Re: [rti4empowerment] HARASSMENT BY BANK FOR SANCTIONING THE LOAN–OPTION BEFORE THE APPLICANT

Thanks, Shashi Kumar ji. Today, my friend, Mr. Devendra Rai, is meeting the Manager.  He has downloaded requirement of education loan and for a loan of up to 4.00 lakh, no colateral security is required.  In fact, he told me that he applied in August, 2011.and not last month, as I understood.  Now, the Loan Department is insisting onthe proof of payment of fee at the time of admission last year to the Hotel Mgt. Institutte.  Thought, he (Rai) submitted copy of bank draft favouring the Institute and now trying to locate the receipt of the same.  When his son, Mr. Karunakar Rai, is already studing there, why this  requirement? Instead, Bank should have asked present demand by the Instt. for which loan has been applied.    Ununderstandable ways of the Bank.  Unfortunately, Mr. Devendra Rai is not computer savvy to lodge his complaint on-line and reside far away from me.  However, I shall call him to me today to do this for him.    Thanks and regards for valuable guidance and advice.  : --- On Wed, 19/1/11, SHASHI KUMAR.A.R. <rudreshtechnology@gmail.com> wrote: From: SHASHI KUMAR.A.R. <rudreshtechnology@gmail.com> Subject: Re: [rti4empowerment] HARASSMENT BY BANK FOR SANCTIONING THE LOAN–OPTION BEFORE THE APPLICANT To: rti4empowerment@googlegroups.com Date: Wednesday, 19 January, 2011, 10:20 PM Mr. Kalia , Upto four lakhs the bank should not demand for any collateral security for the sanction of loan , If some body asking bribe please report to concerned bank vigilance department and you can complain to CBI Also , It is common the corruption in financial institutions is rampant and it is more than other departments , no body is questioning them , you ask NPA Details of that bank , how much of loan given to defaulters  On Wed, Jan 19, 2011 at 6:27 AM, Sudhir Saha <getsudhir_08@yahoo.co.in> wrote: Dear Mr. Kalia, From your writing it is understood that concerned staff of the bank is expecting something from the applicant . It is better first to approach the Branch Manager then Regional Head office of the bank in details . Every thing should be in writing  not verbally . It also should be confirmed  that requisite papers for loan application have already been submitted in full. Hope this may give some soluion . yours truly ,  Sudhir Saha From: nripinder kalia <nnkalia@gmail.com> To: rti4empowerment@googlegroups.com Sent: Tue, 18 January, 2011 9:19:42 AM Subject: Re: [rti4empowerment] HARASSMENT BY BANK FOR SANCTIONING THE LOAN–OPTION BEFORE THE APPLICANT Dear friend, Let us file RTI application questioning about the working on such requests and asking the daily progress report. Sicerky your's, N.N.Kalia On 1/17/11, M.K. Gupta <mkgupta100@yahoo.co.in> wrote: > > HARASSMENT BY BANK FOR SANCTIONING THE LOAN–OPTION BEFORE THE APPLICANT > > My friend has applied for an education loan of Rs. 4.00 Lakh from Bank of > India about one month ago.   His son is doing B.Sc. in Hospitality and > Catering Technology from the Institute of Hotel Management (Recognized) > Lucknow which is under Ministry of Tourism.  Till date the bank has not > sanctioned the loan and asking one paper after the other.  He told me that > there is no rigid formality for the loan up to 4.00 Lakh and it appears that > the loan sanctioning staff is expecting something before they sanction the > loan.  The responsibility of repayment of loan will rest on his son after he > complete the course.  He also told that other students have already taken > the loan up to that amount from other banks without much hassle and paper > work. > > The last date of payment to Instituted is 24th and in this short duration, > What is the best option available to the applicant? The issue may not > directly be linked with RTI discussion but the suggestions by the members > will definitely help him and others. This is the question of one's career. > > >