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Canara Bank disbursed ₹7.5 lakh car loan to dealer without delivery, then kept debiting EMIs for 24 months after admitting fraud

Canara BankPC-2026-03343Banking & LoansAnonymous ·
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​🚨 ₹12 LAKH FRAUD & CORPORATE APATHY: How Canara Bank & Maruti Suzuki India Limited Destroyed a Common Man's Dream. 🚨 ​In December 2024, our middle-class family saved up every rupee to buy our first car—a Maruti Suzuki India Limited Ertiga VXi(O). It wasn't a luxury; it was our family's biggest dream. ​Today, nearly 2 YEARS later, that dream stands shattered. We have NO CAR, we have lost over ₹12 LAKHS, and we are trapped in continuous financial harassment. ​⚠️ THE SYSTEMIC FAILURE & GREED: ​The Dealer Scam (M/S Sri Durga Automotives, Hindupur - 515201 ): The authorized dealer pocketed ₹11.9+ Lakhs (₹4,48,289 Margin Money + ₹7,50,000 Canara Bank Loan) and vanished WITHOUT delivering the vehicle, Form 22, Tax Invoice, or Registration (RC). ​Gross Banking Negligence (canara bank ID-13122 , Hindupur-515201 ): Canara Bank disbursed the entire ₹7.5 Lakh loan directly to the dealer without verifying physical asset delivery or RC. Later, the bank officially admitted non-delivery in writing and filed Police FIR No. 283/2025 (CC No. 358/2026). ​Illegal Deductions & 24 Months of Harassment: Despite admitting in court & police records that the car was NEVER delivered, Canara Bank has continuously debited monthly EMIs (~₹2.21L+ stolen from our account so far) for a non-existent car and keeps issuing legal recovery notices! ​Corporate Wash of Hands: We emailed Canara Bank Head Office (Bengaluru) and Maruti Suzuki India Limited leadership. The result? Portal complaints marked "Closed as Duplicate" without resolution, auto-generated excuses, and complete apathy. ​📢 WE DEMAND IMMEDIATE ACTION: ​🛑 Canara Bank : Immediately HALT all illegal EMI debits from Loan A/c ******, refund our ₹11.9+ Lakhs, and clear our TransUnion CIBIL Limited rating! ​🛑 Maruti Suzuki India Limited : Take accountability for your authorized dealership network fraud instead of ignoring innocent car buyers! ​I request the LinkedIn community, (OLQ LEGALEXPERTS ) legal experts, NCR And ACB National ConsumerRights, (Anti CrimeBureau ) consumer rights activists, and (Journalists for Human Rights (JHR) ) journalists to LIKE , COMMENT, and REPOST to stop this injustice. ​Attn Executive Leadership & Authorities: Canara Bank Maruti Suzuki India Limited Reserve Bank of India (RBI) Department of Financial Services , Ministry of Finance , Ministry of Culture Govt. of India Ministry Of Consumer Affairs, Food And Public Distribution , Food & Public Distribution Narendra Modi @Office of Union Minister Nitin Gadkari Nitin Gadkari ​#CanaraBank #MarutiSuzuki #BankingFraud #ConsumerRights #JusticeForCommonMan #RBI #ConsumerCourt #ConsumerProtection #LegalJustice #DepartmentOfFinancialServices #CustomerApathy #FraudAlert #IndiaConsumerLaw

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  1. Case filed

    Filer · 3 Nov 2026, 8:21 pm

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