[Resolved]  State Bank of India — Jwell loan interest subsidy - regarding

Address:Theni, Tamil Nadu

Respected sir I am Balakumbahan, a customer of SBI, Thevaram Branch (A/c No [protected]). Sir, I had availed gold loan for agriculture purpose during June 2013 (Loan A/c No. [protected]) @ 7% interest and closed the same on 12 June, 2014 (Before completion of one year). Off late, on the same day, I came to know that if we close the agri jwell loan with in due date, government is giving some percent interest subsidy and it is being implemented by all the nationalized banks. I inquired about this to the branch Manager, he used a lot of banking terminologies and made me confused and finally refused to do the same for me. One of my neighbor got the money back for the same type of loan from SBI Palani Chetti Patti, Theni. If so, why the same had become impossible for me for the same type of loan. Besides the same had happened to my mother's agri jwell loan also on the same day at the same branch. In this regard I am submitting my request to clarify the details why the interest subsidy was not applicable for my and my mother's account in one branch of SBI, when it had been given to some other customer of another SBI Branch Kindle consider my request do the needful Thanking you
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Aug 14, 2020
Complaint marked as Resolved 
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