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Complaints Regarding Education Loans to Students

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..... Complaints Regarding Education Loans to Students - News and Press Release Dated:- 1-12-2012 - News - Press Information Bureau Government of India Ministry of Finance 30-November-2012 17:53 IST Public Sector Banks had during 2011-12, received 5199 complaints in education loans, including those of denial of loans, out of which 5190 were disposed of and 9 were pending. Complaints r .....

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..... egarding educational loans, as and when received by the concerned banks are taken up for corrective measures. Bank-wise details are as under: S.N. Name of the Bank No. of applications Received Disposed of Pending 1. Allahabad Bank 22 22 0 2. Andhra Bank 11 .....

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..... 11 0 3. Bank of Baroda 33 33 0 4. Bank of India 30 30 0 5. Bank of Maharashtra 8 8 0 6. Canara Bank 117 108 0 7. Central Bank of India 174 174 0 8. Corporation Bank .....

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..... 27 27 0 9. Dena Bank 6 6 0 10. Indian Bank 217 217 0 11. Indian Overseas Bank 39 39 0 12. Oriental Bank of Commerce 19 19 0 13. Punjab Sind Bank 2 2 0 14. Punjab National Bank .....

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..... 148 148 0 15. Syndicate Bank 63 63 0 16. UCO Bank 24 24 0 17. Union Bank of India 23 23 0 18. United Bank of India 4 4 0 19. Vijaya Bank 4 4 0 20. State Bank of India 4076 4 .....

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..... 076 0 21. State Bank of Bikaner Jaipur 27 27 0 22. State Bank of Hyderabad 0 0 0 23. State Bank of Mysore 0 0 0 24. State Bank of Patiala 12 12 0 25. State Bank of Travancore 106 106 0 26. IDBI .....

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..... Bank Ltd. 7 7 0 Total 5199 5190 9 Source: PSBs The Model Educational Loan Scheme of Indian Banks Association aims at providing financial support from the banking system to meritorious students for pursuing higher education in India and abroad. The main emphasis is that a meritorious student, though poor, is provided with an o .....

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..... pportunity to pursue education with the financial support from the banking system with affordable terms and conditions. This information was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to a question in Lok Sabha today. * * * DSM/RS/bs - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia. .....

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..... com - TMI - TaxTMI - TMITax .....

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