Inconsumercomplaints.com » Business & Finance » Review / complaint: INDIAN OVERSEAS BANK - Efusing to give a higher education loan | News #325325

INDIAN OVERSEAS BANK
Efusing to give a higher education loan

Respected sir: I am studying M.E in noorul islam university at kumaracoil, kaniyakumari dist, I had been applied for higher education loan on Indian overseas bank at dohnavur (1379) on 07 october and the branch manager told that he will give loan with in month based on that I was paid my first semester fees and continue my study . but later on the branch manager asked me to deposit 2 lakh rupees as a surety but Iam not able to deposit the amount which the branch manager require. moreover my father have an account with same branch SB/AC 3905 . then iam frequently met the branch manager regarding my education loan but he told me to go tirunelveli regional office based on his advise I went to tirunelveli regional office and met Mr. CHANDRA BOSE who is the education loan sanction officer . he review my application which was in his table and he told me that he will give me the loan with in a week . i was waited over month but iam not got any response from them. then I went to dohnavur branch and asking the branch manager regarding loan he told that IOB will not give loan for PG course (M.E) they will give loan only for UG (BE)

If the bank will not providing the loan for PG then why he received my application form.

Please advice me how can I get the loan to complete the study.

Please take necessary action and get me education loan soon. Please help me to continue my study

Your faithfully

v.p srikanth


Company: INDIAN OVERSEAS BANK

Country: India

Category: Business & Finance

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