State Bank Of India [SBI] — Loan against fd

Address:

Vadodara, Gujarat, 390002

I am a savings bank account holder of sbi bank, cantonment branch, fatehgunj, vadodara, since last 20 years. I have two fds in this bank. Since i was in need of finance, i approached the bank manager of this branch, for loan of rs.1 lakh against this fd. He mentioned to me that the loan would be sanctioned, but the interest on the fd, would be transferred to my loan account. Earlier, too i had taken a loan against the fd, but at that time the branch manager, told us that you could repay the full amount as and when. I do not understand how this present branch manager, denies to give us the loan.