HABBA KADAL SRINAGAR ...
TO THIS PHOTO , I ADD MY SHORT STORY " BANK LOAN GUARANTOR"
( BANK LOAN GUARANTOR)
“Sir,
that situation shall never come. In Kashmir, Dhar family is known for its
commitment or word. So are Dhar children. After all, Safa Kadal Dhar
family Sir. Pandit Birbal Dhar 's clan Sir. You must have heard about
Birbal Dhar who saved Kashmir from the ruthless Pathans by inviting Maharaja
Ranjit Singh's forces to the valley. Did you get it, Sir? Then, Bal Kak Dhar,
D. P. Dhar and many such names Sir.
Atul
Ji shall complete his MBA 2007 and the loan shall be cleared by
December 2009 or at the most by June 2010 from his earnings. He will get a
good salary after completing MBA. Hundred per cent campus selection sir,
hundred per cent” said Roop Krishen.
Roop
Krishen had come to the bank along with his brother in law seeking an education
loan of 4.30 Lakh for MBA degree of his nephew Atul Dhar. He had been made to
accompany father and son duo by his sister. He had casually gone to his
sister’s house where he came to know about the selection of Atul in a Mumbai
college. His sister had said:-
“
Roop Ji, tomorrow accompany your brother in law and Atul to the bank, please.
Some loan issue is to be discussed. Atul may be needing an education loan. You
have to do all the speaking with bankers. Your brother in law is good for
nothing person. He has just wasted his life. He can not even speak for himself
or watch his own family’s interests. I am sure he will say something that will
spoil Atul’s case. You can only convince bankers for this education
loan. ”
As
suggested by his sister, Roop Krishen did all the talking in the
bank. Listening to this conversation, Atul’s father, Bushan Lal Dhar kept
silent yet nodded approvingly to the commitment demonstrated by Roop Krishen about
total repayment of the loan by Atul from his future earnings. After listening
to what Roop Krishen had said, I handed over the list of formalities
required to be completed for sanction of the loan. Roop Krishen received the
list and started reading the formalities.
“
This is done. This is also done. All this is done. This is nothing, Just one
hour job. Sir, who can be the guarantor? Father can also give the guarantee of
his son. No problem from our side . ” said Roop Krishen.
“
Let me make things clear. Father can not be a guarantor. Father has to be a
co-borrower or co- obligant in this type of loan. Guarantor has to be a
different person. “ I clarified.
“
No problem sir. Why do you worry? I have signed many papers as a witness in
banks. As many as 50 Savings Bank accounts have been opened under my signatures
in your Bank. If I can sign for strangers why not for our child. We come
tomorrow with complete
formalities.
We should be made free in two hours .” he continued.
“
It is not a witness that you are supposed to sign. It is an’ Agreement of
Guarantee’. By signing this deed, the guarantor undertakes to bind himself for
repayment of the loan and interest thereupon should there be any default from
principal borrower. Legally the liability of a guarantor is coextensive with
the principal borrower. Things should be clear to you. The act of witnessing is
nothing but seeing some document being executed. There is no pecuniary
liability of a witness. The guarantor remains financially liable and tied to a loan
until it is fully repaid by the principal borrower. ” I clarified.
Roop
Krishen nodded in agreement, moved his right-hand fingers through his hair and
rubbed his hands. I felt as if he wanted to smoke at that moment. But then he
never smoked in presence of his elder sister’s husband. Bushan Lal Dhar and
Atul looked expectantly towards Roop Krishen.
“No
worry sir. We are there for Atul Ji. What is this 4.30 lakh ? For this boy, I
can sign blank papers and give guarantee for any amount ” Roop Krishen added .He
gave the list of formalities to Bushan Lal Dhar, got up from his chair, shook
hands with me and came out of the room along with his nephew and brother in
law.
Next
day at about 10 a.m., I found Roop Krishen inside the bank premises. The moment
I entered my cabin, he came straight to see me. This time he was alone.
“
So fast in completing the formalities. What is the last date of the admission
in the college? ” I asked
“
What formalities sir? Can I make some personal request? ”he said
“
Sure ” I replied.
“
Sir, you are a great man. Sitting on this seat, you have helped many people.
