HDFC Bank
Pre approved loans

I have a salary account with HDFC, madipakkam branch. They offered a pre-approved car loan of 7.5 lakhs. They called every month in the last one year asking me to take it. Now when I wanted to take it, they refused saying there was some problem with CIBIL.

I GOT A HOUSING LOAN OF 37 LAKHS FROM LIC JUST A YEAR AGO.The EMI of Rs.35, 000 for that loan is cleared thro my HDFC account!!

When LIC could approve a loan of that amount after CIBIL clearance I fail to understand how HDFC can find ways to avoid giving a PRE approved loan.