SBI-HL- Sanction letter status

[ved Kashyap]

Let's keep tab on the sanctioning process from  SBI, I am through with 1 field visit from SBI officials. let's see how it progresses.

Regards

Ved/09811697494

[VS]

Has anyone recieved sanction from SBI till now?
I am clueless as what happened to my application. No verification
(field visit) from SBI officials till now and no intimation about it
either.

Friends, please share if any updates.

Regards
VS

[Pankaj Yadav]

I had submitted my application in first session, verification was done last week at both my residence and office, but sanction has to be deplyed due to some other reason (which I kind of had an idea of), will try to submit those papers next week when they are available to me :)

thanks
-Pankaj

[manish goel]

Dear All,

I got the sanction letter from SBI today.However the rate of interest mentioned is 10.75%. Does that mean that they have not considered our request for Base rate + 0.25%.

regards,
Manish

[Santanu Haldar]

Dear Manish,

Congrats!.

 As per my talk 15 of 21 (First Camp 10th Sep) application already approved till yesterday evening and remaining will get approved by today or tomorrow. They started communicating through mail today, although your applicantion were approved last week itself. Second camp (17th Sep) applicant's 50% verification already complete. We set a difficult target for SBI SPOC requesting to get approve all (1st + 2nd Camp) before 3rd camp on 1st Oct. Hope for the best

 

 If your loan amount is 75L+ then this figure ok, otherwise raise it an issue.

Applicable rate as per initial offer

1. Less or equal  30L , BR+.25,  i.e. 10.25 % today  

2. between  30L to 75L (including) , BR+.5,  i.e. 10.5 % today 

3. Above 75L  , BR+.75,  i.e. 10.75 % today 

 

Our request for BR+0.25 upto 75L under consideration, not approved yet. Any postive development on this will reflect during actual final contract.

 

[anjan...@gmail.com]

Sbi might have consider the latest revise repo rate. But we have to check with sbi.

Will you share with us, how much percentage of property value they have senctioned to you.

Sent from my Nokia phone

[manish goel]

Hi Santanu,

My loan amount is between 25L -- 75L. Hence as per your mail below rate should have been 10.5% unless they have considered revised base rate of 10.25%.

So this needs clarification i guess.

regards,
Manish

[manish goel]

They have sanctioned ~50% for my case.  But that was dependent on my eligibility. So it will vary from case to case.

regards,
Manish

[anjan...@gmail.com]

Ok thanks Manish.

[RAJAT SARIN]

Attached above are the SBI base rates from their  website

--
Regards,
Rajat Sarin

[Debabrata Ghosh]

It means they have not revised base rate yet and we are getting 0.25% benefit.

 

Thanks,

--
Debabrata Ghosh

Phone-91-9891906053

[manish goel]

This shows that they have not given any concession whatsoever for applying in group. Same rates would have been applicable if i had gone as an individual.

Regards,
Manish

On Wed, Sep 28, 2011 at 3:02 PM, RAJAT SARIN <sarin...@gmail.com> wrote:

[RAJAT SARIN]

Deb

 

0.25 % benefit is being given to all applicants under the Festival scheme ...Read the last line in the file I sent  

--
Regards,
Rajat Sarin

[Santanu Haldar]

Manish,

Mine is 30-75L range and effective rate they have written 10.5% NOT 10.75%(as mentioned in your case). I think we need to get clarification, let us know some other cases as well to conclude.

Santanu 

 

[manish goel]

Hi Santanu,

I Checked again and it is 10.75% only. Should i clarify from Shukla ji or would you take it up?

Regards,
Manish

[Santanu Haldar]

Dear All,

1. There can not be two different rate for same range. 

2. I raised the issue of Manish to SBI SPOC

3. He confirmed it should be 10.5%

4. Manish to receive new mail from SBI

5. I also raise Write effective rate as well as BR + X% which is missing in current letter.

6. Requested to send revised letter

Santanu

 

 

[gaurav magon]

Ved

Please confirm do you get DL from DDA for your LIG flat in Vasant Kunk -

As i have spoken with INDIAN OVESEAS BANK & CENTRAL BANK
they inform me first i need DL for approval of loan.

Please confirm.

Best Regards/
Gaurav Magon

[Debabrata Ghosh]

Rajat,

 

I understood that. Just did not want to mention it explicit. By "we" meant general public only. :-)

--
Debabrata Ghosh

Phone-91-9891906053

[Santanu Haldar]

Dear All,

 

Important Information to note:

 

1. If a person having two properties in his name then there will be additional 0.25% in interest rate, as per SBI it is RBI instruction.

