[Resolved]  Central Bank Of India, Tajpur Branch, Samastipur, Bihar — education loan charges

Address:

Samastipur, Bihar

To,
The Banklokpal,
Patna, Bihar


Subject :Please solve our problem regarding education loan.
Dear Sir,
with due respect I krishna Kumari Mishra, Daughter of Ex army Kailash Bihari Mishra, Had taken the education loan in 2007 of Three lakh eighty eight thousand eight hundred from central Bank, Tajpur Branch, Samastipur,Bihar. At the time of taking loan they told us the interest should be start after the completion of course and the after getting the job. After getting job there should be around six months gap. But they charged the loan interest from the day one on which i had taken the loan . they are charging 12.75% interest. i belong to a simple family and my earning is 1.5 lakh per year. they want five lakh forty one thousand, please clear me. what is the interest actual rate of their. i thing they are charging on interest rate on compound amount. so i am confused a lot. My education was completed in 2009 april. i started job in july 2009. I had read in the newspapers and net that from 2009, the interest on education loan is free for the families earning less than 4.5 lakh per annum. and i am eligible for this. Is their any special compensation for the girls also. please clarify my all queries. In between all this my father has given the permission to them to cut down three thousand per month from his pension but they had cut only for 4 months. It is there mistake. we had done this for lowering the interest rate. we are living in Indore so that very difficult to move easily to bihar. they had not informed us anything.Eagerly waiting for your reply.

Thanks and Regards,
Krishna Kumari Mishra,
61-A/3, Dhanvantri nagar, Rajendra nagar, Indore (M.P)
[protected]
[protected]@yahoo.co.in