Bank Of Baroda — Education loan was sanctioned but amount not disbursed from the bank till date

saikatmitra

from Bhubaneshwar, Odisha

Jun 29, 2017

Address: Kolkata, West Bengal, 700013

We have a shavings account in Bank of Baroda Dharmatalla branch, Kolkata-700013, account no. is [protected]. We have applied for a education loan for my son of Rs 15 lac for his higher study at Canada. The loan was sanctioned on 30/01/2017 by the bank and we have deposited 7 lac FD, eight Insurance policy and Land Deed as co lateral security against the loan amount of 15 lac. We have already paid Rs 408218/- of 1st semester fees and Rs 340560/-(part) 2nd semester fees to the college till date from our own pocket. Payment receipt by the college of 1st semester already submitted to the bank by us.
After several reminder through mail bank has not yet disbursed not a single money till date.
My earnest request please look int the matter and do the needful
Regards,
Saikat Mitra
Madhumita Mitra

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Bank of Baroda customer support has been notified about the posted complaint.

Jun 29, 2017

Updated by saikatmitra we have a shavings account in Bank of Baroda Dharmatalla branch, Kolkata-700013, account no. is [protected]. We have applied for a education loan for my son of Rs 15 lac for his higher study at Canada. The loan was sanctioned on 30/01/2017 by the bank and we have deposited 7 lac FD, eight Insurance policy and Land Deed as co lateral security against the loan amount of 15 lac. We have already paid Rs 408218/- of 1st semester fees and Rs 340560/-(part) 2nd semester fees to the college till date from our own pocket. Payment receipt by the college of 1st semester already submitted to the bank by us.
After several reminder through mail bank has not yet disbursed not a single money till date.
My earnest request please look int the matter and do the needful
Regards,
Saikat Mitra
Madhumita Mitra