IOB, industrial loan
Manager reluctant on loan process

Hi,

We have been interested to start the coir industry in our own land near palani. Also we have completed the building and registered with coir board . for the subsequent loan process we aproached the IOB. the field officer visited the site and gave satisfactory report to manager. But the manager is reluctant on the loan to coir board, telling that no one is paying back, so we are not ready to give. Even though we have made all the process perfectly, we are not able to start the buisness. we are waiting for one year.

Please let me know how to escalte this issue in IOB.My email id is [email protected]