Standard Bank
SBSA Application No. 004222911

SBSA Application No. 004222911
BOND Account No. 366795627

My wife (Pinky Y Ngcobo) and i (Sifiso R Ngcobo) apply for the Bond loan and it was approved last year 2012 November.
We raised a 40% deposit as per the Standard Bank requirement. Two months back Standard Bank comeback with other requirement of the borehole with the specific amount of water per hour. After the borehole was installed according to Standard Bank requirement our application was decline and cancelled, Standard Bank advised it is "affordability "
I do not understand this, the problem is that we cannot afford now after this long? If we did not afford why did it take this long to determine that and we are told after the loan was approved on the 06/11/2012? Why was the borehole one of the requirement? This is very unprofessional of Standard Bank

Company: Standard Bank
Country: South Africa
City: Life Style

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