Hi,
I have seen reviews of people on this bank who have suffered a lot mentally, physically and in all other ways from this SBI bank so I thought I will also share my pain. I had applied for a home loan in Bangalore branch.
These guys are so pathetic in all dept of service that you cannot imagine it is to that extent and I don’t know even inspite of this how its share price is going up.I applied for home loan with all the necessary documents, then they found one small guarantor is required and returned the file and then after submitting that proof they required one more letter from the lawyer...after that they returned back.like this almost 10-12 times they returned and I had to run all the places to get the documents. and blady just to sign on the paper they will make us wait for more than 2-3 hours and the main part was on the registration day....the bank has released all the amount apart from the last installment and on the registration day they have to bring that and give it to the builder and take the sale deed. BUt these guys didn’t turn up at all and the builder was not ready to register until he gets the full amount. Then again I ran almost 30-35kms in this Bangalore traffic and arranged a city taxi(as that guy was not ready to come with me on the bike) and then registered the flat.
I was so frustrated that it had no boundaries.... they hardly work during the office hours and they pretend they are working and make us to wait and max they work for 1-2 hours whole day and then they say they are tired of hectic work f these type of people come to provate sector then they will be thrown out ion the first hour of their job itself. bootom line is SBI is waste in all aspect.Only thing is that they don’t raise the interest rate like ICICI or HDFC bank .Only for that simple reason I have gone to them Or else I would have kicked them out right, left abnd centre.