But then you also know all about our community. You also know Chuni Lal
Pandita’s son Aditya Pandita and his education loan story. They availed an
education loan from this branch. The boy married a girl from Maharashtra
and forgot the education loan. Chuni Lal is now coming to your bank every month
depositing the loan instalments. Do you know that he is repaying from his
pension and his tuition Income? The poor old man is doing tuitions at this age.
This Bushan Lal Ji, my brother in law can not even do tuitions. He is still not
understanding that managing a grocery shop in Kashmir was one story and living
on government relief cheques and some bank interest in Jammu is another story.
What has he for the rainy day? Just rupees 4 lakh that he received as sale
proceeds of his Natipora colony plot. See he has to marry his daughter Sonia
yet. Sonia Ji I mean my niece. The family has no house. What is Mumbai
MBA? I do not understand. MBA from Jammu or Punjab University is also an MBA.
See every Kashmiri Pandit boy now wants to go to Pune, Mumbai or Banglore for
studies. Go if you can afford. What is so great about going by putting your
family and relations in trouble? I should not have said it but then I care for
my sister. And time has also changed. ” said Roop Krishen in a non-stop
voice.
“
There is a world of difference in terms of Employment potential for degrees
procured in Jammu and Mumbai. We are dealing with these issues through various
education loans disbursed by the bank. We know all this difference ” I
clarified.
“Sir,
sixteen boys from Government College of Engineering, Jammu have been
approved
by
TCS and WIPRO in Campus selection this year. It is all luck whether
you study in Jammu, Pune or Overseas. Don’t misunderstand me. Atul is my son
but then this guarantee you are asking from me has turned to be the real
trouble for me. Can this not be changed? Ask for the guarantee of Atul’s uncle
Ashok Kumar Dhar. He is a college teacher. Whenever there is some feast or
function in the Dhar family, Ashok Kumar is the chief guest and when there is
any problem, they catch hold of me. Please do not misunderstand. I have the
highest respect and regard for my brother in law and his family. Sir, I am not
that rich to become the guarantor for 4.30 lakh. And if he does not repay for
say 3 years, the loan amount can go up to 7 lakhs with interest application. I
know all Interest calculation methods of the bank. Even if I sell all my property,
I can not clear the debt. Why you want my children to get ruined with this
guarantee? I just beg you to save me from impending misfortune. And sir,
please, neither Atul nor his father should know what for I came here in their
absence. ” Roop Krishen continued:
“
If you are so sure about the intentions and sincerity of the boy, there is
hardly any worry about being a surety for the education loan. “ I clarified.
“
Manager Sahib, I am also a father. I have two school-going children. And
then if my wife comes to know about all this guarantee issue, there shall be a
Mahabharat in my family. I have to keep myself free for the execution of
any future guarantee that my children may need. Sir, I request you to tell my
brother in law that I have already given guarantee to some other person
who has become a defaulter and I can not give another guarantee. If you
don’t say it then I am finished. I am gone. Nobody can save me. Your words can
only save this poor man. ” Roop Krishen added.
I
said nothing. Roop Krishen sank into the chair opposite to my table. I wanted
him to leave the room as I had many other things to do. I observed that he kept
looking towards the floor and the ceiling of the room and also kept biting his
fingernails. I pressed the bell and sought two glasses of water. Offering one
to Roop Krishen, I said :
“
Shall You have tea? ”
“
My tea is only your help for this guarantee issue. Sir, make me free from this
tension.
”
he replied.
He
was in no mood to leave my room. He sought my permission to use Bank’s landline
telephone for making a local call. I had no objection to that. I heard him
saying:
“
Don’t wait for me. I don’t feel like having food today. You do what you want to
do. Leave me alone. You are only worried about food. ”
At
that time, Mr Anoop Singh loan officer of the branch entered my
cabin and noticing Roop Krishen, He said:
“Pandit
Ji, what happened? Was my solution not acceptable to you? ”
Roop
Krishen looked in such a way to give me an impression as if Anoop Singh was not
addressing him. I asked Anoop Singh how he knew Roop Krishen.
“
Sir he came to my residence yesterday and explained everything to me. I gave
him a solution. Let them raise a loan of 4 Lakh only and in that event, the
father shall be a co-borrower and the Bank does not need a guarantor as per
guidelines for collateral security in such loans .” Anoop Singh clarified
and left the room taking my signatures on some papers.
