Indian Bank - Education loan
Reg. Education Loan Rejected

Respected Sirs,

I am Senthil Kumar B Son of Balasubramani K. I have completed my SSLC in 2000 with 60%. Currently I am studying a 3D Animation Course in Arena Animation, Anna Nagar, Chennai.

I have Joined the course in April. The course fee is Rs.1, 54, 425.00 (Rupees one lakh fifty four thousand twenty five only) inclusive of all taxes.

After 6 months of completion (Oct '09) i have applied for a educational loan in Indian Bank, Jari Kondalampartti Branch, Salem District, Tamil Nadu.

One month later, i have received letter from Indian Bank, stating that my loan was rejected.

Immediately i had contacted the respective bank manager, where i have applied for the loan regarding the same.

The manager told that the loan got rejected due to not meeting the educational qualification.

But in the Indian bank circular regarding to giving loans to arena Animation, they have clearly mentioned that completion of SSLC with 60% is enough to get eligible for the educational loan.

i wanted to know that, why my application got unsanctioned, when I am meeting all the educational qualification criteria.

Please help me out to get the educational loan sanctioned.

Company: Indian Bank - Education loan
Country: India
State: Tamil Nadu
City: Salem

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