[Resolved]  SBI Education Loan — overcharging in the name of education loan

Address:

North 24 Parganas, West Bengal

helow sir ,

when i first applied for education loan in sbi i followed the website
and applied by default my interest rate was set to floating at 11.25 % ( i.e For loans upto Rs.4 lacs
3.75% above Base Rate, currently 11.35% p.a.) source sbi website

but later i found that the interest rate kept on fluctuating to
11.50% to 11.75 % to 12% even 12 .5 % but in your website there is no
information that the education loan will be fluctuating like this ,
and the bank keeps on increasing or decreasing the interest rate with
out my intimation.

i would like to know is this not the breach to right to information as wrong information has been provided to me and hence sbi cheating me of my money wrongfully ???

i want to know why am i paying 12% when its mentioned in the website
its mentioned as 11.25???

this is my 3 rd email with out any response from your side, if this
email also goes un noticed i am sorry but i will have to move to
consumer forum, would appreciate a constructive answer from any of the members out here


thank you

sourav banerjee