Dear Administrator,

I am doing MBA from Gurgaon so applied for education loan in PNB by Online and as well as personally by visiting the PNB branch.
I am visiting the bank from last one year for loan but they are not sanctioning my loan. The manager is giving daily excuse that today we are not having time, Today Assistant manager is on leave, your father is not available at here, there is no family member in your from Government servant, you have not got sufficient marks in your schooling, your village is not in our under, it is out of our area, etc.
The Branch Name is Punjab National Bank Naguri Gate Didwana (Rajasthan) online education loan (vidya lakshya purti) sanction serial no.-11957. Date-2008-09-21
I have completed my 1st year and now I am not able to pay my fees. Please help me out from this trouble otherwise I have to leave my MBA before completing.
Regards
Abdul Rahman Khan
Village Nimbi Kallan post Nimbi Khurdh
Tehsil Didwana, Dist Nagaur (Rajasthan)
Mo-09911347609

My daughter Joined Her I'st Year B.Tech (Bio_Tech) at Tamilnadu Agricultural University. Wehad applied for Education Loan during July 2009 through SBI,TNAU Branch,Coimbatore. We have made payment for her I'st Semester Fee. Meanwhile on contacting bank, they have informed us that EDUCATION LOAN Sanctioned to us to the tune of Rs 2,26,000.00. We [myself and my daughter] had signed all the Bank Paper,agreement dated 05.10.09. But still we have not received any amount even the FIRST semester Fee [which we had paid on our own]. Whenenver we tried to contact the staff of RACPC,SBI coimbatore that Gentleman informed that within next 2 days that 1'st semester fee would be reimbursed and credited into our accounts opened in their own Bank. But still that 2 [two] days not yet come. KINDLY HELP US TO RESOLVE THIS PROBLEM . UNiversity announced their 2'nd semester Term Fee also with deadline. KINDLY HELP US TO RESOLVE THIS PROBLEM
Candidate Name: KEERTHANA.P
Parent Name: PRABHAKARAN.S
cOURSE joined : B.TECH-BIOTECH -TAMILNADU AGRI.UNIVERSITY,COIMBATORE
Loan sanctioned letter no: RACPC/EL/663/SLI/09-10

resp sir ,
i applied for the edctnal ln for mba in december 2009 at shibpur branch howrah west bengal ph-03326881877bank no. they said u will get not to worry .days passed they u will get soon it is in the proces. now iits 6 jan and my college is strting on 10 jan. now thy r sying that as we r hving legal matter wth the cllg frm august we cnt gve u the loan . if there is legal matter y they acpted my applctn. i am in a do or die stution pls heelp. mrover othr stdnt got the loan frn pnb and sbi fr the sme college.

To,
Honarable Ministry of Finance
Delhi



Respected Sir
I am Prabakaran K from Dharmapuri, Tamil nadu . My family background poor and father working in cooli. Now i am studying B.Ed at Sri Ramakrishna Mission Vidyalaya college of education ,Coimbatore Tamil nadu. I approach bank manager of IOB bank –Hanumantheertham ,Krishnagiri –Dt (Tamil nadu) regarding Education loan (7 times) Not respect to me. Still not get the Bank loan application form. I’m first graduate of my family. So, I kindly request you to arrange the bank loan for studying B.Ed. If not get the bank loan my studies discontinue.
Kindly arrange for the same.
Thanking you
Regards
K.Prabakaran.

Bank Details:

IOB bank –Hanumantheertham

Krishnagiri –dt

(Tamil nadu)

My Details are given below.

Name: K.Prabakaran

Course: B.Ed Maths

College: Sri Ramakrishna Mission Vidyala college of Education Coimbatore Tamil nadu.

College fees: Rs.33,500 only

Period: 1 year.(2009-2010)

Address:

Prabakaran. K

S/O Kuppusamy

Sattaimyampatti(VIL)

Poyyapatti PO

Harar-TK

Dharmapuri-DtPIN:636906

Ph: 9943089023

Tamil nadu

It is for the bank to decide whether loan should be provided or not, forum can not give any direction that a particular person be given loan.

pickin BRIBE from customer to sanction education loan!!!

SIR i've applied education loan through HDFC bank, about 2 months ago,against fixed diposits of 11lakh 15thousands for 10laks,,for higher studies abroad,,firstly about half a month they keep on misguiding us( MR.TYAGI) from ludhiana branch that u may get loan over ur property,,den this option cancelled later den afterwards dey told us dat u may get loan upto 7laks over ur salary n rest u've to get 4laks fds submitted to d bank,,den later dis vs cancelled ,vis an xcuse dat v wont do on 2 securities,den afterwrds dey keep on bluffin dat u'l get 100%loan over ur fds,,which is not possible through any bank,,afterwrds dis was all done by the agent named ms. HEMA BRARA a very renowned C.A company,n was commanded by mr.tyagi,,nw they told us we 've submitt our processing fee for loan in the concerning branch which is only 11030rs only n they told us to submitt fifty thousand as the processin fee,,but not required by the bank,,n shes the mediator for mr.tyagi[manager of the branch]for bribe,,n they are making exuses every day dat letter is nt signed ,goin to sighn dis n dat.....v people are sufferin only,,did a damn mistake to choose hdfc!!!and infact there is nothing hidden becoz ma father is on central govt service so nothing is impartialll!!!guide us vat to do!!!

