Education Loan Complaints & Reviews

Ya i m agree with him

i never got any response so how can i beleave you

I got loan from union bank on 2007 for the rupees of 175000, My B.E is completed in 2011, In this regard a bank issued a letter containing subject, "Education Loan:Govt. Interest Subsidy Scheme for Economically Weaker Section" and also the draft format of Parent's Annual Income to be signed by Thasildar ( Taluka Magistrate).On fulfilling all the conditions for getting anuual income certificate the Tahsildar denied to sign on draft format issued by bank. . I submitted some documents like income certificate with thasildar sign and some other documents in order to waive the interest... And i have paid some dues since 1 year. I received the letter state that u have to pay 230000+intrest. in a single payment r in some dues. My father doing labor work I dnt knw how to pay that much amount…. So please help me…

I applied for education loan with sbi main branch ambala cantt.in April 2008, and the bank took11 month ie feb 2009 to say NO for the loan, and keep asking for one another documents repeatedly.If you can provide education loan to the needy PLEASE DONT WASTE TIME AND BEFOOL, and PLAY WITH THE CARRIER

sir,
I was submit online education loan on 19.6.2009 of gandhi nagar Branch, Moradabad (u.p) but the work not progress in this matter yet now he is not submit my application form. my mother is gorvent servent (Teacher). my addmission have been done in MBA(IT) Lovely Professnol University in jallandhar (punjab) and i have deposited 10, 000Rs. and the last date of the submitting fees on 7.7.2009.
if my addmission will cancel then the bank of Patiala will be responsible for it.
I hope you will do somethig in my matter and give me a chance to get the addmission in LPU.
this is humble request to you.
NAME- ZAINUL IBAD KAZMI R/O LAJPAT NAGAR B-737 MORADABAD.(U.P)
M- [protected], [protected]
E MAIL- ZAINUL.[protected]@YAHOO.IN
[protected]@REDIFFMAIL.COM

Respected sir/madam,
( sub; Asking educationloan)

My name is Raja,I am doing MSC IT in stjoseph college in trichy,Three
months before ,i applied for education loan in kanara bank(pkt),They told to start account.
with in three months i approached bank 5 times.but they denied to give education loan.
I don,t know now what am going to do ?.i don,t have father. my mother is working for daily wages.
i don,t know,how am i going to pay next sem fees.if you have grace on this i will continue
study otherwise......?.
please consider this letter as my request


thank you yours faithfully
s Raja


date;7-11-09
place;puddukkottai

THE ECONOMIC TIMES 26/03/2009

MUMBAI: Some former junior employees of Rolta India suddenly find themselves in a jam. Eighty five employees, whose services were terminated or

who ‘resigned’, are left with the burden of a bank loan. This loan was taken at the company’s behest to pay the enrolment fee for an in-house training programme.

Rolta India says that the services of 50 employees were terminated for non-performance while 35 employees resigned rather than having their services terminated. Some of the aggrieved former employees told ET that about 150 of them were without a job and struggling to repay the loan of Rs 2.5 lakh.

As part of its recruitment policy, Rolta India trains all new recruits for three months at Rolta Academy, a division within the company. Each recruit has to pay a ‘non-recourse security deposit’ of Rs 2.5 lakh. Rolta has a strategic arrangement with Union Bank of India to make the amount available as an educational loan.

The Rolta website says “selected candidates will be given an offer letter, which will be valid for a period of 15 days within which they can organise the deposit from the bank with the help of the company”. The bank disburses the loan directly to Rolta India by way of a pay order/demand draft.

Rolta would pay the interest on the loan, which also forms part of the employee’s monthly salary, and pay the principal amount to the bank in two instalments of Rs 1.25 lakh each, one after 39 months and the second, 12 months later. If the employee resigns during this period, the company is absolved from paying the loan.
Former employees, who spoke to ET on condition of anonymity, allege the company created conditions due to which they were forced to resign and there was no prior warning. Some were given as little as 10-14 days to leave the company after being employed for almost close to a year.
Many of these employees approached Union Bank with a request to reschedule the EMI.

