Maauli
Delay in car loan

Dear Sir/Madam

My Self Vasant C. Sawant had submited an application for a car loan of 3.5lakh on12th March. I got my papers verification acknowledgement on 22nd of march. Then till 31th march sbi have done 2 to 3 times residence verification (by phone and 1time a person came home name ghadigavkar) and 1 time office verification (a person came to each of the loan appllicants office).

ON 31TH MARCH MR. RAKESH HAVE TOLD US TO GIVE SOME UNDERTAKING AFTER WHICH HE PROMISED US TO SANCTION AND GIVE THE RESPECTIVE LOAN AMOUNT WITHIN 2 DAYS (48 HRS). MY SON HANDED THE UNDERTAKING LETTER ON 31TH MARCH ITSELF AT THE SHAYADRI BRANCH.

BUT TILL TODAY (6TH -7TH APRIL) I HAVE NOT GOT THE CAR LOAN.

HOW MUCH TIME DOES IT TAKE TO SANCTION AND GIVE A CAR LOAN OF 3.5 LAKH. DOES IT TAKE A TIME PERIOD OF MORE THAN 24 DAYS TO GIVE A CAR LOAN AFTER ALL VERIFICATION

NOW, I WANT THE REPLY WITHIN 24HRS THAT WEATHER SBI IS GIVING ME THE LOAN OR ON (JUST YES OR NO).

HOPE SBI WILL NOT SAY NO AS WE ARE THE ACCOUNT HOLDER FROM MORE THAN 15 YEARS