| Address: Ahmedabad, Gujarat, 380013 |
I have applied for loan at sector 17 union bank of india on 1st may 2017 under startup policy. My dipp recognition certificate no. Is dipp118 (www.startupindia.gov.in. at that time mr. Navinkar, chief manager with 2 collages, and show the demonstration of one of the project and with proposed leased factory at sector 25 gidc gandhinagar and meet with owner.
After 2 months, mr santosh how was transfer in place of mr. Navalkar. He assured to verbal for approval of loan amount, to whom i resubmit my startup loan application along with relevant documents. I follow up for 3 months but no response from the branch.
When i vested again, new chief manager mr. Anand baber, in spite of nos. Of visit to bank and request for status, no response to my application.
Beside this i call nos. Of time the regional office, inspire of asking the statue for loan, there was no response till date.
Due to delays from bank, i and my company have to suffer a log. We were not able to payment the vendors in time, my personal life was disturbed, we had lot of humiliation and injured the reputation of mine.
I would like to have penalty for what the bank has delay in giving the status of startup loan, the company have suffer a lot.
Beside being as chartered engineer and member of world energy council,
The bank have not given the dignity for the post, which is self explainery.
Banking code says, the status of loan as per rbi, sould be max. 1 month of application.
Union Bank of India customer support has been notified about the posted complaint.