Allahabad Bank, Ambala Cantt
Refusal of Education Loan & providing wrong information

Sir/Madam,

The branch of Allahabad Bank at Nicholson Road, Ambala Cantt refused us to give an Education Loan of Rs.7 lac. My daughter has been selected at Amity, Noida with which Allahabad Bank has a tie-up. But, the Loan Manager Mr. R.K. Barara of Ambala Cantt branch refused not only for the loan but also about the tie-up. It is mentioned on there website that for loan from 4 upto 7.5 lac only co-obligation is required, no morgage is required. He told us to morgage any property but we do not have any. We also asked him if he could sanction a loan of Rs.4 lac, but he refused for that as well. Sir, i would also like to bring this to your notice that it is my salaried bank.

Company: Allahabad Bank, Ambala Cantt
Country: India

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