Andhra Bank — collateral security for educational loan upto 7.5 lakh in vidyalakshmi portal

Saikrishnareddy Katamreddy

from Hyderabad, Telangana

Address:

Podalakur Road branch,Nellore, Nellore, Andhra Pradesh, 524004

I have applied for education loan of 7.5 lakh In VidyaLakshmi. According to the scheme, there is no need of collateral security upto 7.5 lakh but the bank seemed to submit the collateral security for the loan of 7.5 lakh..It seems like poor people are no way eligible for education loan to pursuie higher studies.. I'm way losing time and colleges are going to start . Please resolve this as soon

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Andhra Bank customer support has been notified about the posted complaint.