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Interest subsidy scheme on education loans mandated on all banks
Sir, I had taken educational loan of Rs.148000 from SBI during 2007-2011. The bank taking monthly interest of Rs.740 every month until now since 2008. My repayment period started from Dec 2012. Because I pursued my PG during 2011-2013 I didn't repay the main amount and keep on paying the interest of 740 only. Now the bank holding my account and today I have received the court notice from bank to repay the amount within 7 days. Recently I got job and ready to repay in EMI. But the bank asking 70000 to open the account and then in EMI. I am not in a position to pay more than 30000 to open the account. Also the bank saying no subsidy for me. What I have to do now.
K. Vijayakumar (Posted: Aug 8, 2014)
Sir, I had taken educational loan of Rs.148000 from SBI during 2007-2011. The bank taking monthly interest of Rs.740 every month until now since 2008. My repayment period started from Dec 2012. Because I pursued my PG during 2011-2013 I didn\\\'t repay the main amount and keep on paying the interest of 740 only. Now the bank holding my account and today I have received the court notice from bank to repay the amount within 7 days. Recently I got job and ready to repay in EMI. But the bank asking 70000 to open the account and then in EMI. I am not in a position to pay more than 30000 to open the account. Also the bank saying no subsidy for me. What I have to do now.
K. Vijayakumar (Posted: Aug 8, 2014)
Sir, I had taken educational loan of Rs.148000 from SBI during 2007-2011. The bank taking monthly interest of Rs.740 every month until now since 2008. My repayment period started from Dec 2012. Because I pursued my PG during 2011-2013 I didn\'t repay the main amount and keep on paying the interest of 740 only. Now the bank holding my account and today I have received the court notice from bank to repay the amount within 7 days. Recently I got job and ready to repay in EMI. But the bank asking 70000 to open the account and then in EMI. I am not in a position to pay more than 30000 to open the account. Also the bank saying no subsidy for me. What I have to do now.
K. Vijayakumar (Posted: Aug 8, 2014)
Sir, I had taken educational loan of Rs.148000 from SBI during 2007-2011. The bank taking monthly interest of Rs.740 every month until now since 2008. My repayment period started from Dec 2012. Because I pursued my PG during 2011-2013 I didn't repay the main amount and keep on paying the interest of 740 only. Now the bank holding my account and today I have received the court notice from bank to repay the amount within 7 days. Recently I got job and ready to repay in EMI. But the bank asking 70000 to open the account and then in EMI. I am not in a position to pay more than 30000 to open the account. Also the bank saying no subsidy for me. What I have to do now.
K. Vijayakumar (Posted: Aug 8, 2014)
i have taken education loan from SBI in July 2013. I am eligible for availing the benefits of interest subsidy but my bank manager told me to hold on as according to him the interest subsidy policy has not been started yet.
Please inform me what further actions do I need to take.....
Preeti singh (Posted: Aug 2, 2014)
my sister has taken education loan from bank year 2011 weather she can get interest subsidy in csis scheme
bharatjain (Posted: Jul 28, 2014)
I have taken education loan of 2 lakh from Bank of Baroda in Sept 2008, but my bank manager is not ready to accept the Interest subsidy policy which was announced by Finance Minster in Interim Budget 2014. Please tell me the process how should I take the action against the bank
Himanshu Agrawal (Posted: Jul 27, 2014)
I have taken education loan of 2 lakh from Bank of Baroda in Sept 2008, but my bank manager is not ready to accept the Interest subsidy policy which was announced by Finance Minster in Interim Budget 2014. Please tell me the process how should I take the action against the bank
Himanshu Agrawal (Posted: Jul 27, 2014)
GOOD DAY to you I am Mr Howell Henry, a Reputable, Legitimate & an accredited money
Lender. I loan money out to individuals in need of financial assistance.
Do you have a bad credit or are you in need of money to pay bills?
i want to use this medium to inform you that i render reliable beneficiary
assistance as I’ll be glad to offer you a loan at 2% interest rate to
reliable individuals.
Services Rendered include:
*Refinance
*Home Improvement
*Inventor Loans
*Auto Loans
*Debt Consolidation
*Horse Loans
*Line of Credit
*Second Mortgage
*Business Loans
*Personal Loans
*International Loans.
Please write back if interested.
Upon Response, you’ll be mailed a Loan application form to fill. (No social
security and no credit check, 100% Guaranteed!) I Look forward permitting me to
be of service to you. You can contact me via e-mail howellhenryloanfirm@gmail.com
Yours Sincerely
MR Howell Henry(MD
Henry (Posted: Jul 24, 2014)
GOOD DAY TO YOU ALL ,HOW ARE YOU FACING WITH YOUR ECONOMICS SITUATION I AM MR HOWELL HENRY A REPUTABLE,LEGITIMATE & AN ACCREDITED MONEY
Lender. I loan money out to individuals in need of financial assistance.
Do you have a bad credit or are you in need of money to pay bills?
i want to use this medium to inform you that i render reliable beneficiary
assistance as I'll be glad to offer you a loan at 2% interest rate to
reliable individuals.

Services Rendered include:
*Refinance
*Home Improvement
*Inventor Loans
*Auto Loans
*Debt Consolidation
*Horse Loans
*Line of Credit
*Second Mortgage
*Business Loans
*Personal Loans
*International Loans.
Please write back if interested.
Upon Response, you'll be mailed a Loan application form to fill. (No social
security and no credit check, 100% Guaranteed!) I Look forward permitting me to
be of service to you. You can contact me via e-mail howellhenryloanfirm@gmail.com

Yours sincerely
Mr Howell Henry(MD)
Henry (Posted: Jul 22, 2014)
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