Originally Posted by Unregistered

pickin BRIBE from customer to sanction education loan!!!

SIR i've applied education loan through HDFC bank, about 2 months ago,against fixed diposits of 11lakh 15thousands for 10laks,,for higher studies abroad,,firstly about half a month they keep on misguiding us( MR.TYAGI) from ludhiana branch that u may get loan over ur property,,den this option cancelled later den afterwards dey told us dat u may get loan upto 7laks over ur salary n rest u've to get 4laks fds submitted to d bank,,den later dis vs cancelled ,vis an xcuse dat v wont do on 2 securities,den afterwrds dey keep on bluffin dat u'l get 100%loan over ur fds,,which is not possible through any bank,,afterwrds dis was all done by the agent named ms. HEMA BRARA a very renowned C.A company,n was commanded by mr.tyagi,,nw they told us we 've submitt our processing fee for loan in the concerning branch which is only 11030rs only n they told us to submitt fifty thousand as the processin fee,,but not required by the bank,,n shes the mediator for mr.tyagi[manager of the branch]for bribe,,n they are making exuses every day dat letter is nt signed ,goin to sighn dis n dat.....v people are sufferin only,,did a damn mistake to choose hdfc!!!and infact there is nothing hidden becoz ma father is on central govt service so nothing is impartialll!!!guide us vat to do!!!

Dear Customer,

We would like to apologize on behalf of the branch officials for the inconvenience they caused you over your education loan. We would also like to investigate your complaint further, and check if you are eligible for a loan from our Bank. Request you to write to us@at talktous@hdfcbank.com with your account number, application reference number and your contact details.@Please mention the id TTU00020717042010 in the subject line of your email. As soon as we receive this information, a bank representative shall contact you.

Regards,

Customer Assistance, HDFC Bank

I have recently heard that the interest for education loan was cancelled in tamil nadu.Is it true.Please advise.

Respected Sir/Madam,

I have approched the Canara Bank at Choolai Branch for my Education Loan for the Last year on the 1st week of june,they told that to come and check with them in the month of august ,at that time new manager was appointed for the concern Post,he told that he has joined now so he was not in the position to give the clear informations about my issue, so he told me to come and meet him next week,when i checked with him in the 2nd week of august they told all process has been come to an end,i was really upset about that and i have taken a money from Finance company.

In this year once again i am tring with them,but i am not getting any proper response,why i am getting the proper response.

Kindly help me out on this i just want to what is exactly happening there.

Thanks and Regars,

S.Revathy.
9884881080.

SUB : HDFC Bank Education loan re-booking pending since last 1 year.

Dear Sir/Madam,

I had applied for an education loan of Rs 98,000/- from HDFC Bank to pursue a certificate program in management from IIT Bombay in September 2008, which was approved by the bank. The total loan amount of Rs 98,000/- over a re-payment period of 24 months for the program was allocated as follows:

1) Program Fees - Rs 78,000/-
2) Campus Classroom session Fees - Rs 20,000/-.

However, the Demand Draft for the campus classroom session was retured by the institute on account of the DD having crossed the expiry date in April 2009. I duly submitted the original Demand Draft to the HDFC Bank in order to reduce the loan re-payment amount. The details of the DD submitted back to the HDFC Bank is as follows:

1) DD Number : 004077
2) Date of Issue : 23/10/2008
3) Ref Number : 035913005370
4) Payee : THE REGISTRAR IIT BOMBAY (CEP A/C).
5) Bank Branch : HDFC Bank LTD, SAHAKAR NAGAR, PUNE 411009
6) Amount : Rs 20,000/-

However, I was given two options as follows:

1) Reduction of Rs 20,000/- from the principal amount and subsequent reduction of the re-payment duration in months.
2) Re-booking of the loan to adjust the loan amount to Rs 78,000/- to adjust the EMI for this amount and receive the extra Rs 961/- I have been paying to HDFC Bank in the form of a cheque.

I filled the documents necessary for the education loan re-booking at the HDFC Bank and submitted to the manager in charge of this a year ago. However, the documents when forwarded to the concerned department for re-booking discarded my documents for reasons which I was not made aware of. Inspite of repeated follow-ups with the Bank and the concerned "Re-booking department", I have still no clue on why the re-booking was not approved.

Now, I have asked to fill documents to apply for the loan re-booking again, which is subject to the "Re-booking" department for approval. I have been diligently paying an EMI of Rs 4659/- every month without fail for the past 20 months. Since only 4 months of my loan re-payment duration is remaining, I have placed a formal request to the HDFC Bank to reduce the remaining amount of Rs 20,000/- with the DD amount of Rs 20,000/- I returned to the bank a year ago.

Inspite of repeated follow-ups and e-mails to the Bank, I still do not have any clarity if the unused loan amount of Rs 20,000/- will be reduced from the remaining re-payment amount or if the HDFC Bank will return the extra amount of Rs 961/- I already payed for 16 months.

