[Resolved]  State Bank Of India [SBI] — release of sanctioned education loan for foreign studies

Address:

Bangalore, Karnataka, 560027

I had applied loan through global ed-Vantage Scheme for abroad studies. My loan is sanctioned and it's been 15 days since property worth Rs. 3.5Cr has been mortgaged and 18 days since I submitted request letter for release of amount with bills. The chief manager of sanctions, Sudarshan at racpc Lalbagh b'lore is very rude and has misplaced my request letter and has been lying constantly that it'll be done. Today he's shouting at my father that he was calling him at night 12 am. I'm about to departure tomorrow and he's searching for my files today even though I've been approaching him everyday to release the amount. The AGM of the branch, Mr. Manjunath is equally rude. He heard him shouting and told him not to encourage student loan and concentrate only on home loans. This is the worst bank and the worst attitude. And this is a very serious issue and I want to take strict action against the so and so person. Please make sure my complaint reaches them so that they won't trouble anyone in the future like this.