Bank Of India — NOT GIVE INTEREST SUBSIDY

Address:

Ujjain, Madhya Pradesh

I am a guardian of Mr. Rahul Vyas who account holder in Bank of India Branch Nagda his A/c No. [protected]. We are reqesting our Education loan and Bank sanctioned the Rs. 1.5 lack and we are also paying installment per month before the due date. On dated 20/3/2014 Nagda Branch Officer send a letter for giving Interest Subsidy for the loan amout. We are submitted the hole document bank required. But my Intereste Subsidy not senction. After some time when I quary, the Bank Manager sade to me "The Interest Subsidy only for Defaulter Account Holder, you are paying your installment regularly, so you can't eligble for the same" Dear Sir, I am paying all the installment regularly Why i am not eligble for the Interest Subsidy. Please take some action.