Sbi - Education Loan — policy on education loan of SBI
I am planning to go further study in abroad for some Fast track course and for that I need education loan upto Rs.7.5 lac. I had applied for education loan to SBI, but they refused my application due to course. They replied me that this kind of course not included in our criteria.
But I have an evidence that bank has already sanctioned loan in same Fast track course one month back. Even bank officers told me that we gave this type of loan but now we stop.
In connection to this I mailed to chairman of SBI, he replied after 4-5 days that bank has no such policy regarding edu.loan. Even local RACPC authority told me that we gave but since last one month we stopped.
So, its different policy on paper and on pen.
Bank spare millions of rupees on advertisement that "THE BANKER TO EVERY INDIAN".
I am too much disappoint regarding bank's two face policy. I do not found any transparancy regarding its policy.
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