Inconsumercomplaints.com » Business & Finance » Review / complaint: Allahabad Bank - Deduced 12% Interest against Education Loan Amount of Rs. 163100 | News #92951

Allahabad Bank
Deduced 12% Interest against Education Loan Amount of Rs. 163100

Dear sir

I am Kousik das son fo Sri Prafulla Kumar Das. My address is given below-

Vill.- Beokati

P.O.- K.N. jalalpur (Via-Taki)

P.S.- Hasnabad

Dist. 24 Parganas North

Pin.- 743429

State.- West Bengal

I have a complaint against “Allahabad Bank”. The Bank address is given below

Allahabad Bank (Taki Branch)

Vill P.O- Taki

Dist. 24 Parganas North

Pin.- 743429

State.- West Bengal

I had got a Education loan from this Bank at 08/08 for B.Tech Education (Computer Sc.).

The Loan amount is Rs. 163100/- in Eight (8) installment. Bank also pay me as DRAFT by the name of College” Murshidabad College of engineering & Technology” Payble at Berhampore. I have already pay

Two Installment (Rs. 3000/- Per Install ment).

I see your Education loan Sceme which is published on April 28 & Scheme No is

RPCD.PLNFS.BC.NO.83/06.12.05-01

Your Scheme say Upto Rs. 2 Lacs have no margin Money or no Security.

But Allahabad bank say you will be pay us Rs. 163100/- 12% interest. Now Bank Manager also pressure Me & My Father to pay the loan with in one month. Bank also say my total due amount is around Rs 3 Lacs.

Also I had say the Bank Manager about your “Model Education Loan Scheme” but Manager deny this Rule & say They have no receive any Scheme or Norms or Terms or Condition from you.

Now I am working in public sector & Salary is Rs. 5500/- per month. I am not able to pay

Rs 163100/-12% interest (Around Rs 3 Lacs) at a time. I

I requested to you that if you consider the interest against the loan then I able to pay my education loan Rs. 3000/- per month in 55 installment. Please help me. I am helpless.

Allahabad Bank (Taki Branch)

Loan Acc No. 4/242

1st Installment- Rs. 25900/-

2nd Installment Rs. 19600/- Yours Faithfully

3rd Installment Rs. 19600/- Kousik Das

4th Installment Rs. 19600/- Phone No- 919735226201

5th Installment Rs. 19600/-

6th Installment Rs. 19600/-

7th Installment Rs. 19600/-

8th Installment Rs. 19600


Company: Allahabad Bank

Country: India

Category: Business & Finance

0 comments

Information
Only registered users can leave comments.
Please Register on our website, it will take a few seconds.




Quick Registration via social networks:
Login with FacebookLogin with Google