[Resolved] State Bank of India — agriculture loan | |||
Sir, My father bought agriculture loan from SBI bank in villuppuram. The loan two type of category. one is sugarcane loan and another crop loan(the sugar cane loan amount 34500 for the date of Apr-2011 to June-2012 and crop loam amount 40000 from July-2011 to 2012-june) total amount around 75000 thousand. the bank collect Interest to my father 10000. My father ask to the bank employee they said below 96000 thousand the bank will collect fixed amount of interest 10000. But the bank employees did not tell any information before we apply for loan. My father brother bought loan from the same bank sugarcane loan amount 30000 thousand the bank collect the same interest rate of 10000. The villupuram and cuddalore dist already affect THANE CYCLONE AFFECTED. The goverment told six month all agriculture loan interest rate no need to pay. then how the SBI bank interest rate for the agriculture loan they collect. I have all document hot copys from the bank and i need to know the interest rate. They bank did not inform the fixed rate interest for below 96000. Kindly give sugession for this...... Already the farmer face many problems. Was this information helpful? | |||
Aug 13, 2020 Complaint marked as Resolved | |||
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