[Resolved]  Corporation Bank — Delay in processing Bank overdraft

Address:

Central Delhi, Delhi

I have submitted my bank overdraft application at corporation bank ( k. G. Jeewan prakash building, 25 k.G. Marg, connaught place, new delhi-110001) of amount rs. 200000, but the branch manager said sir why are not apply for the limit of amount rs.500000, then I have change the amount of bank overdraft from amounting rs. 200000 to 500000, then I submitted the paper to the branch manager in the beginning of march. Manager said that, sir your overdraft limit will be sanction with in 10 days, if any query will comes from processing deptt., Then we will inform you.

After 10 days we called to branch manager regarding my bank overdraft then he told me that nowadays I am busy in audit, so sir please wait 10 day more.Then we also called manager after 10 days then he had told me same words.

Finally in the month of may I was frustrated and told to manager sir ye batao apne mera loan process me dala ki nahi, tub manager replied me sir maine abhi 10 din pahle hi process me dala hai. Aap 10 din aur wait kijiye,then I asked to manager sir aap batao kaha dala hai process me jakar ke pata karta hu aapne dala bhi hai ya nahi, then manager told me sir agar aap processing deptt me jate hai to apka loan reject ho jayga, so you meet with me. The we meet the manager then he told me sir aap apna loan application le kar ke na hamari karol bagh branch me jao me waha ke assistant general manager mr. S.K mehta. Then I met with mr. Mehta and wait around 2 hours. On that day mr. Mehta told me sir we will allow you limit of rs. 300000 and I an send mr alam for verification with you. Mr. Alam visit my office and satisfied. Next day I was personally visit the branch of karol bagh and asked sir how much time will you take. Then mehta told me sir me to only apko 200000 ki limit dunga or usme bhi abhi apke paper process honge. So at the I was spent my 5 precious days for personally visit with bank and my partner. And now I am fill that I am a fool.