Hello,
I have applied for a Home loan from SBI Gurgaon of 70L out of which they have already disbursed 65.5L Now I am asking them to stop further disbursal and give me transaction rights on my Max gain account.
They have told that Max Gain rights can be only given if
1) full disbursal has been granted OR
2) The possession is offered
In my case, possession is still far way by about 4-5 months. Since I have some liquid money at hand I wanted to deposit in Max Gain account and withdraw when need arises but SBI folks are adamant that this is not feasible even when I have told them that I don’t want further amount.
What should I do? and whom should I approach?
Vikash