SBBJ Bank — Excess int rate on term loan / subsidy not credited yet

We have availed a term loan (ac no - [protected]) of rs. 4.25 lacs from sbbj, raisar branch (10640) on dated 16.12.2011 under deds scheme of nabard. we have paid our installments regularly and there is only 38000/- approx is rest to pay on date. as per deds scheme nabard should have to grant subsidy of the project cost but after 4 year 8 month we have not received any subsidy till date. we have meet official of sbbj at branch level and regional office level also but no one answering us properly.

Further, as per sanction letter, we have to be charge 3.25% above base rate of interest on our advance which should be 9.30 + 3.25 =12.55% now a day but the branch is charging 14.70% interest rate on our advance since inception. we have communicated this discrepancy to the branch several time but the branch officials have less concerns with the matter. which is totally unethical and cause of a big financial lose to us.

I wish to bring to your notice that i am a small farmer and having very limited options for earning. beside of my financial crises, i never fault to pay the banks installments. when i am promptly paying banks dues than i have equal rights to get my benefits too. therefore, i request you to please look in to matter and help me out to get my money back.


Regards,
Ramgopal meena,
Villge : dekhla (dantala meena),
Tahsil : jamwa ramgarh,
Dist : jaipur (rajasthan)
Mo. no. : [protected]
Mail id : [protected]@yahoo.in