Corporation Bank — Education Loan

Respected Sir/Madam,
(This is me Arun Pancholi want to inform you that i had applied for educational loan online dated on 29/7/2011 & Ref no. RLD/CVD/14749/11 & submitted documents in Mandsaur District Branch in Madhya Pradesh State,& 7 days back i communicated about the same at head office by telephone but till the date no response given to me about the loan.Here your branch manager has not time to talk to customer he said himself on asking the suitable time about loan.Here i am only the person taking care of all the work & study & living in delhi.i can not go again & again to Madhya Pradesh for loan.I belong to poor family category (SC) & got admission in media course though test & interview.I do have 3 years job exp & 1 year teaching exp in my own coaching.
So please kind do the needful & help me in my study.)Address: CORPORATION BANK ,MAHU-NEEMUCH ROAD, NAI ABADI, MANDSAUR,MADHYA PRADESH -458002

This is the detail of me about my loan sent to head office & same thing i am mailing you.
Please do the needful regarding my study.
Thanking You
Yours sincerely
Arun Pancholi
[protected]

Hi,

Im Bairavi, an Advocate . I approached almost all the banks in chennai for availing educational for my masters abroad believing the norms of the banks (as per government guidelines) to provide loans up to 7.5 lakhs without security. But the reality is that no bank is ready to provide even a single rupee without security.
Unless and until government interferes and teaches the bank people a good lesson this scenario will prevail.

Thank you,
T.A.Bairavi
Annanagar

CORPORATION BANK — higher interest rates

I had opted housing loan from Corp Bank homes Ltd. Pune in 2000 under SARAL scheme in2000. Now the company merged in corporation bank. The bank is saying that saral was fixed rated scheme but sanction letter / loan agreement does not suggest that is fixed rate (14.5%).the loan was sanctioned in 2000 when there was no fixed / floating system. then how the bank is saying that it was fixed rate ? the housing loan has come down sharply but effect was not given to the account the bank is using securitasation act to recover their dues. Lot of correspondence with bank not proper reply. Approaching to honorable Governor RBI hope he may help!!


GIRISH DOSHI PUNE A/c no 161 Kharadi Branch [protected]@gmail.com7

the scheme on educational loan is now available in many banks both Public Sector and Private Sector banks. But the interest charged by the banks are at variance. The very purpose of grant of loan for higher education is defeated because the large interest rate. In Corporation Bank which is a public sector one the rate of interest is very high when compared with the other Public Sector Bank .Due to recession the avenues of employment for freshers are restricted. As the repayment is scheduled within a year of completion of the course, even if there is no employment one has to pay the EMI. Unlike the other loans like housing loan car loan personal loan ... the loan given to education is for a noble cause. While the interest can be higher for the other loans, for education loan the rate of Interest should not be high snd it should be uniform for sll the Nationalised banks .

Will the corporation bank shall take up the matter and reduce the rate of interest on par with atleast State bank of India, if not the other banks which charge even much lower rate of Interest .

P.E.Selwyn/Bangalore

banking sectors — education loan

I am a women candidate.I did my M.C.A,M.phil(awaiting for degree certiicates).
i want to persue ph.d.for doing ph.d i want to buy books,materials.i have to pay fees.
I want to do my ph.d without asking money rom my family.I want to stand on my own leg.
i dont have any assets,bank balance now.only thing is confidence to study.
please understand the problem.suppose those students/public dont have parents or (orphan)
want to study means how they will study i u r asking the above.plz consider and give loan
with their institutes id card or sign from their heads o institutions.

CORPORATION BANK — Not getting corpnet password

My name is Umesh Ramesh Pawar. My A/c no. is SB 21603. I have A/c with Corporation Bank. Banks branch code is 330.
I have applied for net banking & I still don't received my password for that. My user ID is 'umeshpawar'.

please do the needful