[Resolved]  State Bank of India — SBI home loan

State Bank of India — Status of Home Loans

Dear Sir,
I had applied for home loan from SBI Bank Branch Shalimar Bagh, New Delhi. All papers asked by concerned person Mr Anil were given in the month of may. After some time I got some queries from concerned person and those queries were clarified and required papers were also submitted.
Now I am getting no response from him and he always assured me of next week.
Please let me know the status of my loan.
So far no receipt was given to me.


Thanks & Regards,

same i have applied on 4th of jan2010 then again i have submitted on request of other document on 16th feb2010 but till now 9th march2010 on improment in process sir i am daily calling to racpc but no use

I have same problem with SBI, i applied SBI-SPBB Baner branch Pune for home loan submiited my all neccaray documents wwith fees chque on 5th Feb, after 40 days when i did not recieve any message or verification from SBI then i tried to get my status i was shoked to knew that my file has lost ..Branch people said they have sent file to RACPC Pune while when i asked to RACPC they denied that there is no file with my name is recieved yet. I am rounding daily to branch to confirm whom they submit in RACPC and asking a aknoowledement but not getting any response till today 10th March 2010. SBI process is worst process and everything is manual and there is alot of communication gap between them.

Even I have the same problem. I had applied for SBI home loan on 5-JAN-10 in Erandwana branch. the file was sent to RACPC Pune on 15-FEB-10; I wonder as to why did it take more than 40 days to send a file from brach to RACPC. Since then I have been following up with my SBI agent (who never picks up my phone) and the officer in RACPC. About two weeks back when the bank officer was supposed to work on my file he was transfered and again it hit a road block. it is 13-MAR-10 and still facing the same problem.
I don't think SBI is interested in small individual loans hence the slow process and worst customer service. Would never recommend anyone to go for SBI loans. It is really a mental harassment; and on top if it builder will always be behind us for disbursement as they get quick disbursement from private banks.

In order to avail the least home loan rates available in India, my FIL applied through SBI Rajajinagar branch, Bangalore. Yes we finally got the loan as of March 2010. But, we had applied way back in October 2009. It has been a nightmare so far, supplying numerous updates of legal documents, tax papers, and house plans, etc. so far, not to mention updates of salary certificates for loan paying eligibility. They kept us hanging every week saying, " board revision, legal revision, main office is looking through papers, and even meeting with Gen. Manager, Bangalore." After running from pillar to post, my disheartened FIL even asked them to return all our papers saying that we will go through Canara bank. What do you know, they literally begged us to be patient for one more week and gave us the loan! We were assured that it is the usual red-tape lag time. They also told us that RBI is forcing them to hand out home loans by Mar 31, because there are not many takers thanks to the recession. Still, I am not so sure what paid off whether it was the threat that we did not want their loan or our patience!

Dear All,
We are also facing same problem. We have applied on 20th Jan 2010 and till 5th April 2010; I have not received the loan. We made the great mistake selecting SBI for Housing Loan.
There is lot of communication gap and their computer system and work culture is horrible. No system, no ways. At RACPC Pune it is challenge to find specific officer.

My sister in law is facing a hugh problem with one person called Akhilesh in processing department .He has insulted her on many occasion and has been extremely uncooperative. My brother alongwith his wife had applied for loan which my sister in law alone was to in May 10 .Unfortunately my brother expired while loan was being processed therefore my sis in law went to inform about his demise and said she would take complete responsibility for repayment. For this extremely insensitively he replied that your dead husband has to come to signed .She was shocked to get a reply from such a reputed bank official. It is shameful that the loan applied that too for mere five lakhs has not been processed till to date 20 Aug 10 . Dealing with such irresponsible people is disgusting.

hi,
I have home loan with SBI at time of dissbusment the bank has offer me rate of intrest 8% in 2009 immediatly after one year Bank has started rate of intrest 12%n without any information.

I request number of time to RACP for details but no infformation.

My Account number is [protected]
Contact : [protected]

I also have experienced the irresponsible behavior of these people at RACPC on many occasions and you can not escalate it to higher level because no one cares for the customer there.

I very strongly feel that the people at SBI home loan are bribed (right from top to bottom) by other financing institutions for providing such a lousy service or not doing their work. If they provide good service like other private institutions, who would like to go to private banks because the rate of interest is and other service charges and processing fees are attractive here at SBI. Just think about it and you would agree what I am saying

I strongly agree that the people in the SBI RACPC Pune are so irresponsible and arrogant. I have taken a home loan from SBI. I have worst experience, they have already debited the final amount to my loan account and charging the interest on it, though the actual amount is not credited to the builders account. They are not picking up the calls. I am really frustetehd of this. We all together have to do something on this. Because there are so many SBI customers having same kind of problems with the SBI staff.

sir i have given file for home loan in nasik branch on 25/12/2010 . but when i asking from bank person he asying it is under prossceeing . sir pls reply fast when it will desbursed the amount thanks from
santosh g dialani

Dear sir
please send my repayment schedule for the period march 2011 to 20 years towards.My home loan a/c no. [protected], Ravindra Mishra i-421 beta-II
Greater Noida Gautam budh nagar U.P. My email id [protected]@yahoo.com my contact no. [protected]
thanking you sir

dear sir
i am prachana patil i had applied for home loan in sbi erandawane branch in month of feb still(july) bank nt call me for agreement . builder torcher us for disbusment and bank agent amit pasalkar even nt pick up my phone so i unable to know status of my home loan. i m out of pune so uable to go to branch office and branch phone is also nt responce by bank employees, its very mentally torchered process..sbi nt give proper response to custmer i am helpless naw. pls. take action my email id is [protected]@gmail.com no-[protected]