In response to an email query by ET , senior officials of Rolta said, “the amount in question is not a fee, but a ‘refundable deposit’, to discourage the employee from using the academy as a training ground to merely increase his market value. On the contrary, he/she receives full salary and does not have to worry about repaying the loan and interest, if he/she intends to fulfil the employment obligations.”

However, the loan agreement with the bank stipulates that whenever a student/employee resigns from Rolta, the entire loan amount will become payable immediately and the bank will have the liberty to take appropriate recovery measures to recover the loan.
The agreement also categorically absolves the company from paying or remitting the monthly interest or further repayments to the bank. Significantly, the loan given at an annual 12.25%, attracts an additional interest of 2% over and above the stipulated interest rate in the event of a delay or default in payment. An e-mail sent to the bank remained unanswered till the time of going to press.

Interestingly, most frontline IT companies do not levy any fees for the inhouse training, but many companies do insist on a bond.

THE ECONOMIC TIMES 26/03/2009

MUMBAI: Some former junior employees of Rolta India suddenly find themselves in a jam. Eighty five employees, whose services were terminated or

who ‘resigned’, are left with the burden of a bank loan. This loan was taken at the company’s behest to pay the enrolment fee for an in-house training programme.

Rolta India says that the services of 50 employees were terminated for non-performance while 35 employees resigned rather than having their services terminated. Some of the aggrieved former employees told ET that about 150 of them were without a job and struggling to repay the loan of Rs 2.5 lakh.

As part of its recruitment policy, Rolta India trains all new recruits for three months at Rolta Academy, a division within the company. Each recruit has to pay a ‘non-recourse security deposit’ of Rs 2.5 lakh. Rolta has a strategic arrangement with Union Bank of India to make the amount available as an educational loan.

The Rolta website says “selected candidates will be given an offer letter, which will be valid for a period of 15 days within which they can organise the deposit from the bank with the help of the company”. The bank disburses the loan directly to Rolta India by way of a pay order/demand draft.

Rolta would pay the interest on the loan, which also forms part of the employee’s monthly salary, and pay the principal amount to the bank in two instalments of Rs 1.25 lakh each, one after 39 months and the second, 12 months later. If the employee resigns during this period, the company is absolved from paying the loan.
Former employees, who spoke to ET on condition of anonymity, allege the company created conditions due to which they were forced to resign and there was no prior warning. Some were given as little as 10-14 days to leave the company after being employed for almost close to a year.
Many of these employees approached Union Bank with a request to reschedule the EMI.

In response to an email query by ET , senior officials of Rolta said, “the amount in question is not a fee, but a ‘refundable deposit’, to discourage the employee from using the academy as a training ground to merely increase his market value. On the contrary, he/she receives full salary and does not have to worry about repaying the loan and interest, if he/she intends to fulfil the employment obligations.”

However, the loan agreement with the bank stipulates that whenever a student/employee resigns from Rolta, the entire loan amount will become payable immediately and the bank will have the liberty to take appropriate recovery measures to recover the loan.
The agreement also categorically absolves the company from paying or remitting the monthly interest or further repayments to the bank. Significantly, the loan given at an annual 12.25%, attracts an additional interest of 2% over and above the stipulated interest rate in the event of a delay or default in payment. An e-mail sent to the bank remained unanswered till the time of going to press.

Interestingly, most frontline IT companies do not levy any fees for the inhouse training, but many companies do insist on a bond.

hello sirrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr...⇄


thanks for uuuuuuuuuuuuuuuuuuuuuuuuuuuuuu

I AM APPLIED FOR EDUCATION LOAN BEFORE 4MONTH MY ONE SEMESTER IS OVER ME STILL WAITING FOR LOAN I HAVE SUBMITTED ALL DOCUMENT THOSE REQUIRD BY BANK .TILL ON DATE SBI IS NICE THAT IMPESSION WE CARRY NOW OUR IMPRESSON TOATALY CHANGE .BANK POLICY IS NOT GOOD .IT WILL BE COLLEPS THIS BANK IN NEAR FUTURE

Hi,

We are around 90 students studied in IFCR institute kerala. total tution fees they charged more than 4 lakhs so we took bank loan from BOI kerala and our nearby home town BOI branch (all over india)

After finishing the course now we realised that that certificates and that institute does not have any value. they promised us for job confirmation, however till now (more than 2 years) they did not assist or helped for any job.

