Union Bank Of India — Not getting education loan subsidy from union bank | |||
Hi, This is Anandkumar Tiwari having education Loan From Union Bank Of India Kandivali Branch(Mumbai). Union Loan A/C No. [protected]. I would like to say that "Department of Higher education, Ministry of human Resources development government of India " has come out with the subject scheme to provide interest subsidy on the education loans availed by students having lower than a specified parental income that is 4.5 Lacks. from academic year[protected]. my education loan was sanctioned in the year of 2010 and even after requesting this bank from last four year they are not giving me interest subsidy and charging compound interest on it. I have submitted all the proofs and chasing this bank from last 4 year but not getting interest subsidy . from last 4 year they are charging compound interest on me. which is totally unacceptable . I request you to withdraw all interest and reimburse my interest subsidy of education loan in to my account for last five year(course period (4 year) + 1 year memorandum period ) as per the rules of Government of India. Was this information helpful? | |||
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