“Manager
Sahib you can only save this poor man. As I already said, please tell them
that I have already given a guarantee in one loan case which is now in the
defaulter category. Tell them that I have no creditworthiness. Tell them anything
but save me.” added Roop Krishen.
“
But yesterday you volunteered to be a guarantor. And then the boy is your close
relation if you also run away who else shall come to their rescue at this
critical juncture. You should not panic so much. And then it is your own
decision. Tell your brother in law plainly that you do not want to be a
guarantor and he shall immediately find someone else suitable to the bank or
decide what he has to do. ”I clarified.
Roop
Krishen kept silent and started reading the HINDU newspaper lying on my table.
Then
to my surprise, I found Bushan Lal Dhar, his brother in law entering the cabin in
a hurry with another person possibly a Kashmiri.
“
Manager Sahib I have a cheque for 2.47 Lakhs in my name but the cheque is drawn
on Punjab National Bank, Lal Chowk, Srinagar. It relates to your bank only but
a different branch. This cheque has been issued by an Insurance company. This
is the fire claim of my gutted house in Kashmir. My sister’s husband is serving
in Kashmir valley on deputation. He was following up this claim case in
Kashmir. He took pains and brought the cheque today only. He came straight to
my residence in Tata Sumo from Srinagar. The cheque was delivered to him only
yesterday. He also knew about Atul’s selection and our financial
problems. In case I get just 40 thousand within three or four days to
enable me to pay the admission fee of Atul, I need a loan of 2 Lakhs only. I
may need a loan next year. Sir,
you
complete our loan file and keep the loan amount sanctioned. Sir, bank managers
are now transferred after a short stay and maybe you are at some other branch
when we need the money next year. We shall be grateful if you keep the sanction
note in the file so that there is no problem for us to avail the amount at the
time of need. Sir, God comes to rescue but man has to go through the torture
also. ”
“Let
me see the cheque,” I said. And Bushan Lal delivered the cheque to me.
I looked for the drawer’s account in the CBS System. The cheque book
serial number was in order and it was signed by authorized signatories. The
account had sufficient balance. “ No issue. You can take the entire amount
of 2.47 Lakh right now. You have to open a Savings Bank account. Now that you
need Loan of 2 Lakhs only, no guarantor is needed.” I clarified.
Roop Krishen was listening carefully to this sudden development and I could feel
that my words had brought a refreshing smile on his face. Throwing the
newspaper aside
and
looking towards his brother in law he said :
“Namaskar,
I was just discussing the Loan case Only. Have you bought the non-judicial
stamp papers for my guarantee? ” And
Turning to me Roop Krishen said:-
“
Now manager Sahib please release our loan in a hassle-free manner. I may have
to go to Jaipur for the marriage of my wife’s sister. If you desire I can sign
in advance on any paper I have to sign. Atul must get the loan. I have already
given my consent to sign any paper anywhere in any capacity .”
He
got up and went to the bank’s canteen room and paid the waiter thirty rupees
ordering four cups of tea and biscuits for all guests in the room. Then coming
close to my table he said :
“
Ba goes nokrah manager Saeb ”
“Manager
sahib, treat me as a humble servant ”
From
his breath, I could feel that he had smoked a cigarette in the canteen room. He
then went to “ May I Help You” counter and brought a new account opening form.
He now asked his brother in law to immediately go back to his residence and
bring three photographs, photocopy of his ration card and copy of the scooter
driving license. He ensured that his brother in law leaves immediately for
completion of formalities for opening a new bank account. Thereafter he turned
towards me and said:
“
Sir do you believe in God? ”
Now
he picked up the landline telephone lying on my table and dialled some number.
I heard him saying :-
“I
am coming for lunch. Has Pinkoo Ji come back from his school? We have to go to
Bagh e Bahu garden in the evening. I shall be bringing one Kg of mutton
for Rogan Josh and ask Pinkoo Ji to collect ten special Bread ( Ghee Roti ) from
Roshan Lal's Kashmiri bakery shop. ”
I
looked at Roop Krishen and kept noticing the sudden change in his behaviour.
(Avtar
Mota )
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