Propelld — Regarding closure of my loan through Proppelld

Address:1st Floor, No: 1614/1615, Enzyme 7th cross, 19th Main Rd, 1st Sector, HSR Layout, Bengaluru, Karnataka 560102
Website:www.propelld.com

Hi, My Name is Ashwathi I have opted for pursuing PG program in Data Science and Machine Learning and Data Science on Jun 18th 2023 (User Id: [protected]@gmail.com and registered Mobile No. [protected]) . For the entire tenure of the course Intellipaat quoted a total amount of Rs. 1, 35, 000/- (Rupees One Lakh Thirty Five Thousand Only) as the course fee, when i informed them about my financial incapability to raise such a big amount in a short amount of time they suggested me approach Propelled NBFC to obtain a education loan. As suggested by them I approached Propelled NBFC ( Loan Account No.: PRP320547) they conveyed their willingness to disburse the above quoted amount. On Jun 21st I received an offer letter from Mangalore University for pursuing Ph.D in Physics, considering the long standing credibility of Mangalore university and the negative reviews online of Intellipaat on their lackluster I sent an email to intellipaat on Jun 21st 2023 to cancel my admission. However they were reluctant to cancel my admission fee. When I approached the Propelld NBFC regarding closing my eudcucational loan even their approach was that they can't close the loan. Aggrieved by this I sent another email to Intellipaat regarding my concern and they gave me an option to find a substitute student or to pursue the same course on the next academic year. I am in dilemma now. On every month the NBFC is deducting the monthly term for my educational loan. I am a student and is in not a position to pay such a huge amount for the course that I have never attended nor attained any benefits. Hence this hon'ble Forum maybe pleased to direct the Intellipaat Institution to cancel my admission and to close the educational loan.
Also loan is not closed and I am getting charged for bank return charges and option given by Intellipaat is pause for 1 year and continue thereafter which is not helping me. Because I don't want to continue
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    1st Floor, No: 1614/1615, Enzyme 7th cross, 19th Main Rd, 1st Sector, HSR Layout, Bengaluru, Karnataka 560102
    India
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