[Resolved]  SBI-Home Loan — Rejection of Home loan on ground of being tribal

Sub; Rejection of Home Loan on ground of being tribal
Ref:File No..AH/Development/Bank/2008/325/RU-IV

Sir

I had applied for Home Loan to State Bank of India, ADM Branch, Bokaro Steel City in the October, 2007.My application was processed for loan by the bank, however, after almost 5 months, on opinion of its retaining lawyer, it refused to grant me loan stating that as a tribal I was not allowed to mortgage my land as per the Chottanagpur Tenancy Act and therefore not eligible for home loan.
I represented my case to the bank and after a lapse of almost one year on 14.8.08 I got a letter from my SBI local Branch that they were glad to consider my case under the scheme ‘Tribal Plus’ for home loan.(Copy of the letter is enclosed ).
I immediately got my papers ready and after discussion with the Branch Manager submitted my application on 15.10.08 to the bank with my wife, who is working in PSU as an executive, as Third Party Gurantor(TPG) for the amount against the loan..
The local Main Branch in the city where my loan application was to be processed returned my application asking me to further to give liquid security besides TPG assuring me that once the liquid security is deposited, my loan would be sanctioned.
Hence on 22.10.08, as stipulated in the scheme, I also purchased Term Deposit for an amount of Rs.300000/- from SBI with whatever little savings I had and sent my application to the branch processing my loan application .However, on 29.10.08 I was called by the Branch Manager of my bank, who informed that my application for home had been rejected by the Local Head Office at Ranchi since I am not able mortgage my property against the loan amount.
It appears that State Bank of India is acting prejudicial in granting loan to me because I am a tribal since inspite of fulfilling all the stipulations in the scheme for home loan in ‘Tribal Plus’, it has rejected my loan
You are requested to kindly look into my grievance for early redressal.


(Anuj S Hemrom)
SB A/c.No [protected]
State Bank of India, ADM Bldg Branch
B.S.City

Address:
Sector 4 F, Qr.No.5145
Bokaro Steel City-827004