[Resolved]  SBI Bank — education loan

Address:

Hamirpur, Himachal Pradesh

This one is as clear as a crystal glass but still our education loan was rejected by one of the largest bank sbi. My son got admission in china for mbbs in Anhui medical university which is fully recognised by MCI (medical council of india). We applied for education loan (4 lakhs) on 22 sept 2010 and we got assurance that we would get loan within 24 hours all the documents were attached and verified by the head of branch. On 29 sept 2010 our loan was rejected on the following basis:-
"We rejected your captioned proposal received on 29/09/2010 for the reasons mentioned below:-
instant instructions contained in e-cir.PBU-PERSONAL LOANS SL. No:789/2008-09 dated 31.03.2009 state that "medical courses in countries of the erstwhile USSR, china, nepal, and other countries not recognized by medical council of india will not be covered.
yours faithfully
surjit choudhary
TEL:(01972:221071, FAX:[protected].
Email:surjit.[protected]@sbi.co.in

ref. no:RCPC/RT/23"

This was the written rejection given to us by Mr. surjit choudhary....as mentioned clearly in the above lines that recognised universities by MCI are covered and mine is covered too then on what ground they have given us the rejection letter.
So appropriate action is required from your end so that loan can be sanctioned....

yours faithfully:
h.d.a.ahmed

email: [protected]@yahoo.com
contact no: [protected], [protected].