 

2. If the information is evident from two running home loan OR current ITR filing SBI can do little to hide it.

 

Regards

Santanu  

[Santanu Haldar]

To bring further clarity on previous post:

already having two properties, then on 3rd property additional interest rate applicable

Santanu 

[Raman Arya]

but if my parents have property in Delhi and i m leaving in that house. then I think in that case no additional interest rate will apply on me.

am I right ?

regards
raman

[vikas makhija]

Hi Santanu

What I meant from your clarification is , if I have 1 home loan already running in my name prior to this loan, then same rate will be applicable, but if I have two home loans running prior to this loan I have to pay 0.25% more. Can you Please confirm if my understanding is correct

 

Regards

Vikas Makhija

On Wed, Sep 28, 2011 at 10:40 PM, Santanu Haldar <santanu....@gmail.com> wrote:

[Debabrata Ghosh]

Your understanding is correct Vikas.

 

Thanks,

--
Debabrata Ghosh

Phone-91-9891906053

[vikas makhija]

Thanks Debabrata

 

Regards

Vikas

[Sandeep Kumar]

There is new update from SBI for all the people who have applied for
loan in 3 sessions.

This information is only applicable for people for whom the demand
letter are issues already or will be receiving shortly. This doesn't
apply to people who are getting intimation letters saying their demand
letters will be delayed because construction is not yet completed.
Check the status of flats here https://sites.google.com/site/dda2010delhi/information/flat-status-by-dda

1) SBI is NOT issuing sanction letters to allottees who will be
getting demand letters immediately. For the rest who are just getting
the intimation letter they will receive their sanction email from SBI
soon.
2) They are doing this because if they issue sanction letter now they
have to redo the required amount once again in 1-2 week later based on
what is there in demand letter.
3) So whoever is getting their demand letter please send a copy of
those to SBI so that they can get the requisite amount sanctioned
letter soon.
4) Allottees who have not yet got allotment letter and suppose to
receive it soon as per the DDA flat status, should wait for the
allotment letter and as soon as they get it send a copy of it to SBI
so their locan sanction letter can be dispatched.

This is the reason some people got the call from SBI and were told
that their loan is approved but they will not get the sanction letter.
What SBI really mean was that please submit your demand letter copy
and collect the final sanction letter based on amount mentioned in
demand letter.

Regards
Sandeep

[RC]

Dear Sandeep,
I had attached a copy of my demand letter with the documents deposited
originally during the first session. Still I am yet to receive a call
or letter or email from SBI. Do'nt know why?
regards
sanjay wadhwa

On Oct 12, 2:13 pm, Sandeep Kumar <san...@gmail.com> wrote:
> There is new update from SBI for all the people who have applied for
> loan in 3 sessions.
>
> This information is only applicable for people for whom the demand
> letter are issues already or will be receiving shortly. This doesn't
> apply to people who are getting intimation letters saying their demand
> letters will be delayed because construction is not yet completed.

> Check the status of flats herehttps://sites.google.com/site/dda2010delhi/information/flat-status-by...

[Naveen Kumar]

Hi Sandeep,

How to send a copy of DL to sbi?
Do they have any fax number/email where I can send it?
If yes, please let us know.

Thanks,
Naveen

--
Cheers
Naveen Kumar

[Debabrata Ghosh]

I have received my loan sanction email today finally. The loan amount sanctioned is 80% of the property cost excluding registration amount.

 

Thanks,

On Thu, Oct 13, 2011 at 11:15 AM, RC <regiona...@rediffmail.com> wrote:

--
Debabrata Ghosh

Phone-91-9891906053

[Sandeep Kumar]

@ Sanjay Wadhwa and Naveen,

Sent you SBI RAPC email id.

Regards
Sandeep

[ANKUSH]

Hi Mr. Ghosh

Congo !!! and can u tell me hw long it took to get loan sanction
letter after verification ??

On Oct 13, 12:55 pm, Debabrata Ghosh <debabrata.gh...@gmail.com>
wrote:

> Phone-91-9891906053- Hide quoted text -
>
> - Show quoted text -

[Harish Goswami]

To update all, I also got my Loan Sanctioned on 11th October by SBI (I attended second camp).

Best Regards

Harish Goswami 

[vinod kamboj]

Hi All,

 

Please make sure that at the time of documentation with RACPC first you have to arrange and deposit balance amount in yours SBI account. if you are not do the same then they refuse for documentation process.

 

for ex. : if DDA demand is 10 lac and HL sanctioned amount is 6 lac, then you must have 4 lac balance in your SBI account.only then they start documentation process. DDA give you a singly DD/ Chq whatever for full demand amount like 10 Lac

 

the above is not mentioned in SBI HL sanction mail.

