Central Bank Of India
Deny to give interest waiver on education loan

Respected Sir,

I have taken a education loan from Central bank of india khuskibagh branch, purnea in June for my M.B.A studies. I want to start the repayment of this loan in installments. In budget 10 our finance minister said about a interest waiver scheme for the moratorium period of the education loan (i.e 12 month after completion the course or 6 month after getting the job which ever is earlier). Under this scheme he said that the the student from weaker section (i.e whose family income is below 4 lakh per annum) can avail this facility. Sir we fall in this weaker section our family income is very low. And in the mean time of completion of course economic recession came out. Now it is very difficult to get a job and I am still searching for a job. But my father wants to pay it from his own pocket.

we have visited the bank several times but the manager always say that we do not have information regarding this. As we all know that this was the highlight of budget 10. I am sendind you the link below so that you can see that the information provided by me is correct

http://indiabudget.nic.in/ub10/bh/bh1.pdf

Thank you

Sourav Jain

Company: Central Bank Of India
Country: India

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