THE SBI BHUPEN BOSE AVENUE HAS SANTIONED AND DISBURSED A LOAN OF 44 LACS CASH CREDIT ACCOUNT AGAINST PLEDGING OF A IMMOVABLE PROPERTY AT 35B KHIRODE VIDYA VINODE AVENUE(ONE THREE STORIED BUILDING AN AREA OF 4000SFT AROUND CONSTRUCTED IN THE YEAR 1990. PRESENT VALUATION OF THE PROPERTY IS MORE THAN FIVE CRORE.
LATER ON THE SBI JADAVPUR BRANCH OFFERED A LOAN TO THE TENANT OF THIS PREMISES AN AMOUNT OF ONE CRORE THIRTY LACS BY PLEDGING THE ABOVE MENTIONED PROPERTY AGAINST 2ND MOTGAGE AND WITHOUT ANY PROPER LEGAL TENDER FROM THE OWNER ANIRBAN PAL CHOWDHURY.
NOW THE SBI ISSUED A OTS FOR FIRST LOAN BUT NOT READY TO HAND OVER THE SECURITY DOCUMNTS MENTIONED IN SANCTION PAPER WHICH WAS PLEDGED WITH THE FIRST LOAN.