Education Loan Complaints & Reviews

I have applied for educational loan on vidyalaxmi portal to 4 banks SBI, Bank of baroda, axis bank and bank of india. SBI rejected my application to loan without giving any written reason and the other three bank have not updated my application status. i need loan to continue my studies further. i am in my last years, i cant afford to quit now....

I had taken amoumt of 3 lakhs in syndicate bank.Loan interest subsidy is claimed but not credited to loan account.ony small amount is credited to the account when will be the remaining amount credit to the account...

Hello sir,
I want to submit complaint about my Interest subsidy amount of education loan. actually i taken education loan in 2013 for my under Graduation(BUMS) for the amount of 400000 from SBI Bank.I have check and communicate bank so many times for subsidy and every time they answered me by the end of the month i will received it. But still i didn't received it.
kindly help how to i can get disburse my interest subsidy amount...

I search a educational loan for my son for the couse of hotel management from iihm.

I am a middle class man.

I start since one year but no proper reply from three or four banks

Bankers reject reason is father's cibil is low.

I am trying for my son's educational loan not for me so why banker's reject only one reason is low cibil of father.

If father's low cibil then...

Hello sir,
I want to submit complaint about my Interest subsidy amount of education loan. actually i taken education loan in 2016 for my Post Graduation(MBA) for the amount of 400000 from SBI Bank.I have check and communicate bank so many times for subsidy and every time they answered me by the end of the month i will received it. But still i didn't received it.
kindly help how to i can get disburse my interest subsidy amount...

Hello sir,
I want to submit complaint about my Interest subsidy amount of education loan. actually i taken education loan in 2016 from HDFC Bank after that i have applied interest subsidy scheme for my loan 2016-17 FY, and i also applied for 2017-18 FY. in both year i was eligible for availed a scheme. but i did not received any communication from bank regarding this, now i have checked my scheme status on Central subsidy scheme portal...

Hello,
I think the main aim for providing education loan is to help students pursue their higher studies without them having to deal with finances. But with stringent bank rules and rigidity is hampering the purpose. I am in need of education loan for mba. I have good academic record, working experience and have secured admission in a college that has great placement record. But my loan is denied just because my father has a low cibil...

Sir...
My name is devadathan pk.and iam from Palakkad, kerala.sir, iam submitting this complaint because of my educational loan issue.i have joined AJK COLLEGE OF ARTS AND SCIENCE, coimbatore in BSC visual communication this year.the class will start from july 15th of this month.the overall fees comes under 3 lakhs. due to some financial problems i want to approach a bank for educational loan.the loan to my ward is given from KERALA...

When i checked the education loan subsidy amount, i can see an amount of rs. 1, 85, 000 disbursed to sbi in my name whereas the amount that i have received from sbi is only rs. 80, 000.
Kindly update me on the amount disbursed in my name and the amount actually received by me. I have gone to both canara bank and sbi multiple times but haven't got any clarity yet on the amount....

I pursued education loan and completed engineering degree by 2016. After that i could not get any job. I went to a simple job which not suit my stream. I payed monthly 5k. I claimed for subsidy in canara bank. After that i did not get any subisidy from bank side. Even i checked subsidy status on canara bank subsidy there it is showing subsidy amount but i never get any subsidy from bank. I asked manager then he told me it will come from government...

I pursued education loan n completed eng degree by 2012. After dat i cudn get any job. I went to a simple job which not suit my stream. I payed monthly 5k. Then i got married n i cudn go work.. My father pays for me till he can. We payed almost 90% of d loan. But still they r giving notice to my father. I'm not near them and also am out of station. Now am a mother of a lil one. I am ready to go work. But who s giving job.
I didn't...

My name is jithesh babu from cochin, kerala. I had applied education loan (First week of december 2018) from bank of baroda through gyandhan (Bank of baroda, panampilly nagar, cochin & bank of baroda palarivattom branch).

I had submitted each and every document as requested by branch and all the legal valuation was done by advocate and branch manager (Palarivattom branch) for which i had paid an amount of 10, 900 rupees.br...

Respected sir
My son vivek got a free mbbs seat in raichur on that i have applied a bank loan corporation bank what they need i will submitt all documents. I am also login vidya laxmi portal with app no 304371 on 28/8/2018 i will submit all documents but the bank peoples rejuected my loan application they give a reason that they need a insurence bond related to student. But they did not clarify me any details
Bank details br...

Sir i need education loan for my mca studies. I have already admission in my collage. Exam will be start on next month. I hv already going to the all bank. But all bank saying, we will not provide study loan. Banks alaways avoid my loan. Sir plz help me. I really need education loan. What can i do sir.. I am from odisha, and city is jagatsinghpur. Sir plz help me.. How to get education loan for my studies.....

I had availed education loan of 4 lakhs in the year 2013. I could complete and pass the course with 76% (Distinction) by 2017, Aug. Thereafter we contacted Bank officials and inquired about repayment of the loan, we were asked to make the repayment at the rate of Rs.16, 000/­ (Rupees Sixteen Thousand only) per month, with effect from September 2018.

Please note that, for a period of about 8 months on completion of the course,...

