[Resolved]  Bank of Baroda, Bonli — Interest subsidy reimburse on education loan

Address: Sawai Madhopur, Rajasthan

I took Education loan of Rs. 6 Lac on 26/09/08. I am regularly depositing my monthly installments and there is no overdue till today. As per govt. Rules/Circular “Central Scheme for Interest subsidy on Education Loan” Interest subsidy announced by HRD ministry from 2009-10. I am eligible for Interest subsidy which is provided for the period of moratorium i.e. Course period plus one year or six months after getting job, whichever is earlier. My course was completed in March’10 and got job on 11th July 2010. So as per rule I am eligible for interest subsidy from 1st July 2009 to 10th January 2011 (11/07/2010 + 6 month). The amount should be Approx. Rs. 1,00,000/-. Now long time has been happened but this amount is not credited in my A/C. Now I am bearing interest on that interest subsidy part also. Earlier on 24/04/12, I have given letter to branch manager re. this matter but I did not received any reply. Always oral answer was that we have put in system, whenever it will come, it will be credited in your account.plz help
Was this information helpful?
No (0)
Yes (0)
Aug 13, 2020
Complaint marked as Resolved 
 
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