Bank Of Baroda — increased emi of education loan

Address: Mumbai City, Maharashtra, 400070

Dear sir
I have taken education loan of rs 281000 in 2014 from bob. They didn't have me sanction letter during that time. Also, i have applied for interest subsidy for the loan. During my last disbursement which was in 2016, the sanction officer informed me that there will be 60 emi's of rs 6200 starting from october 2018 and told me to come directly in october 2018 for any further details regarding emi.
And now when i approached bank in order to know the exact amount and date of emi, i came to know that whole staff has been changed and the person who is there in place of sanction officer told me that there will be 84 emi's of rs 7681 staring from 20th october 2018 and also i came to know that they haven't had claimed interest subsidy and now the outstanding principal or amount overdue is rs 376000. I have also calculated emi on rs 376000 and it comes out to be rs 6789 but they are saying it to be rs 7681
What can i do in this regard.?
Hoping for a positive and early reply.
Was this information helpful?
No (0)
Yes (0)
Bank of Baroda customer support has been notified about the posted complaint.
 
Add a Comment

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    Bank of Baroda
    customer care contacts
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    12%
    Complaints
    4816
    Pending
    0
    Resolved
    583
    Bank of Baroda Address
    Suraj Plaza-1, Sayaji Ganj, Vadodara, Gujarat, India - 390005
    View all Bank of Baroda contact information