 

Regards

vinod kamboj

[Debabrata Ghosh]

Abkush,

 

It took me almost a month. Though they sanctioned earlier, email came later.

 

Thanks,

On Thu, Oct 13, 2011 at 4:00 PM, ANKUSH <kush.s...@gmail.com> wrote:

--
Debabrata Ghosh

Phone-91-9891906053

[RAJAT SARIN]

Thank you Vinod ..this is useful information

--
Regards,
Rajat Sarin

[Pankaj Yadav]

I too received my sanction letter on 12th-October-2011, though the loan was sanctioned on 3rd-October-2011. I had applied in the first session, but there were some delay on my part to arrange all the required documents, so no complaints :)

Now I have some doubts, will be thankful if someone can provide more information on these ...

1. I am required to open an SBI savings account. Do they want an introducer to open a savings account who already has an account in the branch to guarantee me for opening of savings account ?

2. Is the documentation process for SBI is same as disbursement process or these are 2 different things i.e. first we need to complete the documentation and then apply for the disbursement ?

thanks
-Pankaj

[Santanu Haldar]

Pankaj,

If you do not mind to open an account at SBI, CP then visit to the branch where we had loan application session. The chief manager will gracefully open your account take DDA2010 Group reference and say you applied being a group member at first session.  

Regards

Santanu

[Manu Mewari]

dear santanu,

Can we open sbi account in any branch in delhi? i have opened my account in dwarka. is that fine? or i need to open account in loan giving branch?

--
Manu Mewari
Team Lead (Java,J2EE)
LinkEdge Software Solutions
Gurgaon, India
HeadOffice : USA , ChatsWorth

[Pankaj Yadav]

Thanks Shantanu,

 that's really cool. I was trying to get my account open here at Yamuna Vihar branch, but facing too many hurdles ...

1). Just to issue an account opening form, they need all the ID proof, address proof etc...
2). They need an introducer, having account in SBI of at least 6 month old
3). They are giving appointment to open the account. I got date of 31st-Oct-2011 to open my account :O (I was really surprised to see that, I tried telling them it's urgent but they say its urgent for everybody)

thanks Shantanu, I'll try to visit CP branch will required documents and get my account opened there !!!

[Santanu Haldar]

Manu - SBI acount in any branch will do, subject to in the account same applicant(s), same order like 1^st applicant, 2^nd applicant (if any)  and same address as in home loan application.

 

Pankaj - Meet chief manager only, he is branch manager as well. He seats in a cabin, diagonally opposite to the place where we had our camp. If you meet other staff then may get similar experience. The Branch Manager actively participated during our three camps and will certainly help DDA2010 Group members out of the way (if required).  Feel free to call me, if required. 

 

Cheers

Santanu 

[Pankaj Yadav]

Ohhh is the order also important ... ?

In my loan application, I have my wife as the first applicant because she is the allottee. But in saving account (in my local branch - Yamuna Vihar) SBI people are saying that I'll (myself) have to be the first applicant because they want either the Electricity bill or Ration card entry in the name of either applicant or applicants father.
I have the following documents in my wife's address:
1. Marriage Certificate
2. Joint Account in OBC Bank
3. Account in HDFC bank
4. Voter ID card (but along with voter id card they want electricity bill, which I have in my (Pankaj's) mother / father's name).

I really appreciate the efforts put in by you guys (Shantanu / Sandeep), you have been of great help !!!!!

thanks
-Pankaj

[Pankaj Yadav]

Hi Shantanu,

 I corss - checked the mail by RACPC again and didn't find any mention / requirement that the order of joint applicants needs to be same as in loan application. The only requirement seems to be that either there should be a joint account or both applicant and gautunter need to have separate accounts with SBI.

" It is mandatory to have SBI savings bank accounts (Joint OR Separate) of applicant & guarantor; bearing the same address as provided in the application ie C-9/58, Gali No. 9, Kabir Nagar, Delhi-110094. The SBI account needs to opened before visiting for documentation failing which documentation process will not proceed. "

Can you do me one more favour please, can you please let me know the name of the bank manager, you are referring to ...

thanks
-Pankaj

[Santanu Haldar]

Pankaj,

It’s now really irritating…apply common sense.

1.      First of all, I wrote based on feedback and experience one of my colleague who got SBI loan disbursed recently and opted Maxgain. He was categorically asked to do the same, he needed to open an account despite he had an existing SBI account just to meet the criteria, it could be aberration. However, I do not know how each officer will act.  So, communicated in so many words to AVOID ANY FUTURE SURPRISE, especially people who are opening new account for this purpose only.

