[Resolved]  Indian Bank — Not sanctioning of pmegp loan

Address:

Vellore, Tamil Nadu

Rs 2, 00, 000/- (Rupees Two Lakhs) from Prime Minister Employment Generation Programme[protected], vide Vellore District Khadi and Village Industries letter No RC.No : 963/2013V dated 5.09.2013 and also instructed The Branch Manager, Indian Bank, Vinnamangalam Branch to sanction the amount.

The Branch Manager, Indian Bank, Vinnamangalam Branch was inspected the area where I plan to install car shed in October 2013 and instructed to clean the area where car shed to be installed and also assured to sanction the loan amount as soon as possible.

Accordingly, I cleaned the land and confirmed the same to Branch Manager, Indian Bank and The Branch Manager again demanded, I need plot agreement and owner of the plot need to sign infront of me. Owner of plot, signed the agreement infront of bank manager in 01 April 2014.

After that, I frequently approached The Branch Manager, Indian Bank, Vinnamangalam Branch, he has not been given reasonable respond.

I am a poor family and am doing car mechanic for last 30 years, nearly one year has been elapsed, my loan not yet sanctioned.

Morethan one year passed please help any body...

PS.Mani
Ambur
Tamilnadu