[Resolved]  Bank of Baroda, Bonli — Interest subsidy reimburse on education loan

Address:Sawai Madhopur, Rajasthan

I took Education loan of Rs. 6 Lac on 26/09/08. I am regularly depositing my monthly installments and there is no overdue till today. As per govt. Rules/Circular “Central Scheme for Interest subsidy on Education Loan” Interest subsidy announced by HRD ministry from 2009-10. I am eligible for Interest subsidy which is provided for the period of moratorium i.e. Course period plus one year or six months after getting job, whichever is earlier. My course was completed in March’10 and got job on 11th July 2010. So as per rule I am eligible for interest subsidy from 1st July 2009 to 10th January 2011 (11/07/2010 + 6 month). The amount should be Approx. Rs. 1,00,000/-. Now long time has been happened but this amount is not credited in my A/C. Now I am bearing interest on that interest subsidy part also. Earlier on 24/04/12, I have given letter to branch manager re. this matter but I did not received any reply. Always oral answer was that we have put in system, whenever it will come, it will be credited in your account.plz help
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Aug 13, 2020
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