 

2.      The order is important or not could be a valid question for people who are already having existing joint account and order may be in reverse order. TELL ME HOW IT MAKES ANY DIFFERENCE FOR YOU WHILE YOU ARE OPENTING A NEW ACCOUNT? That part is missing,  

A)     If it is not relevant then why this irrelevant question?

B)      If you are confident then why this repetition?

C)     If you are not confident then what harm and difference it will make if you maintain the order?

As far as posting of individual name of business interest is against my principle, I expressed this view in the past. I had to write 2 line sentences with all clues to communicate you whom you should meet just to avoid posting name. Sorry can’t do it, however I have forwarded his name and phone in your mail id.

Please be appreciative, if you ask a question by name, then other person morally be responsible to answer you otherwise it reflects ignorance or arrogance.  I try to honor and respond questions as much as possible, if it is addressed by name and I noticed it. To make a sensible response it requires time, energy and frame of mind. A senseless question or repetition of the same thing equally irritates me and is reflected in this post.

 I AM SORRY!

Santanu

[Santanu Haldar]

Pankaj,

Furtehr to add, you and your wife succesfully got loan sanctioned by submitting every required documents including Id proof and address proof. I am unable to appreciate to open account why same document set will not work?

Santanu

[vikas makhija]

HI All

Have anybody got sanction from sessions 3 upto now. As our last date of payment is nov 28 and next week will be mainly off , can we push for it  or itleast  check our status of sanction

 

Regards

Vikas Makhija

[RC]

Dear Sandeep/Santanu,
Finally I received my mail from SBI today. Hopefully I should complete
the disbursement process in the first week of November.
No words to express my gratitude.Thanks a lot for ur efforts.
regards
Sanjay Wadhwa

On Oct 21, 2:53 pm, vikas makhija <vikasmakh...@gmail.com> wrote:
> HI All
> Have anybody got sanction from sessions 3 upto now. As our last date of
> payment is nov 28 and next week will be mainly off , can we push for it  or
> itleast  check our status of sanction
>
> Regards
> Vikas Makhija
>

> On Thu, Oct 20, 2011 at 11:19 PM, Santanu Haldar <santanu.halda...@gmail.com

[Ashish]

Dear Sandeep,
I have applied for HL in second session and my loan sanctioned within
2 week inspite of having some difficulty related to loan eligibility.
Thanks for collective bargain!!!!

I got mail from sbi to open ac in same address which mentioned in sbi
loan application. I already have sbi ac in ansari nagar new delhi
branch. Currently I am living in Gurgaon but still I am depositing my
salary cheque in same branch.

Around 3 month back I contacted sbi ansari nagar branch to change my
address to current location (Gurgaon)
but they deny for that considering distance.

What should I do now::

Should I open new ac in Gurgaon?

Or transfer old ac to Gurgaon? but I prefer to keep ac with old
branch

Should I again talk to sbi ansari nagar branch to change address with
loan sanctioned letter as it is simplest way to me solve my problem?

Is it possible to change address to gurgaon for a person having sbi
ac
in delhi?

[Sandeep Kumar]

Dear Ashish,

I have absolutely no idea, but if the address change is difficult,
open a new one for Maxgain.

Regards
Sandeep

[Santanu Haldar]

Vikas (Makija) - As per SBI update (17th Oct) you were the first person from 3rd session to get loan sanctioned.

Santanu

[Pankaj Yadav]

Hi Shantanu,

 I am extremely sorry, If my questions irritated or caused any inconvenience to you by any chance, be assured that was not my intention.

 I was equally irrateted/frustrated to know when I learnt from my nearest SBI branch that my Wife could not the the first applicant in the joint account just because they wanted either Electricity Bill in the name of either Self or Father or name in the Ration card and my wife had none. For Loan they somehow were satisfied with Marriage Ceriticate and Voter ID card. I had already got the form as Myself the first applicant and wife as second applicant (they note it down while issuing the form itself !!!). Moreover I got an appointment of 10 days later to come back for the account opening formalities.

 Not sure if I was the only one facing that much hurdle while just opening an account with SBI !!!

thanks
-Pankaj

[Naveen Kumar]

I got my loan disbursed today, I will advice all to keep the difference money in their sbi account to have a smooth process, I end up making a DD for it.

And one more thing, Taking insurance is not required, I think it differ on case to case basis, it was optional for me & I didn't take it.

We need to pay a cheque of 3750/- as processing fee at the time of disbursement.

--
Cheers
Naveen Kumar

[Sameer Jain]

I thought there is no processing charge.

[Santanu Haldar]

Dear Jagdish Modi,

I am responding your query on status of your loan application here as it is the appropriate thread dedicated for the subject.

 

As per my last talk with SBI representative as on Tuesday i.e. 25^th Oct your application is in RACPC under process state. On Tuesday 3 more applications from  3^rd session sanctioned.