Please take this information and students life (doctors, pharmacist and life science people) an into consideration.

now our interest rate is increasing day by day. we do get bank notice from BOI. Some of our students filed that case against the institute even they are not responding. since they have big political and other back ground in kerala.

Note: We think they (IFCR) do have big colaboration with BOI kerala. cochin. Ernakulam. and played all our professional students life.

loan — education

respected sir, my brother have applied for education loan in sbi, he completed one semester still he not getting his loan amount.we lost our confidence by demanding loan and we pay interest to other local agency due to lating of this loan

Hiiii This is Navneet Mehta. sir i was taken the education loan in 2007 from State bank of indore previosely now it is india Branch Collectorate Dhar , Madhya Pradesh.
Branch Manager of this above branch told me you will have to repayment the loan within 36 month after completion of your course but when i visited your education loan policy site there was mentioned you can repayment the loan up to 4 lach with in 5 to 7 year duration then why is he asking me for repaymenting the loan within 36 month.
kindly suugest the proper way to solve this matter.
Thanks & Regards
Navneet Mehta

All Indian banks website boast of providing education loan to needy students, and when students make all hopes of getting a loan, HDFC bank said they need an FD of an amount more then education loan, which is written nowhere in the website. If a student tis able to make an FD to the bank why would he/she needs a loan. Indian system sucks, India can never progress by having such lame conditions over education loans.

Education Loan — not sanction education loan

I am Ashwani Kant Shakya persuing M.B.A. from International Business School Lucknow.Due to financial condition i am not able to deposit the fees.and for this i have applied the educatioal loan.But whenever i will try for it the bank staff did not co-operate with me. So i want that please take action on it so that i can deposit my fee within time and use the facility avail by college.

Education Loan — related to education loan

Dear sir,
I am Saurav kumar. I am doing B.TECH from Icfai Tech, Hyderabad.I want education loan from State bank of India.When i send email on" helpline <helpline.[protected]@sbi.co.in>" to know that sbi branch sanction edu. loan to UGC affilliated college or not, then they reply that they give only loan to only AICTE approval college.But criteria for given loan in sbi also includes UGC approval college.The term which is given in sbi loan form is:
EDUCATION LOAN

A term loan granted to Indian Nationals for pursuing higher education in India or abroad where admission has been secured.

Eligible Courses :

All courses having employment prospects are eligible.
Graduation courses/ Post graduation courses/ Professional courses
Other courses approved by UGC/Government/AICTE etc.

Education Loan — REQUIRE EDUCATION LOAN

SIR,
I AM HOLDING SB ACCOUNT WITH ONE OF YOUR IOB BRANCH IN CHENNAI, FOR MORE THAN 6 YEARS AND HAVING MY DEPOSITS WORTH OF 5.0 LAKH'S IN SAME BRANCH.I NEED 4.0 LAKHS TOWARDS EDUCATION LOAN FOR MY SON STUDIES AT UK WITHOUT COLLATRAL AS IT IS MENTIONED IN ALL BANK WEBSITES.SAYS UPTO 4.0 LAKH NO COLLATRAL IS REQUIRED.WHEN I CONTACTED THE BANK MANGER HE SAYS I NEED COLLATRAL.PLEASE CONFIRM WHAT IS PROCEDURES U FOLLOW AS PER BANK NORMS OR WHAT U MENTIONED IN WEBSITE IS TRUE OR FALSE STATEMENT.THANKS PL REPLY.

Education Loan — Interest for Education loan

i had applied education loan in Central Bank of India main branch which is on Coimbatore. my education loan no is [protected]. they are charging interest for my education loan. according to government act they should not put interest for education loan

I got loan from Indian bank now they ask to pay interest, additional add the EMI (I cant understand the interest calculation) its for irrugular in interest pay.Now i stop to pay interset .

I feel using " 'thagaval ariyum urimai sattam' to know the process .Do my next step.

I got loan from state bank of tiruvancore now they ask to pay interest, additional add the EMI (I cant understand the interest calculation) its for irrugular in interest pay.Now i stop to pay interset .

