Corporation Bank — non approval of corpshelter loan without any valid reason.

Sir/ madam,

I, myself mrs. Flavia pereira and my husband have been trying to get the corpshelter scheme for the past nearly two months. After completing all legal matters and even evaluating our property (Lawyers and evaluator recommended by the bank), we were denied the loan scheme. And the email sent to the manager, of which i got a copy to myself, states that the approval was not considered favourably. On asking the branch manager mr. Joseph rodrigues for a reason as to why the loan wasn’t approved, he said that the bank stopped the scheme and told us to try state bank of india. On further contacting mr. Giridhar kamath k who has disapproved the proposal also said the same. Stating that the bank is going at a loss and has stopped the corpshelter scheme. But on contacting the head office at mangalore and speaking to the retail department mr. S. K. Rawat, he assured us that the corpshelter scheme is still available at the bank as of today the 5th of november 2018. And he also advised me to write a mail to [protected]@corpbank.co.in.

I and my husband are both senior citizens and have been with corporation bank dandevaddo branch for the past 30+ years. Our whole family had accounts there which include nre accounts as well. My husband had an nre account till he retired. Being such an old customer we have to go through something like this which seems like a fraud. We wanted to avail of a amount which is much lesser to even 45% as stated in your clause online.

I would want you to look into this matter at the earliest and give me some positive response. This is no way to treat senior citizens who have been associated with your bank for decades.