Canara Bank — The bank is not taking any action against wanted willful loan defaulter and troubling the coborrower and not sanctioning education loan | |||||
"the bank is not taking any action against wanted willful business loan deafulter from last 18 years (Since1998)" Respected sir, I am g. V. Ramesh babu maintaing account in canara bank, roddam branch sb a/c no:[protected]. I have kept a surity signature for Tractor loan of g. Chandra of peddakodipalli village of roddam mandal, anantapur district of andhra pradesh in 1998. Even Though the borrower g. Chandra hadn't paid even a single installment in these 18years the bank is not taking any action Against him atlest not sending a single notice. This matter was revealed only when i approached for education loan to My son g. R. Manjunath, even though he is eligible and efficient person and all required security and documentaion was Ubmitted 4 years back in 2012. Even from these last four years 2012 the bank did not take any action against Him and in other way it is suffering us. We are finding a lot difficult in financing my son's education. Even now with Out taking any action against the borrower the bank is not sanctioning education loan for my son's post graduation Tudy showing it as reason. My main questions are 1. Why the bank is not taking any action and auctioning the borrower g. Chandra's property from last 18 years? 2. When bank is auctioning gold under goald loan scheme after a loan period of three months, why cant bank auction his Property from the year of 1998 to till now? 3. Why bank is not doing its social responsibility of sanctiong and assiting education loan for an effecient and eligible student? 4. How could the bank allow him to sell the tractor which was under loan and which may be accepted as criminal case as of illegal selling with out permission from bank? Please take action against the bank and lender g. Chandra and save a middle class family and Upport the education of an intelligent student by sanctioning education loan. Yours sincerely, G. V. Ramesh babu. Bank address: Canara bank, sri lakshmi nilayam, roddam mandal and village, anantapur district, Andhra pradesh, pin code:515123. Phone no:[protected] Borrower address: G. Chandra, s/o. G. Thippanna, main road, peddakodipalli village, roddam mandal Anantapur district, andhra pradesh, pin code:515123 Co borrower/complainant address: G. V. Ramesh babu, cement and fertilizer dealer, main road, roddam mandal and village Anantapur district, andhra pradesh, pin code:515123. Mobile no:[protected]/[protected] Was this information helpful? | |||||
Canara Bank customer support has been notified about the posted complaint. | |||||
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please take action immediately save middle class family and sanction education loan
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