Hi,

I have applied for a home loan with IDBI bank recently. I have provided all the required documents and fees to them. My CIBIL score is also good and there no case of default in my CIBIL report. Score is 780. But I dont know why IDBI bank has rejected my loan application without any clarifications. They told me that they have doubt on the repayment of my Personal Loan which I have taken from barclays finance two years back. I have provided them all the documents related to that loan like NOC, account statement, foreclosure letter, payment receipts and Bank statement of the account from which EMI were debited through ECS. I dont what they want from a property buyer. I waited for long to buy a flat now when I booked the same they pushed me back to cancel my booking. I dont know who have empowered them for this harassment. I cant go to some other bank as that project is approved only by IDBI bank.

Dear Sir, please look into this.

Prashant