Karnataka Bank — Customer Service Loans

Address:

Karnataka Bank Limited, Virugambakkam, Reddy Street, Chennai 92

This bank is one of the most lethargic bank and wonder how they are given the approval as a bank. They do not provide loans even for Rs. 1 - especially the Reddy Street branch in Chennai Virugambakkam. The manager is so knowledgeable that he cannot even sanction Rs. 1 as loan to traders and MSME registered units. The Govt clearly says to provide support to MSME's - this branch manager feels that the Govt policy is flawed and they cannot give loans without security or collateral. What a great bank and customer service.