[Resolved] State Bank of India — interest rate of education loan | |||
Dear Sir I'm Gobindalal Bhattacharyya,in 2010 im taking education loan from kalna State bank of india and my loan account number is [protected]. But in RBI master circular-interest rate on advance(RBI/2010-11/72, DBOD.NO.DIR.BC.9/13.03.00/2010-11) clearly mention that up to 4 lakh not exceeding BPLR and interest to be debited quarterly/half yearly.In stating time they are not followed the BPLR rate and interest debited on monthly basis. So please solve my problem and i will thankful to you. Regards gobindalal Bhattacharyya [protected] [protected]@gmail.com Was this information helpful? | |||
Aug 14, 2020 Complaint marked as Resolved | |||
 3 Comments | |||
Comments
SBI — about the interest rate of education loan
Respected Sir,I have sanctioned education loan for my son Mayank Gupta on 23/08/2006 from sbi rath,hamirpur(u.p) code no-0206.His loan account number is[protected].Initial rate of interest was about 9.5% p.a. but bank charged about 14%.this thing is not guinine. In this matter I have complaint in the respective branch in 2008 but they did not respond in this matter till now.So please rectify this error and take appropriate action on this matter as soon as possible so that I can pay my loan installment in proper manner.
Thanking You.
Date:16/03/2010 Your sincerely
Shyam Lal Gupta
State Bank of India — interest rate
i have a limit of over 5lac in state bank of india,in which the interest rate is being calculated wrongly means the interest rate to which they say is being applying is not the same as we calculate it manually ,i have many times stated this to the bank employers but they say it is processed by mumbai head office,they can't do anything in this problem .so please let me know what to do for this type of problemthanking you
preet sharan singh
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Complaint — Interest for education loan
I had applied for the EDUCATIONAL LOAN the bank MANAGER SAID PUT IN INTEREST BUT GOVERNMENT TOLD YOUR EDUCATIONAL LOAN NO INTEREST IN ACADEMIC YEAR SO YOU TAKE ACTION IMMEDIATELY THE BANK MANAGER.....BRANCH:MUSIRI , TIRUCHI(DIST)