10 23 min 2 yrs

Dear Sir / Madam:

Further to your reply, note that I do not have looted capital or black money to pay as per your selfie rules and wishes only. I do not want to analyze your jargon and policies. I am not able to pay anything that sounds out-of-budget and unreasonable to me, no interests or taxes or ransoms whatsoever will be paid. I have not taken any money for pleasure, personal gains or business – it was simply to pay account dues and close banking forever. Write or call to settle at once – not to threat via your collection goons, mentally harass or economically fool me anymore. I had paid huge interests since last 10+ years without any special benefits. It may be normal practice as per rules of your private, pseudo-justice systems and SOPs, but I’ll not oblige to such smart unilateral profit jugaad.

Also find attached an email sent in Jan 2016 on account cancellation, which was not addressed by your commission obsessed agents. Many such mails, calls and requests were deliberately ignored from your end. I cannot take burdens for your casual and purely profiteering approach. Send a reasonable reply with 100% transparency or they just goes to my junk. I have no patience for funny time-pass calls from your agents, I only need written replies from your legally responsible and directly employed staff. I am only getting account statements, fancy rules and calls. Real issue and reason for taking account loan as per your customer care persons suggestion to settle, is totally ignored, as always. Refer earlier messages carefully and reply to the points ONLY before any phone calls for payment.

I cannot tolerate such frauds, economic terror and loot jugaad, I have no currency tree to satisfy your greedy financing ideas for your development profiteering. I am not paying anymore, I am retiring and shifting – no time to review your decorated payment statements either. I had agreed to your offers last year just to settle and close the account. I have spoken, written / emailed many times since last 1 year to close the account and settle. I do not want to crunch your numbers, account statements anymore, just close the account and mention a final amount to settle immediately. I deserve liberation out of this luring and lopsided banking vicious circle.

Regards, XYZ
Refugee Square, Wall City

World maybe be going cashless with Card / UPI / Wallet / Mobile App based fancy banking, you’re reversing after experiencing 15 years of mixed results, to your own peace economy, can the state mind its real business? By closing their kitty eyes for cuts, isn’t this state sponsored economic terrorism? Real bank name was edited for obvious reasons, it can be added later. The above letter template is open source originally written and shared by one of our contributors, any small victim of modern corporate bankers / financiers can feel free to use it. Do share your views and real life experiences as a common bank, finance, investment, state accounting or insurance consumer.

What Wall Street learned from Mafia & Terrorists? How to reach into penny jars (or donation lockers) of dying hospitals, honest citizens and schools and transform their desperation and civic panic into fat year-end bonuses and the occasional “big lunch” for charming cronies, smart profiteers cum large financial crooks. Unlike Mafia, though, they were smart enough to do their dirt without anyone noticing for a very long time. No harm, to them, means no visible harm, i.e., that what taxpayers, followers, borrowers & depositors didn’t know couldn’t hurt them. This is logical thinking, to the sociopath – like saying it’s not infidelity if your spouse never finds out.

But we did find out, and the scale of betrayals are epic.

Private banking rot (endless greed, consumer fooling, documentation frauds and smart loot) is nonstarter for charming cronies and maniac politicians, civil court attorneys, govt officers, technical profiteers and financial terrorists, we are now Mobified and Appfied bhakts, developing towards self-destruction, chanting bla bla..

Dear Banker / Moderator,

1. Clarify if your mandate is to help maximize the bank’s profit or mutually acceptable settlement / actions w.r.t. facts?
2. Bank had decided to write you for rescue instead of accepting truth and its mistakes, this reveals agency practices.
3. I am not a capital market enthusiast or investor, justice and human rights are more important for me.
4. I had never applied or opted for debt unless its critical, for example affordable home loan which also turned to be a harassing nightmare.
5. I made more calls, physical meetings, systematic emails, document submissions compared to bank’s random responses, Pandemic BOTs and Mobile Apps Mania.
6. Moreover, the home costing me X lacs+ for which Bank has extended just X lacs loan (and got back its X lacs including PMAY subsidy), flat is still not delivered (even after paying 100% unit cost to builder) and original docs are with Bank. Basically, both Bank and Builder wants all cream + bonuses while pushing 100% risks to the affordable home owner!

Policies like “Deemed to be Authenticated” may possibly make a tight legal case, and help such banks in bulldozing truth and extort with impunity, sorry state of sections & affairs. Anyway, unlike some Banks / FI profiteers, I do not need three reminders, I may try to login and do this ADHAR linking stuff at your risk.