 

If everything goes well, in all probability remaining 10 applications (3 from first session, 1 from second session and 6 from 3^rd

session plus postal applications) will be sanctioned shortly.  The promise is, majority will be sanctioned before coming week end especially remaining 4 applications of 1^st and 2nd  session.

 

On Interest rate subsidy, at this point I am not equipped to respond you, announcement took place yesterday, it may not even percolated at operation level at SBI. It’s important question but we may have to wait for clarity.

 

Regards

Santanu

[Manu Mewari]

i read in newspaper in the morning that sbi has not yet increased their rate of interest. many other banks did not. they have said that they have enough liquidity right now and they will look into the matter if they gotta do it or not.

[abhishek srivastava]

Hi Santanu,

I  have applied for the Loan on 3rd of oct. (one day after the seession,talked with sandeep and given the reference of the group).
actually i m currently in kolkata and was not able to attend the session.
DO you have any information about the status of loan. ( i applied single and loan amount was 8 lac).
and what are the documents required for loan disbursement.
Since i m planning for Delhi in next week so can u help me out.
Please provide the info if you or anybody have in the group.

Thanks in Advance,
Abhishek Srivastava

[Santanu Haldar]

Dear Abhishek,

At this point I do not have access about your application status, I missed it out due to separate application other than 3 sessions. I tried today to get it but relevant people are on leave. I will get your status on early next week.

Santanu  

[vikas makhija]

Hi Santanu

As you mentioned My loan got sanctioned a weeks back but i have yet to recieve any mail/intimation by racpc. SO can you pelase guide me what needs to be done, should i wait for it,or anything else can be done for that as i need to complete further formalities to get disbursement which will further take time and my last date of payment is 28th nov,

 

Thanks and Regards

Vikas Makhija 

[Santanu Haldar]

Vikas,

Just wait till Tuesday. I have been following up almost daily twice during last several weeks. My focus was on session 1 and 2 by applicants and session 3 in general. We got control  over session 1 & 2 except four which will get clear any time.  We will meet them on Sunday and re-emphasize to send scanned copy of the sanction letter ASAP including yours, so that you can proceed for disbursement process.

Regards

Santanu

[abhishek srivastava]

Thanks for paying attention at this...
If you get any info..please let me know.
Thanks for consideration.

Regards,
Abhishek

[vikas makhija]

Thanks Santanu
Please Let me know if you get any further information about that

Thanks and Regards
Vikas Makhija

[Santanu Haldar]

Jagdish (Modi) & Narendra (Rohra) - Finally your waiting is over. Today we came to know at the camp your application is sanctioned.

 

Vikas & Dhanesh - Already sanctioned,   copy will be mailed to you tomorrow,  promised by SBI

 

All Applicant of 2nd Camp - 100% applications sanctioned.

 

Regards

Santanu

 

[Santanu Haldar]

Dear Abhishek Srivastava,

We are able to trace it. It is under verification state, however we have re-emphasized to clear all application with DL with priority, hope for improved state before comming weekend. 

Regards

Santanu

[ANKIT KHANDELWAL]

Shantanu

I also applied in second session but till now I did not get any communication from sbi no letter nothing???

[Santanu Haldar]

Ankit (Khandenwal)'s loan already sanctioned.

 

There are quite a few  applicants where loan is sanctioned but scanned copy not send yet by RACPC (not so efficient dept). Today we requested SBI to send scanned copy of the letter ASAP to all sanctioned applications. I hope few people who have not received yet, should  get it by early part of the next week. 

 

Santanu

[ANKIT KHANDELWAL]

Thanx a lot for d info

[jitendra jain]

A cool Breath till tuesday, I have also applied in 2 sessoion, & got sentioned as per shantanu, waiting only for sention letter.

 

Thanx shantanu to respond on phone also,

 

Rgds,

 

Jitendra jain

[Santanu Haldar]

Updates on SBI loan application Status as on 31st Oct 2011

1. Total Application submitted: 63 including 4th Camp and Postal
2. Application Withdrawn: 1
3. Document incomplete: 2
4. Valid Application: 60 (63 – 1-2)
5. Fourth Camp (30th): 5
6. By Post Today: 1
7. Status under track 54 (60 – 5 -1)
8. Overall Sanctioned: 44 out of 54 status under track, Zero rejection
till date
9. First Camp: 20 Sanctioned out of 21
10. Second Camp: 19 Sanctioned out of 19
11. Third Camp & Postal: 5 sanctioned out of 14 valid (16 – 2
incomplete document)

Expecting sanction letter will be send through mail shortly who have
not received yet
Cheers,
Santanu

[abhishek srivastava]

Hi santanu,

I am little worried. since my last date is 28 nov. and i am not getting any update on this.
my verification completed  on 14 oct in kolkata. From then onwards i didnt get any info. from sbi.
Do you have any idea why it is getting late (any document incompletion ??).
and how much time they can take to sanction the loan and provide the cheque. ( i have heard after sanction we have to take appointment with sbi also??)

