[Resolved]  Sbbj — Education Loan Subsidy

Address:Hanumangarh, Rajasthan

I have taken an education loan of 3,00,000 from SBBJ Bank, Bhadra. As government came up with "Education Loan Subsidy Scheme" for students. My loan started on July 2008 and it ended on July 2011. This scheme shall be applicable in respect of disbursements made on or after 01st April 2009 and for the academic year 2009-10, irrespective of date of sanction. In case of loans sanctioned prior to 1.4.2009 and for the courses beginning prior to the academic year 2009-10, the interest subsidy is available only to the extent of disbursements made after 1.4.2009. Hence I should get subsidy on the amount taken after 1.4.2009. But as of now, I have got only 5036 RS as part of this subsidy scheme. One of my friend who had taken loan from Bank of Baroda, have got around 50,000 RS from this scheme for the same amount of Loan. Please provide me with the clarification.
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Aug 13, 2020
Complaint marked as Resolved 
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Pawan Kumar Jain, Dist- Rajsamand (Raj.)
House building loan ac no [protected]

I have taken an home loan of Rs.532000/- from SBBJ branch, Kankroli, Dist Rajsamand Branch Code 10211
on dated 14.03.2011.first time Intrest subsidy credited in my account on dated 28.11.2011 Rs.2485.17 upto Sep-2011. The interest subsidy not given me from Sep-2011 onwards.

You are requested please arrange to credit intrest subsity from 01.10.2011 at the earliest.

P K Jain
Mob no [protected]

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