[Resolved]  Indian Overseas Bank — Complaint regarding IOB Vidya Jyothi Education Loan

Address:

Karaikal, Puducherry

SUB: Complaint/Request Regarding IOB Vidya Jothi Education Loan

Respected sir,
I am Manojkumar sivam.M from Karaikal. I joined to degree program in Bachelor of Computer applications. I applied for an education Loan in your online application facility of Vidya Jothi Education loan, I applied for it on June 12th, 2010 and you sent me an In Principle Sanction letter for my loan on June 25th (My Application No. 4502). I visited my nearest branch (IOB-Ambagarathur) for more than 15 times. On the 15th day manager Mr. Sakaravarthi says that “by the rule of BalaSubramani Committee (issued by Regional office, Nagapatinam on[protected] for your BCA course of yearly fees 77000 only 15000 was eligible for finance” and he shown me that order to me I go through that, in that order BCA was not included, he only suggest me on other degree course limit in that only 15000 per year providing. I asked manager sir that “I received letter from central office in that he approved my application for BCA then how they approve it?” he says that “I don’t know about that but you ask central office for fee structure for BCA if they gave me fee structure for BCA, I provide you education loan for your BCA degree”. So, please contact my branch manager Mr. Sakaravarthi and help me by providing education loan sir. Please help me sir.
Thanking you sir,

Yours faithfully,
M.Manojkumar sivam,
s/o T.Mathivanan Sivam,
32, Main road,
Nallathur,
Nedungadu (via),
Karaikal. 609 603
Mobile: [protected]