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Hi , my gold has been auctioned off by rupeek and federal bank with out any notice . I used to get automated calls alone to say that the loan should be closed but no one informed about auction , on dec 24th i thought to close the loan opened rupeek app i was able to close it but i was in shortage of few thousands so i got it arranged and opened app on 26th to pay loan is no where found and i tried contacting them multiple times there was no response or details and finally on jan 13th they told me that my gold was auctioned on dec 15th only . With out any intimation well infact on dec 11th i paid interest and i tried to renew the loan but it said it got cancelled due to technical issue i still have screenshots and messages of it , how to move forward
Sir, you can send a legal notice to Rupeek and Federal Bank and can escalate the matter to consumer forums or the Banking Ombudsman. If these avenues do not provide a satisfactory resolution then you can consider filing a civil suit in court of law with the help of an expert lawyer who will assist you with the best course of action. For further legal assistance contact us on our helpline number.