[Resolved]  State Bank of India — Education Loan delayed.

Address:Thanjavur, Tamil Nadu

Respected Sir/Madam,

Sub: Education Loan delayed

I am Uthayakumar from Orathanadu, Thanjavur district, Tamilnadu. My father is a former. Now I am studying B.E 1st year in one of Kings engineering college at Thanjavur. I have applied for a education loan in Orathanad branch of State Bank of India. I am trying since August 2010. I applied education loan after waiting 4-5th month only they open my account. But yet they denied and did not give a proper answer for me. Last five Months every Saturday and also weekday i am going and waiting for few hours about this education loan. They gave some forms and told that you should get sign from all other banks for that don’t have any other loans in other banks. We get sign in all other bank managers and gave to SBI. Then till now they are asking so many questions like that do you have house, land and bond papers and etc.. Then they told that we will come to your home and check everything (house and bond papers details). Till now they didn’t response. What can I do? We are poor family that’s why our problem..

My annual loan amount is Rs.50, 000(Fifty thousands only).but they accept only Rs. 30000. Loan for four Years. Overall loan amount is 200,000(Two Lakes only) for completion of my course.

My education details
10th- 92%
12th- 84%
B.E- waiting for 1st semester result (87% cycle test)

Now I have finished 1st semester also.
After then they didn’t response anything.

Not only Myself all students are facing this problem.

One of my relative applied Education loan in Indian Bank.
Annual loan amount is Rs.40, 000(Forty thousands only).but they accept only Rs. 25000. Loan for four Years. Overall loan amount is Rs.160,000(Two Lakes only) for completion of my course.
But He got loan amount only Rs.17000.
What he can do about this amount.
Daily expenses also 30 rs.


Bank Details:
State Bank Of India
Branch: Orathanad
IFSC Code: SBIN0000973
MICR Code:[protected]
Address: KPN buildings, Rayar Street, Orathanad
District: Thanjavur
State: Tamilnadu
Pincode: 614625
Ph:[protected], 233218, 233228, 232013.
Was this information helpful?
No (0)
Yes (0)
Aug 13, 2020
Complaint marked as Resolved 
Complaint comments 

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    State Bank of India [SBI]
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    27%
    Complaints
    27847
    Pending
    0
    Resolved
    7384
    State Bank of India [SBI] Phone
    +91 80 2659 9990
    State Bank of India [SBI] Address
    No.65, St Marks Road, Bangalore, Karnataka, India - 560001
    View all State Bank of India [SBI] contact information