SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
Listen Audio Icon Pause Audio Icon
judgment-img

2026 Supreme(Online)(Mad) 35651

IN THE HIGH COURT OF JUDICATURE AT MADRAS
HEMANT CHANDANGOUDAR, J
M.Kabilarasu – Appellant
Versus
The Manager, Indian Overseas Bank, Lead Bank Office – Respondent
W.M.P(MD)No.25258 of 2024



Advocates:
For the Appellants/Petitioners: Mr.R.Paranjothi for M/s.KBS Law Office
For the Respondents: Mr.N.Dilip Kumar, Mr.C.Deepak

Court mandates bank to sanction educational loan upon verification of required academic marks.

Headnote:The petitioner challenged the rejection of an educational loan application under bank norms requiring specific marks. The court directed verification of marks secured. Upon confirmation of 61% marks, the initial rejection order was quashed. Issues framed included compliance with prior court directions and eligibility for loan sanction. The ratio decidendi emphasized processing loan applications per verified academic credentials and bank guidelines. The writ petition was disposed directing sanction of Rs.4,00,000/- educational loan for 4th year B.Tech course subject to document submission.

Table of Content
1. challenges bank rejection of education loan. (Para 1 , 2)
2. court verifies and confirms 61% marks eligibility. (Para 3 , 4)
3. directs loan sanction upon document submission. (Para 5 , 6)

O R D E R

The petitioner is before this Court assailing the order dated

12.07.2024 passed by the first respondent.

2. In the said order, the request of the petitioner to sanction educational loan has been rejected since the petitioner has not obtained appropriate marks as per the norms of the Bank.

3. This Court, vide order, dated 13.03.2026, directed the respondent Bank to verify as to whether the petitioner has secured 61% marks and in the event the petitioner is found to have secured 61% marks, the respondent bank will process his application and sanction education loan in accordance with its norms.

4. Subsequently, the respondent bank, after verification, has found that the petitioner has secured 61% marks and therefore, he is entitled for sanction of education loan subject to production of relevant documents for the 4th year B.E. Engineering course.

5.In light of the above, the Writ Petition is disposed of directing the respondent bank to extent the education loan in favour of the petitioner for the 4th year Engineering course subject to the petitioner furnishing necessary documents before the second respondent.

6. The petitioner is directed to produce the relevant documents within a period of one week from the date of receipt of a copy of this order and upon receipt of the same, the respondent bank shall sanction education loan for the petitioner for the 4th year B.Tech., (Information Technology) Engineering course within two weeks from thereafter. 7.There shall be no order as to costs. Consequently, connected miscellaneous petition is closed.

Click Here to Read the rest of this document
1
2
3
4
5
6
7
8
9
10
11
SupremeToday Portrait Ad
supreme today icon
logo-black

An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

Please visit our Training & Support
Center or Contact Us for assistance

qr

Scan Me!

India’s Legal research and Law Firm App, Download now!

For Daily Legal Updates, Join us on :

whatsapp-icon Back to top