[Resolved]  Intellipaat — Regarding closure of loan

Address:6th Floor, Primeco Towers, Arekere Gate, Junction, Bannerghatta Rd, Bengaluru, Karnataka 560076

Hi, My Name is Ashwathi I have opted for pursuing PG program in Data Science and Machine Learning and Data Science on Jun 18th 2023 (User Id: [protected]@gmail.com and registered Mobile No. [protected]) . For the entire tenure of the course Intellipaat quoted a total amount of Rs. 1, 35, 000/- (Rupees One Lakh Thirty Five Thousand Only) as the course fee, when i informed them about my financial incapability to raise such a big amount in a short amount of time they suggested me approach Propelled NBFC to obtain a education loan. As suggested by them I approached Propelled NBFC ( Loan Account No.: PRP320547) they conveyed their willingness to disburse the above quoted amount. On Jun 21st I received an offer letter from Mangalore University for pursuing Ph.D in Physics, considering the long standing credibility of Mangalore university and the negative reviews online of Intellipaat on their lackluster I sent an email to intellipaat on Jun 21st 2023 to cancel my admission. However they were reluctant to cancel my admission fee. When I approached the Propelld NBFC regarding closing my eudcucational loan even their approach was that they can't close the loan. Aggrieved by this I sent another email to Intellipaat regarding my concern and they gave me an option to find a substitute student or to pursue the same course on the next academic year. I am in dilemma now. On every month the NBFC is deducting the monthly term for my educational loan. I am a student and is in not a position to pay such a huge amount for the course that I have never attended nor attained any benefits. Hence this hon'ble Forum maybe pleased to direct the Intellipaat Institution to cancel my admission and to close the educational loan.
Also loan is not closed and I am getting charged for bank return charges and option given by Intellipaat is pause for 1 year and continue thereafter which is not helping me. Because I don't want to continue.
Also both Intellipaat and Propelld and tied up to loot money from students.
Was this information helpful?
No (0)
Yes (3)
Apr 12, 2024
Complaint marked as Resolved 
Intellipaat customer support has been notified about the posted complaint.
Verified Support
Mar 12, 2024
Intellipaat Customer Care's response
Sorry for the inconvenience caused. Our team will contact you and try to resolve your issue asap.
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
    Intellipaat
    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
    75%
    Complaints
    340
    Pending
    52
    Resolved
    230
    Intellipaat Phone
    +91 70 2237 4614
    Intellipaat Address
    Khykha Court, 1st Floor, No.5, I Cross, Madiwala, Hosur Main Road, Bangalore, Karnataka, India - 560068
    View all Intellipaat contact information