Thanks,
Abhishek

[Santanu Haldar]

Abhishek,
You are no more alone you are DDA2010 group member. You have
contributed to demonstrate collective strength of the group, we are
equally responsible collectively to ensure every loan application get
sanctioned and disbursed on time without any adverse impact.

We are very much sensitive about dates, proactively chasing every day
with SBI to expedite remaining cases by name including yours,
especially where deadline is either 28th Nov or 29th Dec.

It is difficult to visualize how much backend efforts are going on to
extract things from diverse and highly regulated organization like
SBI. We are building on bricks by bricks balancing various
constraints. Till early part of last week our focus was to get clear
session 1 & 2 applicants because it was long due. Now our focus is to
get clear all applications where date is either 28th Nov or 29th Dec.

You will get affirmative response very soon.

Cheers,
Santanu

[vikas makhija]

Hi all

I have recieved mail and appointment schedule from SBI. Thanks Santanu for your help. I have a query, they asked me to submit original reciepts, but as i mentioned 1.5Lacs was taken as loan and I have NOC from the bank as well as the DDa acknowledgement but nothing else, Those who have already submitted or got the cheque, Can you please comment what needs to be submit

 

Thanks and Regards

Vikas Makhija

[vinod kamboj]

They required photocopy of the DDA Acknowledgement receipt, original will submit with possession set papers in DDA.

 

regards

[jagdish modi]

hi shantanu,today shailendra informed me dat he hasnt got responce
from their processing dept regarding my sanction status.As per his
advice ,i sent an email to concerned person for it. i forwarded dat
email to moderator. Now i m concerned what to do? can u help

[jitendra jain]

Dear Jagdish,

 

I am in the same boat, Pls. let me know the mail address, where U sent your concern.

 

Rgds,

 

Jitendra jain

[jagdish modi]

Hi Jitendra,

Shantanu discussed with me regarding it yesterday and talked to
Shailendra regarding it also. Hoping to be sanctioned till today or
tommorow by earliest .

cgm.l...@sbi.co.in is the email ID , shailendra gave me to send
email..

I would like to thank Shantanu for taking it.

Thanks
Jagdish Modi

On Nov 2, 8:40 am, jitendra jain <jitendrajain...@gmail.com> wrote:
> Dear Jagdish,
>
> I am in the same boat, Pls. let me know the mail address, where U sent your
> concern.
>
> Rgds,
>
> Jitendra jain
>
>
>
> On Tue, Nov 1, 2011 at 5:05 PM, jagdish modi <modi.jagd...@gmail.com> wrote:
> > hi shantanu,today shailendra informed me dat he hasnt got responce
> > from their processing dept regarding my sanction status.As per his
> > advice ,i sent an email to concerned person for it. i forwarded dat
> > email to moderator. Now i m concerned what to do? can u help
>

> > On 11/1/11, Santanu Haldar <santanu.halda...@gmail.com> wrote:
> > > Abhishek,
> > > You are no more alone you are DDA2010 group member. You have
> > > contributed to demonstrate collective strength of the group, we are
> > > equally responsible collectively to ensure every loan application get
> > > sanctioned and disbursed on time without any adverse impact.
>
> > > We are very much sensitive about dates, proactively chasing every day
> > > with SBI to expedite remaining cases by name including yours,
> > > especially where deadline is either 28th Nov or 29th Dec.
>
> > > It is difficult to visualize how much backend efforts are going on to
> > > extract things from diverse and highly regulated organization like
> > > SBI. We are building on bricks by bricks balancing various
> > > constraints. Till early part of last week our focus was to get clear
> > > session 1 & 2 applicants because it was long due. Now our focus is to
> > > get clear all applications where date is either 28th Nov or 29th Dec.
>
> > > You will get affirmative response very soon.
>
> > > Cheers,

> > > Santanu- Hide quoted text -
>
> - Show quoted text -

[jagdish modi]

Hi Jitendra,

Did you send email regarding it ? did you get any update ?

Thanks
Jagdish Modi

On Nov 2, 10:06 am, jagdish modi <modi.jagd...@gmail.com> wrote:
> Hi Jitendra,
>
> Shantanu discussed with me regarding it yesterday and talked to
> Shailendra regarding it also. Hoping to be sanctioned till today or
> tommorow by earliest .
>

> cgm.lho...@sbi.co.in  is the email ID , shailendra gave me to send

> > - Show quoted text -- Hide quoted text -

[jagdish modi]

Hi Shantanu,

I am still to get sanction letter. I called Shailendra yesterday and
he told me that he is going to send by EOD , but still no email. Now
there is 2-3 days off for SBI. What should I do now ?

