[Resolved]  Indian Overseas Bank — Education Loan

From,
Jayakumar.P
86.B,West street,
Arucattuthurai-614809
Vedaranyam – (Tk).
Cell : [protected].


Sub : Educational Loan – Degrading behavior of the Indian Overseas Bank Manager, Thopputhurai.

Respected Sir,

My Daughter : J.ASHWINI 80% B.E, SENGUNTHAR COLLEGE OF ENGINEERING FOR WOMEN,TIRUCHENGODE, through Government counseling.

I have to apply educational loan for my Daughter, I quoted Rs. 3.88 Lakes for four years in the application, with all necessary credentials.

When I went to the INDIAN OVERSEAS BANK on 26.08.2009 with the applications, the Manager sarcastically asked me, if you expect all of your wards educational expenses to be paid by our bank, what was the role of you as a father. Are you not ashamed of being a father, He continued, if all the money was given by us your Daughter would not take care to study, because the money was coming free of hardship and ultimately he would ruin himself, he said.

I was totally shocked to hear such words from a responsible manager.
He also said, I can give only Rs. 32,000/-. If interested come, otherwise go else where.

The donor to beggar attitude of the manager and the cruelty in his words made me sleepless that night.

Where else to go? I come to you for redresser. Please take some action on the outrageous, uncalled-for immodest words of the Manager, for at least it should not happen to others.
Thanking you,
Yours faithfully,


P.Jayakumar
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Aug 14, 2020
Complaint marked as Resolved 
Complaint comments 

Comments

Respected sir,
I am Mohamed Rabil.My native is Ramanathapuram and I am doing MBA in RKKR school of management studies, salem.

I have to apply education loan and i quoted 1.6 lakhs for 2years wih all necessary credentials.I went to INDIAN OVERSEAS BANK, KILAKARAI(Branch) and talked with manager.He said "we give loan amount Rs.50000 only.Without education loan I didn't continue my higher studies.
Thanking you,

Yours obidiently,
Mohamed Rabil
hi Chairman of IOB,

Do you think that IOB satisfy your customer?

Absolutely not!!!

Im trying to loan for foreign studies for more than 5 months and still trying, instead of getting the loan im missing my each Intakes of studies!!!, even i get suicide no wonder, because IOB making me that much furtuated!!!

God bless IOB customers...
FROM

k.selvakumar
s/ok.kangaraj
3/262 east street
o.mettupatti. sattur tk.
vruthunagardistrict
Mob no:[protected]

TO

The iob manager
consumer complain
chennai

respected sir
sub:- Unsatisfication in education loan-reg
my name is k.selvakumar iam studying MBA 1st year in RVS- IMS( institute of management studies) sulur near coimbatore.

I got it by government quota. my fees structure is 100000 pa. i went to my village iob bank branch i was claim the education loan.the bank manager Sanctioned me only 32000 my father was a lorry driver & my sister also studying b.tech IT. How can i survive by this amount.so please take necessary steps & inform about me and my family on behalf of me.
I hope that you will take necessary steps.

Thank You

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