Credila Financial Services — Declining of Education loan despite paying processing fees of Rs.23000

Address:	Mumbai City, Maharashtra, 201301
Website:	credila.com

Sanction lo
I have got sanction letter for Rs.27 lakh from credila on 9/5/2017. In that sanction letter it is clearly written that we can avail disbursement upto 30th September, 2017 and agreement can be signed within 6 months from the date of issue of sanction letter. You can clearly see the sanction letter issued by credila.

Loan account no. A[protected]

Mr. Mohit Arora and shri Pankaj Kumar of Credila are harassing me, my wife, and my son daily over phone to take the disbursal immediately and otherwise we will cancel our loan unilaterally.

They have sent mail also as under-
"Your case is being declined as the agreement copy is still pending from your end

Also please note that as per policy we would be notifying the concerned authorities(university & the visa embassy) that the loan has not been availed by the customer.

Thanks & Regards

Mohit Arora
Manager
HDFC Credila Financial Services Pvt. Ltd.
India's 1st Education Loan Specialist
Please see the enclosed mail received from Shri Mohit Arora, Manager which in itself blackmailing me and declining our loan.

I have not written to them saying that I have declined any loan. I have paid the processing charges of Rs.23000/-.

How Can Credila unilaterally cancel the loan . I am having the time upto Sept 2017 to take disbursal. In the Sanction letter it is written that within 6 months I have to sign agreement.

Take immediate action on the employees and agents