I feel using " 'thagaval ariyum urimai sattam' to know the process .Do my next step.

I got an education loan from Indian bank in 2008. I approached the bank about the interest free scheme, they saying it is applicable for who got loan in 2009 only. I am eligible under that scheme they said and in 2011 the interest amount is Rs.24000 for loan amount of Rs.1, 38, 000. I am very shocked of the interest amount..!. Now they are asking to repay the amount. Can you please help me. My father doing labor work, now i got a job and I am getting Rs.6000 as a salary. Please help me.

This is thilagaranjani.K . Now i'm doing my mba final year.I have been applied for education loan last year.But til now i'm not get loan. Bank manager didn't take any action for my loan. In this suiation how can i pay my college fee. . .

Hi my cousin sister got the loan on 2009 for the rupes of 184000, i have paid some dues, now she cant able to repay the dues. I received the letter state that u have to pay 234000+intrest. in a single payment r in some dues. Her salary is 8000 with night shift allowance for 20 days. Her father is a labour earning 3000 rupees. Kindly help me in the above.

sir, ihave completed my 12th with 83%.i want education loan for my future education. how many interest on education loan?

http://makeitshout.com/education-loan-interest-free/232/


verify the url gives the full information about the education loan and interest details

i got the loan from Tamilnadu Mercantile Bank, dindigul dt ayyalur branch. i am lateral entry student, i got the loan from this branch that time my mother got agriculture loan RS. 50000 (WE submit the land document Rs. 20lakhs land value). because of some issues we closed the agricultural loan. but manager not given land document. He told that because of that land document only we gave RS. 50000 Educational FIRST YEAR FEES FOR ME. 2nd year i asked loan but he is asking interest RS. 12000. My family situation so many times i spoken to manager. without paying 12000 rupees he is not ready to give the loan also.

pls help me how to get land document for applying other agricultural loan..

regards

thiruganan
BE CSC
[protected]

Indian Bank — Education Loan repayment

Dear Sir

How many years we can repay our Education Loan, and we have to pay interest.

Regards
Diwaharan S

I got an education loan from State bank of India in 2006. I approached the bank about the interest free scheme, they saying it is applicable for who got loan in 2009 only. I am eligible under that scheme they said and in 2011 the interest amount is Rs.1, 50, 000 for loan amount of Rs.2, 54, 000. I am very shocked of the interest amount..!. Now they are asking to repay the amount. Can you please help me. My father doing labor work. I didnt get a job yet.. please help me... our finance minister said that interest for educational loan is cancelled...

Hi this is Jamila ... I am BE Graduate passed out in 2011... I got the bank loan from the Indian Overseas Bank... I got the loan on 2008... I heard that if the student is a first graduate of the family, student needs to pay only the first year principle and rest of the year loan is been waived ... Is this info correct? And also i heard that the interest is also waived... I submitted some documents like income certificate with thasildar sign and some other documents (I dont remember) in order to waive the interest... But bank employees are asking me to pay the loan...

Hi i am kamini, searching for a job in abroad. I contact a travel agency named STAR MANPOWER SERVICES having address at
[protected]A, Opp. Reliance Fresh, East Anand Baug, Hyderabad-47.Ph.[protected]M)[protected]. A person from this agency asked me Rs.50, 000 for job visa. I have to know either this travel agency is trust worthy or not. Can i believe this travel agency and start my visa process. Please help me. My id [protected]@gmail.com

not sanction education loan - Education Loan

I am S.R. Pooja studying B.E. (CSE). IInd year from Jayam College of Engineering &amp; Technology, Nallanur, Dharmapuri (District) (Tamil Nadu).Due to financial condition i am not able to deposit the fees.and for this i have applied the educational loan.But whenever i will try for it the bank staff did not co-operate with me. So i want that please take action on it so that i can deposit my fee within time and use the facility avail by college.

Sir,

My name is Merlin, i am completed BE-Civil Engineering in June-2009, i was taken 33000/- education loan in July-2008 from State bank of Travancore-Alanji Branch (IFSC code is SBTR 0000524). I have paid 23000/- repayment in april-2013. Now the bank manager told me your education loan interest cannot cancelled, how it is possible. Our finance minister announced all interests are cancelled for who was loan taken before 2009. Please answer me.