[ANKIT KHANDELWAL]

Today morning only I got a call from Shukla ji of SBI that means they are working on Sunday also

[jagdish modi]

Today , I got the sanction letter . I would like to thank Shantanu
and Shailendra ji for their coordinated efforts !!

But I saw in previous conversations , that in sanction letter , ROI
was mentioned ,but in my letter only loan amount sanctioned is
mentioned and it says to call branch to execute the documents for
disbursements !!

Please suggest how to proceed now.

Thanks
Jagdish Modi

On Nov 6, 11:43 am, ANKIT KHANDELWAL <ankitkhandelwal1...@gmail.com>
wrote:

> Today morning only I got a call from Shukla ji of SBI that means they are
> working on Sunday also

> On 6 Nov 2011 07:31, "jagdish modi" <modi.jagd...@gmail.com> wrote:
>
>
>
> > Hi Shantanu,
>
> > I am still to get sanction letter. I called Shailendra yesterday and
> > he told me that he is going to send by EOD , but still no email. Now
> > there is 2-3 days off for SBI. What should I do now ?
>

> > On Thu, Nov 3, 2011 at 2:54 PM, jagdish modi <modi.jagd...@gmail.com>

[Santanu Haldar]

Jagdish,

When RACPC send sanction letter mail they send following four documents as mail attachment

1. A Sanction letter PDF signed by AGM (The most imporant document)

2. A Template of Lien Letter - Just a Template

3. ECS form - Just a Template

4. A Word documemnt, briefing about your application information, rate of interest and process to be followed Instruction etc- Instructions and rate of interest info

 

As I told earlier RACPC is poor in completing this process i.e. sending confirmation mail to applicant well in time despite loan being sanctioned.

 

Person you are in touch base, extracted sanction letter (first document in the above list) from the system and forwarded to you to communicate your loan is SANCTIONED.

 

This implies, it is not signed, which you will ask for on Tuesday  (to provide signed scaned copy). This will be required,  to get your lien letter form acknowledement from  DDA.

Santanu 

[Santanu Haldar]

Dear Abishek,

We have been  following-up with SBI, 5 applications including application of your and Jagdish during last week, where disbursement days are almost knocking the door.

 

Good news is, two out of five already sanctioned on Friday (per SBI updated on Friday evening). Remaining 3, may hear postitive update next week.

 

We  missed to communicate you that as per SBI your loan is now in 'Sanctioned' state.

 

Smile

Santanu 

 

[Santanu Haldar]

Jitendra (Jain)

 

Your application is being in 'Sanctioned' state per SBI update and communicated to you already. However SBI failed to send sanction letter on time as usual.

 

I think you were not at the same boat of Jagdish, you were one step ahead. But today Jagdish is HALF step ahead of you. His loan sanctioned and  got system generated sanction letter but UN-SIGNED, that is why it is HALF not FULL one step. He covered one and half step  : ) .Little lighter statement to make you smile.  

  

On a serious note, your case is already esclated (along with few others who yet to receive sanction letter), at appropriate level of SBI, to ensure you receive sanction letter at the earliest. We are aware in your case, last date is 28th of the month, I am sorry, waiting extended to next week.....

 

Smile,

Santanu 

[abhishek srivastava]

Hi Everyone,

Really its good news for me..Thanks to All of who helped us to reach at this step.
Especially i want to thank Santanu and Sandeep for their tremendous job.

Thanks   and Regards,
Abhishek

[abhishek srivastava]

one more query anybody has any idea that 14Nov,15Nov and 16 Nov SBI and DDA is open??
Since 14 Nov is Bal Divas.(may be holiday for Govt offices)...

Regards,
Abhishek

[Pankaj Yadav]

What's on 15th and 16th Nov, why is there a possibility of DDA and SBI being closed on these days ?

I would suggest all who are waiting on to get the sanction letter and don't yet have an account opened with SBI satisfying the creiteria (like Same Address etc) to proceed with the account openeing formalities as it could be little cubersome and time taking in some cases.

 Also if the loan is sanctioned and you are waiting for the mail, and if you can somehow manage to get the loan file number, please proceed with the lien letter and ecs manadate forms, to save at-least 1 day, these are not time taking processes but still getting them asap will help later to save some time !

my 2 cents ....

thanks
-Pankaj

[jagdish modi]

Hi Shantanu,

I will call Shailendra to get all those documents signed and scanned ,
if possible I will ask him to collect the documents from branch by
visiting as I have weekoff on tuesday.

