State Bank of India — (state bank of hyderabad)- state bank of india (sbh edu gyan shakti scheme) sbi education loan subsidy & grievance

Dear sir,

I am taken an educational loan from sbh (Former bank - currently state bank of india) nalegaon, latur, maharashtra in december 2014 for my be course, having an education loan. I have complete my be degree in july 2017 and the loan repayment starts in 2018.

While discussed with my friend, they told me they have got interest subsidy from their bank. Based on that i have talk with bank manager (Current bank manager) and bank manager told me, yes such type of subsidy are there if annual income of your family is less then 4 lac and after submission of income certificate, and a list of document.

When i have given him all the document, he did not received the document & told me the time has elapse. The same cases happen in the year 2014, 2015, 2016, 2017, 2018, 2019, and current year also.

This happen because previous manager who approved my loan he cannot acknowledge me same. Even he has not aware about it also current manager has bit knowledge of governments csis scheme.

With the current salary i am able to repay only rs 5000/-, & monthly interest added by bank is proximately rs.3000, so the balance is deducted from my old accumulated interest. If this process is continued, i will never repay the loan amount in my lifetime.

I am pay interest as same since[protected] inr 80000 (Approx.) and it goes to my beyond my control and currently this account is has npa since 3 months.

Further when i have talk about any grievance & any other way of getting subsidy, the bank manager is treating in a bed way.

So please take any action against him and suggest the way as how i can got any subsidy or grievance.

Thanking you,
Regards,
Rameshwar udgire
Contact: [protected]