Regards,
Merlin

I got an education loan from indian overseas bank in 2006. I approached the bank about the interest free scheme, they saying it is applicable for who got loan in 2009 only. I am eligible under that scheme they said and in 2011 the interest amount is Rupees 1, 25, 000 for loan amount of Rupees1, 50, 000. I am very shocked of the interest amount..!. Now they are asking to repay the amount. Can you please help me. My father doing labor work. I didn't get a job yet.. Please help me... our finance minister said that interest for educational loan is cancelled...

I'm jegatheeswari... I am BE Graduate passed out in 2011... I got the bank loan from the indian bank P.Alagapuri branch. my loan account number[protected]... I got the loan on 2007... my family middle class am first graduate in my family...i got loan
145000 only and i paid interest 50000 and also... They are occupaid my 1 1/2 gold for my loan... the manager asked now u pay 235000 rs within due days i shocked of the interest amount...Now the bank manager told me your education loan interest cannot cancelled, how it is possible. Our finance minister announced all interests are cancelled for who was loan taken before 2009. Please answer me.kindly help me resettlement for my interest and cancelled interest ...i request u to give good solution for me .I'm really suffering for the loan...

I got an education loan from indian overseas bank in 2009. I approached the bank about the interest free scheme, they saying it is applicable for who got loan in 2009 only. I am eligible under that scheme they said and in 2013 the interest amount is Rs.45000 for loan amount of Rs.1, 21, 000. I am very shocked of the interest amount..!. Now they are asking to repay the amount. Can you please help me. .. please help me... our finance minister said that interest for educational loan is cancelled...

Hello Friends

Please help me out below written in my query the suggestions will be highly appreciated :-

On 29.09.09 i have taken Education loan from UCO Bank Chapra branch(1634) Bihar. For my younger brother education and i have continued it for the second year also .But in 3rd semester he was badly ill and doctor advised him for the complete bed rest that's why was unable to attend the exam and planned to continue the 3rd semester in next year.And now he has completed his second year so whats the procedure to get the third year education loan after a gap.With due respect please look into our issue and respond accordingly . Friends waiting for your positive response. plz write me to my mail add:- dubey.[protected]@gmail.com

I am a student of npti at neyveli.I had apply a educational loan for my panjayat include the bodinayakanur sbi bank.The bankers says no obtion to give the loan of this cource.I am not satisfied because other banks of my area(canara, iob)provide the loan for the course.The other banks says that u r panjayat not under my bank.I kindly request you to sir, Pls take action and give to loan for me.

Sir i am vijay.. i got educational loan from Indian Grama Bank for study BE in[protected] . they are torchurig now to pay interest..

they are came to my home. pls help me.my no [protected]

Sir, I applied education loan in KVB bank at karur main branch for my higher studies.But they ask me to submit original document of any immovable document.But we have no immovable property.So I request you to please take any action for my Educational Loan.

Thank you


Yours Truly
Siva

HDFC Bank(Education loan) — Non Settlement

This refers to Education loan ac no 91456223 of Mr Avninder Singh.(loan taken from erstwhile Centurion Bank of Punjab, chandigarh Branch)
To begin with let me express that i am deeply disappointed at the response of the bank to settle closing of the loan ac. It is submitted that Rs 1, 75885/- have been deposited on 01 Jun 2009 but the final statement has not been provided yet. It is further
submitted that neither the refund due is credied nor any information is being provided. The response of the staff at Chandigarh (Industrial area Branch) is absolutely nonchalant.You are therefore requested to access the ac and work out the final statement and also take action to return the docunents kept with your bank as security.

My name is teena I have applied for Education Loan in tuticorin Sbi Branch but until now my loan is not sanctioned, I have already behind the bank for two months. Kindly guide me

Dear Sir,

I have taken education loan (Loan a/c no[protected] with HDFC on OCT, 08 amount is Rs.60000/- (Sixty thousand Ist year Fee), @13% (Reducing) and my installment is Rs.2022/-which start on 07/11/2008 for 36 month and I am regularly made the payment of installment.

