
- Loss Amount
- 5000000
- Ratings
- Opposite Party Address
- Axis Bank Limited, ‘Axis House’, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400 025
Bank Name: Axis Bank Limited
Branch: Tarnaka ASC Branch, Hyderabad
Loan Account No: PHR002702192803
Dear Team,
I am filing this complaint against Axis Bank Ltd for serious fraud, misrepresentation, and illegal SARFAESI action on my home loan.
Axis Bank internally showed my loan as ₹40,00,000, but my title deed affidavit clearly shows only ₹33,30,295 was actually deposited.
This mismatch is unexplained and creates suspicion of document manipulation.
Bank recorded EMI as ₹37,895 and tenure 240 months.
But actual EMI deducted was different, and recalculations were never informed to me.
In several documents, bank used Vuyyuru Raj Kiran, Vuppala Rajkiran, and other variations.
Identity mismatch is a serious compliance failure.
Axis Bank filed a false affidavit before the Magistrate stating:
This is a criminal act under IPC 191, 192, 193, 199, 200, 420, 468, 471.
Without proper 13(2) and 13(4) service, bank pushed for Section 14 action.
Stay order is active, but Axis Bank recovery team still tried to threaten tenants and create fear.
My complaint was closed under clause 10(2)(b)(ii) even though:
I request public awareness, consumer protection, and strict action against Axis Bank for suppressing facts and misusing SARFAESI.
Requested Relief:
— Rajkiran Vuppala
Flat 205, Padmashree Apartments
Ameerpet, Hyderabad
Branch: Tarnaka ASC Branch, Hyderabad
Loan Account No: PHR002702192803
Dear Team,
I am filing this complaint against Axis Bank Ltd for serious fraud, misrepresentation, and illegal SARFAESI action on my home loan.
1. Wrong Loan Amount Entered by Bank
Axis Bank internally showed my loan as ₹40,00,000, but my title deed affidavit clearly shows only ₹33,30,295 was actually deposited.
This mismatch is unexplained and creates suspicion of document manipulation.
2. Wrong EMI and Tenure
Bank recorded EMI as ₹37,895 and tenure 240 months.
But actual EMI deducted was different, and recalculations were never informed to me.
3. Wrong Borrower Name
In several documents, bank used Vuyyuru Raj Kiran, Vuppala Rajkiran, and other variations.
Identity mismatch is a serious compliance failure.
4. False Affidavit Submitted in Court
Axis Bank filed a false affidavit before the Magistrate stating:
- No stay existed (but High Court later issued stay)
- Wrong loan amount
- Wrong borrower information
- Wrong NPA classification
This is a criminal act under IPC 191, 192, 193, 199, 200, 420, 468, 471.
5. Illegal Possession Attempt
Without proper 13(2) and 13(4) service, bank pushed for Section 14 action.
6. After I Filed High Court Writ, Bank Stopped Responding
Stay order is active, but Axis Bank recovery team still tried to threaten tenants and create fear.
7. RBI Ombudsman Complaint Closed Without Investigation
My complaint was closed under clause 10(2)(b)(ii) even though:
- Fraud affidavit was filed
- Wrong account details
- No proper notices
- Harassment to tenants
I request public awareness, consumer protection, and strict action against Axis Bank for suppressing facts and misusing SARFAESI.
Requested Relief:
- Compensation for harassment
- Action against guilty bank officers
- Correction of all loan records
- Cancellation of illegal SARFAESI proceedings
— Rajkiran Vuppala
Flat 205, Padmashree Apartments
Ameerpet, Hyderabad
