[Resolved] Indian Overseas Bank — Regarding Education Loan Interest | |||
Sir, My Brother got Education loan from the IOB Serndamaram during the period[protected].He also paid the interest for that period.In budget 2009-10 our finance minister said about a interest waiver scheme for the moratorium period of the education loan (i.e 12 month after completion the course or 6 month after getting the job which ever is earlier). Under this scheme he said that the the student from weaker section (i.e whose family income is below 4 lakh per annum) can avail this facility. Sir we fall in this weaker section our family income is very low. We have approched the bank to get the detail of weiver policy but they said that they have not received any circular from Govt of India regarding this. Pls help me. Regards, J Stephen Was this information helpful? | |||
Aug 13, 2020 Complaint marked as Resolved | |||
 1 Comment | |||
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763 Anna Salai, Chennai, Tamil Nadu, India - 600002
As I approached IOB Shenkottai branch, for my son Education loan for his PG studies first time. but the bank manager not telling the
procedure of getting loan correctly and responded in bad manner, and treated me and my son badly. He is purposely delaying our education
loan process, even we submitted all documents which they asked. So i requesting Concern person to take action against him and take a step
to proceed my son education loan.
By
Arunachalam
rk.[protected]@gmailcom