[Resolved]  Allahabad Bank, Ambala Cantt — Refusal of Education Loan & providing wrong information

The branch of Allahabad Bank at Nicholson Road, Ambala Cantt refused us to give an Education Loan of Rs.7 lac . My daughter has been selected at Amity, Noida with which Allahabad Bank has a tie-up. But, the Loan Manager Mr. R.K. Barara of Ambala Cantt branch refused not only for the loan but also about the tie-up. It is mentioned on there website that for loan from 4 upto 7.5 lac only co-obligation is required, no morgage is required. He told us to morgage any property but we do not have any. We also asked him if he could sanction a loan of Rs.4 lac, but he refused for that as well. Sir, i would also like to bring this to your notice that it is my salaried bank.
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Aug 14, 2020
Complaint marked as Resolved 
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