A Hopeful Home Owner turned
Possible Home Loan Guinea Pig


Imported system of mafia capitalism has made it difficult, if not impossible, for us to meet our basic needs, whether we have debt or not, whether we pay it back or not. We recognize that it is not easy to fight this system of powerful nexuses, that it is not easy to withdraw consent from a financial world gone mad. Make no mistake: the odds are stacked against us. Laws surrounding debt or loans, collection and banking are notably complex, designed to keep commoners confused and afraid. No legal counseling here; you need social acts of mutual aid. We are not lawyers; you may want to consult one before doing anything that you think might be illegal.

Many banks are converted as Legalised Ponzi Schemes selling death financing portfolio, while its politically targeted workers & SME victims are pushed as feed for Bank’s large profiteering capitalists, who in turn fund the deep state in seasonal cycles.. See more Jugaad Rating by Ponzy Rats for TV TRP, Digital OTT CTR, Beneficiary Fans / Followers, Bank Creditors / Depositors, Pega AI Bots, SetTOP Box 69, Looted Capital / Wealth etc. Call or meet instead of sharing all private info on public social walls monitored by many gov & non-gov extortionists or better join SocialNet to share and access more non-profit money mantras.

10 thoughts on “Views of banking consumer – beware of lures from financial terrorists & app bazars

  1. Dated: 30/08/2018
    CC: The Manager, Great Bank,
    Red Court, Farce 111222

    Dear Sir/Madam,

    Fraud Summary: I never signed for an OD account which can cost me INR 5 lacs (more than even my net profit!) in 10 years with total transactions around 1 crore using the Bank’s 2 lacs overdraft just as floating buffer. I had only approved for deduction of INR 6000 per year as OD renewal fee but I see bank consumed INR 50,000 every year without my approval or rendering any special services whatsoever.

    Bank is harassing, doing covert legal jugaad, filing unilateral court cases and trying to extort Rs. 1.5 lacs which I do not owe them, I complained to RBI but Bank had submitted some old documents on which they just took my signature 12 years back and convinced RBI, or so as per rumors. They put a Civil Case against me in Tis Hazari, Delhi and claims they won it. I do not have any info about this case and also in RBI case before this, I was not aware of any proceedings whatsoever. Bank, abusing its legal and money power, just put their side of story to extort its so-called 1.5 lacs bad loan cum NPA (twisting from an OD a/c) while totally ignoring my huge losses.

    I know protecting Bank’s interest is their first priority, I am solely looking at mine since last 4 years of this painful dispute. Four random statements are attached again.. which shows deductions were more than 30000 per year, every year. Bank offered discounting a total of just 31000/- as per their last letter. Bank’s OD was not used always during initial years.. all current interests and disputes are due to those unknown random fees deducted earlier which further resulted in my health, business and accumulated financial losses.

    I do not see Bank’s current demand in isolation. Instead of a positive balance of 4 lacs, situation became 1.5 lac negative. Bank’s deliberate OD a/c term complexities were way above my little knowledge. As far signing of terms & conditions some 12 years ago, I never thought trusted entities like big Banks can treat in such fraudulent ways especially to less-funded small business customers.

    Many other emails, talks, meetings, messages & complaints were sent to Bank’s various agents visiting my premises, its officials, corporate care and customer care since last 4 years. I had asked several times by phone, email and meeting for full reversal of all arbitrary deductions (of more than INR 50,000 per year) and huge interest accumulation due to delays in resolving my issues since last 4 years. This could easily settle Bank’s current outstanding due claims & further require the Bank to refund balance of all one-sided deductions to me.

    Regards, ABC
    Asylum Marg, Bull State

  2. Its enough, I do not owe anything to your bank neither do I have any active business with you. Close & settle. Restrain your legally liberal & corrupt recovery teams from further harassment or I’ll be forced to unravel Bank’s name & circulate the facts widely & initiate further legal or less-legal courses..

    Note Reasons for apprehensions: I had very bad experiences with your Bank & some greedy 3rd parties trying to extort with its covert & unilateral legal showoffs which resulted in business closure and huge losses for me, that fight for justice has not even started.

  3. Letter Template for any Ponzy Bank & its AI Bots:

    No fancy calls, auto-bots, visits or those ready-made auto-responses will be entertained. First read / write, then call if urgent. Real issues are NOT resolved at all. I do not take delays, arbitrary policies and such bank ball games lightly. NO costs will be borne by me now or in future for blunders of your bank staff, note on record. The next EMI will be paid ONLY when all concerns are formally addressed and resolved permanently.

