Hi,
i have applied for home loan, the SMS in mobile came as your loan is approved but when i have enquired for cheque, the relationship manger scared for the approval of project, but i do n't understand how the loan has been approved unless until surveyed properly.
All the procedure pertaing to all the legal formalities shall be clarify properly to the customer and the Developer prior to pre sanction approval stage, but during disbursement if the developer unable to submit the required documents as desired by bank, then the whole system is shameless and the sales people prorogative to cheating to the customer & then customer will in trouble for follow up of loan sanction at that stage he alredy loose his deposited amount for approval.
So we need to flash out such scandals to be given to the media & alerting to public in big letters ''DON'T APPLY FOR LOANS IN INDIA BULLS''because they are not at all reliable.
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