Adity Birla Capital - Fraud Committed by Aditya Birla Capital

Dear Sir,

I am sharing the complete background and facts of my case so that appropriate action can be initiated before the Consumer Forum against Aditya Birla Finance Limited.

*. I am the owner of a property which was used in connection with a Loan Against . At no point was I properly informed or briefed that I was being designated as a borrower or co borrower. My understanding was limited to the property being referenced, and no one from the lender explained the loan structure, repayment obligations, or liabilities.
*. I have not received any disbursement or financial benefit from this loan. There is no transaction showing that any loan proceeds were credited to my account.
*. Despite the above, I was subjected to continuous recovery pressure, CIBIL impact, and even threatening messages suggesting legal and police action. This caused severe mental stress and reputational harm.
*. In order to bring closure and avoid further distress, I arranged funds at significant personal cost and repaid the entire loan amount. I have paid approximately INR *.* crore earlier towards interest and principal, and an additional INR *.* crore to fully close the account.
*. Even after full repayment, the lender has refused to release my original property documents. They are now claiming that the collateral is linked to another loan account with which I have absolutely no connection and are demanding further payment to release my own property.
*. This alleged cross collateralisation was never disclosed to me in the sanction letter to my knowledge, nor was any explicit informed consent taken from me. If such linkage has been created without my consent, it indicates serious procedural lapses and potential misuse of my documents.
*. I have also come to know that my documents may be attached to another loan taken by my brother in law, without my consent or knowledge. I have never signed as borrower, co borrower, or guarantor for that facility.
*. Additionally, my mother’s name was earlier included in the loan process without proper awareness, indicating a pattern of irregularities.
*. I have maintained an excellent credit history and have never missed any payment on my credit cards. However, due to this issue, my CIBIL and other bureau records have been adversely affected.
**. Despite multiple requests, I have not received:

* Original property documents
* NOC and closure letter
* Proper statement reflecting loan closure
* Documentary proof of my consent to any cross linkage

Reliefs sought:

* Immediate release of all original property documents
* Issuance of NOC and closure confirmation
* Declaration that I am not liable for any other loan
* Removal of my association from any unrelated facilities
* Correction of all credit bureau records
* Compensation for mental harassment, reputational damage, and financial distress
* Costs of litigation

I request you to review the above and initiate appropriate proceedings at the earliest. I am available to share all supporting documents including payment proofs, communications, and notices.