    Many persons contacts me from your bank, who exactly in authorised Account Manager / Relation Manager/ Collection Manager? You may take your own sweet time to settle these, in which case, I WILL NOT adhere to Bank policies, legalities or resulting extra cost math thereof.

    Like everyone including your great Bank, I’m facing an unprecedented situation with the COVID-19 (Novel Coronavirus) Pandemic in the country. I’m committed to the health, safety and well-being of my clients, friends and dependent families. I am unable to pay your current and future demands until end of 2021 as I’m operating with reduced incomes and receipts. I urge you to use restraint, reduce your costs, interests and modify your SOPs, banking demands and non-essential needs.

    In case you require urgent assistance with respect to EMIs, dues or other security concerns, please advise your responsible and direct Bank employee with FULL knowledge of this case to call me between 11:00 to 17:00 hrs to registered mobile number or write an email from official mailbox. Other means of contact are ignorance and illegal practice as per my policies.

    From an ethical, ideological, religious & moral standpoint, I’m more than glad to not respond or entertain capitalistic profiteers (and/or its agents) in any case – be it of any color, gender, religion, caste, variant, state, language, industry, sector or nationality.

    Som Anova
    Red Square

  4. They ride high-sea while all security and moral flood gates are opened to flush-out vulnerable small entrepreneurs. Afterwards spiraling up the prices very smartly as a “synced cartel of ROI hungry oligarchies”. MODIfied queens complementing the cozy kings or just east or west the greedy rules best, smartly smoking out God’s nature for cool zillions, while coughing Gujjustan’s COP abusing the vaccinated AI media! Remember our original Gandhi learned more from tyrants of his own neighborhood desi clones – the collaborators and funders of EIC empire for profit, same improvised DNA are very vibrant colonizers enslaving millions now.. Ram Ram japna, sabka maal apna #JaiKaal

  5. This includes AI extrapolation of stolen private data on heat map dashboards, sucked and dumped via ML interception of all electronically transmitted information on Internet – banking, mobile apps, social media, photos, videos, texts, emails, audios and other meta shared traffic. Pandemic game of mass-surveillance is starting to thrive now.

    Interpolation is fitting data points to represent the value of a function. Apart from genuine engineering and science applications, they are increasingly used to construct new data points within the range of a discrete data set of known data points or can be used for determining a formula of behavioral function that will pass from the given set of points (idea A, idea B). Exploitation of humanoids for profit of brands and cronies is now an extended and fast evolving variant in this area!

  6. Dear Banker / Loan Profiteer,

    I regretfully reject your unilateral “rejection verdict” smartly violating RBI Resolution Framework 2.0, I am NOT your type of defined capitalist and as a policy NOT obliged to adhere to your profiteering cleverness. Your Bank’s behavior during pandemic was pathetically corrupt, so I’ve no reasons for sympathy either.

    It is needless to mention that I am ideologically NOT liable to repay anything as per YOUR terms & conditions, which are out of the scope of my basic understanding about human rights, finance, ethics, morality and reasonableness.

    Though I have not seen your bank’s policy line by line, I agree you may have those stuffs you and your agents claim wherever it fits. Likewise my policies and facts were mentioned clearly, again as below:

    1. The duly filled form (as attached again) was ready and email was sent with form’s scan before end date.

    2. No replies received about sending physical copy. Even this reply reached me after 2 weeks of complaint, its clear who delays like many issues still unresolved w.r.t. this account.

    3. As a policy, your bank may reject re-structuring BUT my reasons & policies for applying restructuring will NOT change.

    4. My capabilities for repayments will neither change with your unilateral formalities and/or policies.

    5. It is not acceptable for your Bank to assume that a borrower can pay despite negative market conditions.

    6. I don’t have a currency tree, neither I’ve full control as to when my finance condition will improve.

    7. Finally, I will not take any responsibility and/or oblige for external market conditions perpetuated by others’ action or inaction.

    In the above circumstances, you’re advised to follow EMI and/or repayment constraints indefinitely and warn your connected agents as appropriate per UNHRC, unless duly communicated & mutually agreed or renegotiated reasonably on record.

    NB: Deliberate silence for many years, and later wake-up (JIT) some day to legally or technically claim for extortion, is no less than rotten corrupt behavior. These unbranded letters and replies are openly published for survival of transparency and truth, sooner or later. NOT for some limelight, brand fame or defame, legal notice, undue waiver, financial benefits, awards / recognition or winning any ideological warfare.