Now again have disbursed 2nd year fee amount is 60000/- for 36 month but my installment is Rs.4874/-.

I fail to understand how you calculate the same and I made the call phone banking but they people are also fail to understand the same,

Request you to please provide the details that how you people are calculate the installment, I have not recived any loan document or any thing except SMS. Please look at this matter on urgent basis.

Looking for positive response from your side


Regards
Subhash Jha
[protected]

loan — not getting education loan

i had applied at[protected] for my education loan but there is no responce againgst my loan application

Education Loan — Noone ever picks up the call

SBI is one of the most pathetic bank. I just dont understand what sort of behaviour these people show, i mean giving loan is more important to their business then to take deposits from people. But my goodness they dont care about anything. You call them up at their Bandra Kurla RACPC office & wait for one hour, one week , one month & believe me no one will ever pick up the call . You have to visit their office, even for asking a small question.

Who the hell said Public sector banks have done any good to the nation. I'm so frustrated with these people, given one wish in the world I will fire everyone from SBI.

Crap!!!!

Education Loan — call centre attitude

Dear sir,
Today I called your call centre t=and was shocked with the behavour of your loan section lady's attitude. My son is studying in USA and we have opted the loan for his education. The account no. is 13265852. We wnated to know the balace amount and details of how we can repat the loans. the lady rufuse to lsiten to me and aksed to call from si whi is USa to know the details. My wife is not in town and I wanted to convery the information to my son. I was ready to provide all the details about the security reasons but lady was very adment and we were very much hurt with unhelpful nature. Myself and my wife has jount account with HDFc for last 20 years.

Please take this feedback as seriously and see that such things do not happen in future. i do lot of fund transfer etc through your bank only because i was having high regrds for the bank. Due to this incidance we were totally upset ands looking for closing the relation with HDFC bank.

await your prompt reply

Regards

SHRIDHAR / ROHINI KHOT
RSA AUTOMATION
# 649 ,12TH MAIN 28TH CROSS
2ND BLOCK , NEAR KLE COLLEGE
RAJAJINAGAR
BANGALORE 560010
TEL NO. +91 [protected]
FAX NO. +[protected]
MOBILE : [protected]
MAIL : [protected]@gmail.com ; [protected]@dataone.in

DEAR sir/madam :

my name s m.nirmal kumar am doing my MBA in SMOT SCHOOL OF BUSINESS chennai (www.smot.edu.in) i applied education loan in indian bank (lb road) for mba 4.7l i dint get they rejected i dont no the reason they r providing for past 3 years with property back up know am in situvation to quite the college ... i have my own house ready to give them colatrol ... pls take some actions or atlest tel us wer to complain

yours faithfully

m.nirmal kumar
[protected]

Education Loan — Education loan not passed

Education loan not passed. They didn't approved AICTE course but college is approved AICTE.

Sir,
My cousin R Chandran had applied for education loan in Union bank of India- loan branch, Broadway, Parys, Chennai. He had joined BE course and had applied for loan in the month of August. It is now more than four months and the bankers are delaying him in giving the loan. I would appreciate if you could advice us to encounter such situation.

regards,
Robinson
[protected]

DEAR SIR, 07/05/2009.
SIR OF SBI.

SUB.=COMPLAIN ABOUT EDUCATION LOAN.

MY NAME IS SANJAY LALJIBHAI NASIT FROM SURAT CITY.MY EDUCATION FILE NO.194. I HAVE APPLYED EDUCATION LOAN FOR MBA. I HAVE APPLY MY LOAN IN PRAKASH SOC. BRANCH, DHOD DOD ROAD AT SURAT.I HAVE APPLY NEAR ABOUT 15 APRIL 2009.I HAVE GIVE ALL REQUIRE DUCUMENT FOR LOAN. I HAVE ALSO GIVE GAURENTER'S DOCUMENT.MY LOAN INSPECTION ALSO HAS FINISHD.BUT ITC BUILDING LOAN DEPARTMENT, MAJURA GATE, SURAT THERE NIMA MEDAM AND MALVIYA D. N. SIR ARE NOT GIVING RESPONSE ABOUT MY LOAB.NIMA MEDAM AND MALVIYA SIR ARE DEMANDED FOR SECURITY MORGAGE.BUT SECURITY MORGAGE IS NOT REQUIRE UP TO 7.5 LACKH.THEY ARE GIVIN DEFFERENT RESONS ABOUT MY LOAN AND THEY ARE NOT GIVIN PROPER REPLY.
SO, I REQUEST TO YOU SIR THAT WHY THEY ARE NOT WANT TO GIVE LOAN.
I HAVE NOT ANY PROBLEM IN MY DUCUMENT AND INSPECTION.WHY THEY ARE NOT DOING SENCTION MY LOAN ? ? ? WHY THEY ARE GIVING WRONG REPLY ABOUT MY LOAN ? ? ?