Please suggest me a viable solution as I have been following up with the HDFC Bank on this for the past 1 year. I am disappointed with the service HDFC Bank provides to customers who diligiently pay EMI's and still stand to lose because of the the Banks service.

Vivek Nair.
vivek.b.nair@gmail.com

Originally Posted by Vivek Nair

SUB : HDFC Bank Education loan re-booking pending since last 1 year.

Dear Sir/Madam,

I had applied for an education loan of Rs 98,000/- from HDFC Bank to pursue a certificate program in management from IIT Bombay in September 2008, which was approved by the bank. The total loan amount of Rs 98,000/- over a re-payment period of 24 months for the program was allocated as follows:

1) Program Fees - Rs 78,000/-
2) Campus Classroom session Fees - Rs 20,000/-.

However, the Demand Draft for the campus classroom session was retured by the institute on account of the DD having crossed the expiry date in April 2009. I duly submitted the original Demand Draft to the HDFC Bank in order to reduce the loan re-payment amount. The details of the DD submitted back to the HDFC Bank is as follows:

1) DD Number : 004077
2) Date of Issue : 23/10/2008
3) Ref Number : 035913005370
4) Payee : THE REGISTRAR IIT BOMBAY (CEP A/C).
5) Bank Branch : HDFC Bank LTD, SAHAKAR NAGAR, PUNE 411009
6) Amount : Rs 20,000/-

However, I was given two options as follows:

1) Reduction of Rs 20,000/- from the principal amount and subsequent reduction of the re-payment duration in months.
2) Re-booking of the loan to adjust the loan amount to Rs 78,000/- to adjust the EMI for this amount and receive the extra Rs 961/- I have been paying to HDFC Bank in the form of a cheque.

I filled the documents necessary for the education loan re-booking at the HDFC Bank and submitted to the manager in charge of this a year ago. However, the documents when forwarded to the concerned department for re-booking discarded my documents for reasons which I was not made aware of. Inspite of repeated follow-ups with the Bank and the concerned "Re-booking department", I have still no clue on why the re-booking was not approved.

Now, I have asked to fill documents to apply for the loan re-booking again, which is subject to the "Re-booking" department for approval. I have been diligently paying an EMI of Rs 4659/- every month without fail for the past 20 months. Since only 4 months of my loan re-payment duration is remaining, I have placed a formal request to the HDFC Bank to reduce the remaining amount of Rs 20,000/- with the DD amount of Rs 20,000/- I returned to the bank a year ago.

Inspite of repeated follow-ups and e-mails to the Bank, I still do not have any clarity if the unused loan amount of Rs 20,000/- will be reduced from the remaining re-payment amount or if the HDFC Bank will return the extra amount of Rs 961/- I already payed for 16 months.

Please suggest me a viable solution as I have been following up with the HDFC Bank on this for the past 1 year. I am disappointed with the service HDFC Bank provides to customers who diligiently pay EMI's and still stand to lose because of the the Banks service.

Vivek Nair.
vivek.b.nair@gmail.com

Dear Mr Nair,

We are investigating the matter and we have reverted to your registered email id along with the complaint number- TTU00047410062010.

We would also like to request you not to post sensitive information such as your credit card number on a public platform such as this, as it may lead to your account being compromised.

Regards, Customer Assistance, HDFC Bank

respect sir,
sir i m persuing B.TECH from private engineering college in chandigarh.i want's education loan for study but i belongs from very poor family.my father is shopkeepar and they are not pay income tax so i m in very problem .my college is AICTE approved .now my college not giveing sit in exam so please help ...

Respected Sir,
My name is Sivaprakasam, I am a farmer. My son (S.pandiyan) studying B.Sc., Ship Building and Repair in Indian Maritime University at Kochi Campus. The fee for this course is Rs.6.00 lakhs. So I have applied for a loan of 4.5 lakhs in the canara bank, villupuram branch. I have submitted all the required documents and certificate to concerned bank. But so far the have not sanctioned the Education Loan.

The College administration is not allowing him to attend the classes. Hence, I request you to kindly help me and render the needful to sanction the education loan and to continue his studies
Thanking you in anticipation.

My wife has admissions from a reputed university in London and applied for an education loan with CREDILA. The executive was very confident about the loan and so we did not approach any other bank or institution. I'm a software professional with good financial standing and 10 yr relationship with HDFC bank, the parent organization. After collecting a detailed list of document they used up a week and without any convincing reason like credit card and housing loan dues and rejected the application. Please advice on what options are available to us to raise this for reconsideration.

my friend has deposited fees of two years of tuition fee out of total 5 years of course from his course , now he is applying for remaining 3 years of course but due to some reasons is it possible that after 2 years of study can he get education loan for complete course of 5 years and will the intrest be taken from 3rd year or from first year even if we take loan from 3 rd year. Question is that is it possible or right of a person to get full education loan fees during middle of course i.e fee for completed course and the money he paid in college can be refunded from one side and on other side reimbursed form of education loan can be given to college along with remaining 3 years???

my contact number is +917667901921
vibhorjain18@gmail.com

please reply me as soon as possible including set of guidelines from RBI stating on such topic/issues