[Resolved]  State Bank of India — Misguided about Installment & wrongly calculate subsidy interest of NEW CSIS 2014

Address:

Panchmahal, Gujarat

SOLANKI JAYRAJSINH BALVANTSINH At Po –ARAD Ta.-HALOL Dist.-PANCHMAHAL, PIN NO-389350 Mo No.-[protected] Email :[protected]@yahoo.co.in A/C. No : [protected] To CHAIRMAN SBI THE BRANCH MANAGER, STATE BANK OF INDIA, GODHRA PAVAGHATH ROAD, HALOL DIST: PANCHMAHAL – 389350 Subject : Misguided about Installment & wrongly calculate subsidy interest of NEW CSIS 2014 Respected sir Case 1: Misguided about Installment I had taken Education loan Rs.285000 my study of M.Tech during year 2007 to 2009 from SBI HALOL(00378), GUJRAT.After my M.Tech study when I visited bank SBI Halol for Installment, told me installment Rs.4600 and time remaining for repayment .SBI HALOL never gave any loan section latter or any document related loan or installment after complete my study .I started to pay installment Rs.5000 in December 2009 upto February 2011.But when I asked again about why installment Rs 5000 is Low, then he told me your actual installment Rs.7814.During this period I had paid less around Rs 3000 per month and total approx Rs.42890 for 16 Month. I paid approx interest Rs.28690 on Rs 42890 for year 2011, 2012, 2013, 2014.Due to misguided by SBI HALOL I have loss of Rs 28690 interest . they always misguided us by giving rendered answer.I visited many times and ask some question in written .they denied us for that .if they right why they afraid ???they never given any kind of document after loan section.why they didn’t inform me when iregular installment paid by me durinng one and half peroid Nov 2009 to FEB 2011??they have intensly divert about installment for charge mor interest. Case:2 Wrongly calculate subsidy interest of NEW CSIS 2014 As per guidelines of NEW CSIS 2014 “GUIDELINES FOR PROVIDING RELIEF ON INTEREST OUTSTANDING COMPONENT AS ON 31.12.13 FOR ALL EDUCATIONAL LOANS SANCTIONED/AVAILED UP TO 31.03.2009 & OUTSTANDING AS ON 31.12.2013.” I was unable to pay some interest component during my study and missed some EMI during after study. So unpaid interest component during my study Rs.45904.and unpaid interest due to missed EMI Rs.14923. total unpaid interest is Rs. 45904+ Rs.14923=Rs.60827.Total Interest Due on 31.12.2013 was Rs.179561and Paid interest was Rs. 120854. So outstanding interest was Rs.58707 on 31.12.2013 with moratorium interest .But SBI halol Calculate subsidy interest Rs.1120. when I asked for How you calculate subsidy interest ?they unable to explain me about subsidy interest .they gave wrong information about NEW CSIS .I visited SBI halol 7 times but they didn’t give satisfactory answer.when I asked for NEW CSIS, they didn’t knoe about it and told me show NEW CSIS GR.I also talked with Mr.Kedarnath and mr.Vikas about it and asked some question but they rendered me and didn’t give proper answer. why they were initiate after my complaint to sbi for subsidy of NEW CSIS when cicular came very early and I informed many times to them? I have total loss 1. Rs. 28690 interest Due to Misguided about Installment 2. Rs.58707 outstanding Interest due to Wrongly calculate subsidy interest of NEW CSIS 2014 Total Rs.87397 Mentaly herresment and expense = Rs.90000