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

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.