Location/place: Bilaspur
Name of company/service: STATE BANK OF INDIA
Hello, I am Avishek I did my MBA in the year 2010 and for that i took education loan of Rs 400000, from State Bank of India @ 11.75% EMI. But now bank is charing me interest as flexible rate without my intimation. For the last two years I am paying EMI Rs 7500 p.m., but still bank is saying that I am having Rs. 400000 of loan is due. If this will be case in future, then I will be in very hectic situation. My nonthly net salary is 13200 p.m. I request consumer forum to do some needful for me regarding these so that I can get some relief from the issue. Thanks.
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