IDBI Bank, Allahabad Branch — False Commitment for Loan Sanction

Address:

Allahabad, Uttar Pradesh

Hi Guys,

Few months back, I have applied for Housing Loan from IDBI BANK, Allahabad Civil Lines Branch. They told me that the loan will be sanction within 1 month. Me and my elder brother stayed in touch with loan department employees in this regards everytime (Seeraj Srivastava and Abhineet Srivastava)*** during the whole duration. They always promised us "Don't worry, your loan will be sanctioned meanwhile please start ur initial work afterthat we will do one survery of the plot work, then we will release you first loan cheque.

Now today they are telling us that your loan application is rejected because "now policy is changed of housing loan, we are not giving loan for construction" ;now my intial plot work has been finished, just waiting for only cheque.

We belongs to middle class family, the amount that we have saved from our salary is already spend on this initial work and we are now blank in terms of money.

My elder brother spoke with above mentioned guy's senior, who sits in Lucknow Branch(name: Rajkumar) for this issue/false commitment, you guys will be shocked if you read his wordings, he said " The area, where your plot is, not covered by IDBI Bank and I am not the person who gave you the commitment, so I can't do anything" see these are the wordings of one of the reputed IDBI BANK employee, who doesn't work for the bank, only work for his own(such type of persons are not suitable on such post, if they can't resolve customer problems).

So If you are planning to apply home loan, then please don't go "IDBI BANK".