No colteral – student loan in india ?
i made my life miserable. i needed a loan for my daughter from PUNJAB NATIONAL BANK at Meerut. It negated my daufgter not being a domicile of UP ( Meerut ). I approached SBI at Sec’bad . After several round of quallel i was given a booklet containing appl form. Documents reqd needed a several round travels to and fro Meerut where i was employed.
Then i was posted to Sec/bad . Aapproached PNB once again. they asked for documents which were nothing but considered colateral ( less than 4.5 lakhs ). the y wanted a joint account, they wanted asset verification, they sent their inspector physical verification of the immoveable assts of the student parent. IS it not the violation of the extreme level .
To whom should i complaint as the anti poor procedures is meant to deny the needy . it is like oiling the already well oiled machines.
pl forgive me for the typographical mistake- it’s colateral.
There are two sources for student loans — the federal government and private lenders. In order to obtain most federal student loans, you will first need to file the Free Application for Federal Student Aid (FAFSA). In mostyou can combine all of your eligible federal student loans into one loan with a Federal Consolidation Loan. Consolidating also locks the interest rate you pay on your loan.