  7. Reasons for this letter cum notice: A home costing X lacs+ for which Bank has contributed just 20% of cost as housing loan (and already got back its major share via EMIs and PMAY subsidy), property is still not delivered (even after paying 100% unit cost to builder) and original docs are with Bank. Basically, both Bank and Builder wants all cream + bonuses while pushing 100% risks to affordable home owner! So wait few days for bank’s NOC and decide appropriate course of actions depending on their responses. Hoping that good sense may prevail and escalation be avoided.

    Request for issue of notice under CP Act explaining my position and direct the bank to release a NOC for registration of property.. Following submissions may please be noted in this regard.

    1. I was paying the Bank’s EMIs till recently, despite Covid stress.

    2. Now, the bank is not issuing NOC required for registration of the said affordable housing unit (under RERA) and warning for unit cancellation and / or other harsh litigation in association with builder and engaged in unilateral claims via National e-Governance Services Ltd.

    3. I agree to have not paid EMIs recently duly noting that bank has tactically denied disbursement after delaying for many years starting, and not accepted many submissions and several requests for compensation or waiver thereof.

    4. The bank’s delay has resulted in huge interests, mental torture and late charge levied by the home builder. As a last resort, I was forced to arrange and pay all the property unit cost via borrowing from personal and family circles.

    5. I had paid 80% of the property cost to builder and settled all their dues (Ledger attached).

    6. The bank’s contribution now stands 20% of property cost.

    7. The bank is not confirming or accepting despite my several polite reminders. As a result, I do not trust bank’s approach, processes and practices. I am doubtful of bank raising some other litigation even after I pay all their due EMIs and the bank has also taken many obfuscating affidavits / stamp papers signed during last years in the name of disbursal, which they finally denied, but documents NOT returned and some of their staff has also mysteriously disappeared.

    8. As per RBI rules, I’d applied for COVID Resolution Framework 2.0 but bank has rejected citing some unknown reasons and excuses. Though my budget and financial status remained bad and very limited.

    9. Earlier legal documents I signed and agreements are less relevant now as the Bank itself deviated. Some request letters sent to bank are attached here for your reference. Several other letters, emails, call records, direct MoMs and experiences can be shared if required.

    10. I know bank is unnecessarily preempting litigation involving some notices to builder and home owner to legally stop registration of an apartment even after all costs are paid. The bank has also written to National E-Governance Services Ltd for rescue instead of accepting truth and its mistakes.

    11. These are also the reasons for stopping bank EMIs, as the bank’s behavior severely lacked transparency. You’re kindly requested to carefully review and resolve issues and stop the bank’s ongoing harassment.. and potential abuse of power to further violate consumer and human rights.

  8. Prime’s First Law of AI Data Tech: “The more easier an app or tool for user, the more easier data theft becomes”. Banking on #BRICS, PR Cats ICISee some are born दलित, some are pushed for racist political benefits! While UN chief urges global financial architecture reform, these desi #banksters daringly keeps looting poor & SMEs via extortion in sync with Capitalized Gang of Führer, now abusing privacy 24/7 chanting some NSG-linked Gujju AI jugaad + Aadhar-UPI? All selfie human messiahs failed, better let Lunar aliens flush-out the provoking rot.. http://newsfeed.facilit8.network/Sv97Hm

  9. Bankster on roll with Gujju-fied RBI jugaad? Shoot back: Refund was promised before paying. ONLY reason I paid and applied in first place. I’ve VERY LOW trust with banking auto-replies, my hard-earned money looted via cheap luring tactics by your bank’s fraudulent loan SOPs / BOT agents. I do not expect any white-collar response. Only demand bank to refund back with fines due to delays and harassment. Why should I patiently pay you fees, am I bank’s cooperating shareholder or some slave deeming salvation via suicide, while hailing the network of Führer?

    NOT an exception, these are mutated hyper rules of “digitized nazi capitalism”, which very few are able to fight-back anyway, so many (privately public) cheers for banking rot, profiteering lot and deep state’s policy milking cat aiming at its next majority votes to suck-back strategically!

  10. Fusion centers (IT cells of all types including govt agencies) are strategically building up Waffen-SS type AI predictive policing to end democracies / oppositions towards rule of a bunch of conforming hyper-capitalistic leaders and its undeclared coalition of sponsors and beneficiaries.. it helps banking on लाभार्थी empire and its private, pseudo-justice system that is based on smart profit jugaad for the oppressors by sucking and extorting the opposing forces. Viksit Bharat @ 2047 Slogan is: Ram Ram japna, sabka maal apna.

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