Thanks
Jagdish Modi

[Santanu Haldar]

Dear All

Whose last date for disbursement knocking the door, loan is
sanctioned and sanction letter received OR not please follow important
post made by Pankaj what you should do to meet pre-requisite and avoid
last minutes surprises as well as rush.

Good one Pankaj. This is the true character of DDA2010 group, it's
unique & different.....members are concerned for each other, proactive
in sharing experiences and helping each other. Great! keep this up.


Santanu

[vikas makhija]

Hi Pankaj

I have couple of questions about ECS manddate form

 

1) Is it to be signed by hte bank from where monthly EMI's to be paid

2) As mandate form has loan account no EMI installment date and date of 1st installment mentioned so before knowing such sections how the bank official will sign it or stamp it

 

Thanks and Regards

Vikas Makhija

[jagdish modi]

Thanks Pankaj for guiding the way !!

I have one query, as i am living in rented house, so as a proof of
address , my salary account bank statement carrying address will be
good enough or any thing else ?

Thanks
Jagdish modi

On Nov 7, 2:53 pm, vikas makhija <vikasmakh...@gmail.com> wrote:
> Hi Pankaj
> I have couple of questions about ECS manddate form
>
> 1) Is it to be signed by hte bank from where monthly EMI's to be paid
> 2) As mandate form has loan account no EMI installment date and date of 1st
> installment mentioned so before knowing such sections how the bank official
> will sign it or stamp it
>
> Thanks and Regards
> Vikas Makhija
>
> On Mon, Nov 7, 2011 at 2:52 PM, Santanu Haldar

> <santanu.halda...@gmail.com>wrote:

>
>
>
> > Dear All
>
> > Whose last date  for disbursement knocking the door, loan is
> > sanctioned and sanction letter received OR not please follow important
> > post made by Pankaj what you should do to meet pre-requisite and avoid
> > last minutes surprises as well as rush.
>
> > Good one Pankaj. This is the true character of  DDA2010 group,  it's
> > unique & different.....members are concerned for each other, proactive
> > in sharing experiences and helping each other.  Great! keep this up.
>

[Sandeep Kumar]

Bank account statements of only Govt banks will work, the statement
will not work if it is from any private bank

Regards

[jagdish modi]

So in that case what other address proof can be provided ?

> > > - Show quoted text -- Hide quoted text -

[vikas makhija]

Hi Jagdish

For account opening following address proofs are taken by SBI

 

1)Passport

2)Ration card

3)Credit Card bill

4)Electricity bill

5)Landline bill

6)certificate from the office duky stamped by HR mentioning your address

Regards

Vikas Makhija

[jagdish modi]

As electricity bill is under name of flat owner , so electricity bill
with rent agreement copy will work ?

[kiran antony]

I dont think they will accept certificate from the office duly stamped by HR..SBI officals require a govt addressproof..For LAndline also they accept only bills of BSNL/MTNL.

 

I did not have any of these.. But when i told them that the same is required for loan and i showed them the sanction letter. Post that they accepted my land line bill of airtel as the residence proof.

 

Regards

Kiran

[jagdish modi]

Vikas,

Can you please make clear on address stamped by HR ?

>  <http://www.goodnesswinks.com/wp/ie.php?plg=ie&subs=gmail&elm=sign>- Hide quoted text -

[jagdish modi]

Will they accept credit card bills also ?

[kiran antony]

yes, if you posess a SBI card..Would advice that you go and meet the SBI guys once..

 

Regards

Kiran

[vikas makhija]

hi all
these are the documents mentioned in SBI account opening form, i opened account on saturday only . you can cross check those documents on SBI website also. they should be there

Regards
Vikas Makhija

[abhishek srivastava]

Hi Santanu,

I also did not get any mail from RACPC and i am planning to come on 14th NOV.
I talked with Mr Shailendra. He told appointment with RACPC is not must.
but the only document that i have is saction letter sent by Mr shailendra.
will it be sufficient to proceed ? or it may cause any problem not having RACPC mail ??
Please suggest.

Thanks in Advance,
Abhishek S. 

[vinod kamboj]

Prior Appointment is must with RACPC, because every evening they make some preparetions like documents related for the next day visitors.

 

You can send any one at RACPC for appointment with a copy of sanction mail.

regrads

[jagdish modi]

Hi, i had a new milestone
today,my sbi account got opened 2day smoothly,thanks 2 shantanu 4
makin it smooth,i gave my hr letter 4 addres proof nd they accepted
due 2 dis group. my next hurdle is wid sanction leter.