I, salvin joy from kerala, india. I was denied the education loan for the under graduate course ba animation from federal bank ltd chunangamveli branch, aluva pin code 683112
Ph:[protected] ifsc fdrl0001692

They told that this year they increase the minimum cut off mark from 60 to 80%.
I got 70.4 % and i am not eligible. My father have an nri account on the same branch still they are not giving the loan...

I have taken education loan of 4 lakhs in period of 2012-16, at that time no one is informing me regarding subsidy right now i am asking for subsidy to bank and they told me you didn't claim any subsidy till now that's why we can't provide you this service right now. What can i do please help me to solve this and and how to claim now and get my subsidy, if anybody doesn't any scheme then bank have to inform the consumer regarding this but...

My self Kusum i applied loan before one year ago in SBI Bank at khuharwas, district-jhunjhunu. I provided all of my necessary documents which was required by bank I did visit many time in branch but there was no solution. Bank manager has loved in his email ID on vishalakay ki portal because he has already applied his email ID on my account that is why I couldn't get my education loan so please solved my problem I m forwarding this complained...

Sir as I am applied my educational loan before 3 months but I did not receive loan amount bank manager avoid my loan application and manager told come after 2 days I will sanction your loan but after 2 days he told another reason so please help me for my higher studies I give bank detail below sir
Bank:state bank of India vallankulam madurai
IFSC code:SBIN0071139...

Dear sir,

I am vivek kumar singh resident of bihar, i have taken education loan of 2lakh 80 thousands and 500 rs this amount sanctioned in sep 2014, now when i want to repay i asked to branch manager about subsidy amount he is saying that "kyu paresan kr rhe ho[protected] to subsidy aate hain", but i saw on portal that all interest should be borne by government, sir i am eligible for subsidy still i did not get it.
Bank:...

I have applied firstly to STATE BANK OF INDIA in patna main branch near Gandhi maidan then they have told to open account and fill up all forms and given all my photocopy documents with self attested then after 15 Days they told me That our BANK(STATE BANK OF INDIA) doesn't Give loan to students who are studying in russia then why MCI approved colleges for Russia they should banned that country. Then again i have gone to several banks like...

Hon’ble Sir,

Sub: Decline of Education Loan Application ID 179671 by State Bank of India,
Dombivli West Branch (IFSC Code SBIN0005165).

I, Kaladharan R. Pillai, give below the gist of my journey for an education loan to my son, who have obtained admission through Maharashtra CET in a Govt. College for B.Tech, Computer Engg.

1. I have approached State Bank of India for the education...

Myself Arun, I taken educational loan from central bank of India.At the end some amount came unfortunately I can't get at this time after some month I got job it is not enough to my commitment how I pay to bank.in this case I asked to bank I will pay monthly some amount but bank says u need to pay whole amount to particular date otherwise we take seviour action.please suggest me how to respond to bank...

I have taken n education loan from tamilnadu merchandile bank, thing is that they have started charging the interest from the date when i started my studies. But that is not fair the interest should be charged after completing the studies. So how this is fair if you re charging the interest from the date when he or she didn't even started work to pay the expenses of the bank, from that time i am paying the charges, so what is the use of taking...

I am a student of class 12th from a backward village of assam, now i am selected for iihm admission by clearing e-chat 2018, my parents are the customers of uco bank helem ucba0001079 branch. The manager of the uco helem branch is telling that the uco bank does not provide any education loan for futher studies in india. He totally deny to give any further info about education loan which can destroy my future, so i kindly request you to take...

During 2016-17 i got admission in school of excellence in law, tharamani, chennai under b.com. Llb course (5 years duration) for annual fee of rs.72000/- approx. I have applied for edu. Loan in sbi during last year itself. I was made to run from pillar to post and informed that b.com llb is not a recognized course and hence full amount of tuition fee cannot be given. Only rs.12000/- can be given against the application.

When...

I have taken n education loan from sbi, thing is that they have started charging the interest from the date when i started my studies. But that is not fair the interest should be charged after completing the studies. So how this is fair if you re charging the interest from the date when he or she didn't even started work to pay the expenses of the bank, from that time i am paying the charges, so what is the use of taking educational loan,...

Hello,

I avail loan from dena bank in 2013 as education loan. Now i regularly paid emi and when i talk about what about my subsidy, no one is giving answer from dena bank branch gandhidham. It's been 2 year i m paying my loan on time.
Please help me out for my subsidy of interest. If any emi is late due to some personal reasons they are calling 11 times in day.

Chetan bhogayta
[protected]...

I am a retired employee of Central Public Sector Undertaking and have two daughters.

I had applied for education loan of Rs. 2.60 lakhs from Punjab national Bank, Vatakara Branch, Kozhikode Distt, Kerala, to my younger daughter,
who is pursuing MBA in Coimbatore. When I contacted the Sr. Manager of the bank for he first time asking for an application form, she (the Sr. Manager) has flatly told me that the same is...

Dear concern,

I had taken education loan from punjab national bank in november 2011. I started receiving subsidy in my loan account after 2014 but for last long time i am not receiving any subsidy in my loan account.
Kindly provide me information regarding this so that i can get to know the actual issue. I was getting the subsidy amount in a time interval of 3 to 4 months but now its been too long since i have received...