NOW I HOPE I WILL GET RIGHT FROME YOU SIR...

YOUR FAITHFULLY STUDENT
SANJAY L NASIT

dear sir/madam :

my name s m.nirmal kumar am doing my MBA in SMOT SCHOOL OF BUSINESS chennai (www.smot.edu.in) i applied education loan in indian bank (lb road) for mba 4.7l i dint get they rejected i dont no the reason they r providing for past 3 years with property back up know am in situvation to quite the college ... i have my own house ready to give them colatrol ... pls take some actions or atlest tel us wer to complain

yours faithfully

m.nirmal kumar
[protected]

study loan

i tried for my education loan at various bank but i cant able to get it. because no one in my family working condition . my father is having betnel shop . i am doing post gruadate certification in clinical research and clinical data managementit cost around 70000 . i tried in HDFC but they are asking my father IT return

Hi,

I want to apply for educational loan on online so, will u provide details regarding that,


Thankq

i will totally agree with you..
people sitting in the loan department consider themselves as the gods .they think a student whos standing in front of them with a file (consisting all hard work put on documents reqiured application forms etc..) are beggars..these sbi loan sanctioning department are having inefficient people.
ive applied for edu loan on 7th july and i was asking them to show me the status of file which they showed me on 23rd of july finally after running around them...then they asked me to meet the concerned official with whom my file was..he was behaving like as if my whole life not even career he was thinking my whole life was under his stake.Ive aplied for jus 4 lakhs which requires no security at all..i submitted every document, my father it return 4.55 lakh per annum along with the bank statement of 16 lakhs balance..still he asks me how can u get a loan of 4 lakhs with these document..i even submitted the land documents as extra proof.he doesnt even bothered to tell me the laibility of getting a loan..he humiliated me a lot..theese people sittign in front of computers and working for big organisation do not know anything other than their usual work they do..narrow minded people.they cant even imagine how does a student with ful of hopes about his career and goals apllying a loan and standing for hours without een bothering to eat his luch catching bunches of files in front of these who only jus stick their for hours in a day and get their salaries and pf in their account but fit for nothing.useless ..they think they are wworking for SBI which is largest bank in india(i dont think so after this incident) my hdfc bank people are so friendly with me (visa counselors usually looks for national banks edu laons) or else i would have got a loan in hdfc within a week with so much care and attention to the customer...shame on you SBI.

dear sir,
i want education loan

can u help me SIR?

PLESE CALLING ME IURJENTLY


thanks&regards
Amresh kumar patra
M-[protected]/[protected]

even i also got disappointed from bank of baroda in the same way regarding my education loan...gave GRE, IELTS..got decent score...and finally my loan got cancelled...they never told me on what basis they rejected my application...i suggest you to mail the chairman of SBI and tell him frankly that don't screw our carrer unnecessarily..here is the mail ID chairmansbi.[protected]@sbi.co.in

i too had approached the bank for applying for a loan. they made me run around the world for documents and at the end i came up with documents, they said "WE HAVE STOPPED TAKING EDUCATIONAL LOAN APPLICATIONS". i just cannot understand why they are sitting around there. they asked me to write a letter stating that i'm a student of MCA studying in CUCEK and all and i need a loan for my educational purpose. they gave me a letter telling that they have closed the loan application section for the year. they asked me to meet some other bank and get a loan. since SBI is my nearest bank, no other bank is giving me a loan. i don't know what to do. my brother too is facing the same problem. i need a solution. i never knew that there was a deadline for applying for a loan.