Location/place: JAMNAGAR
Name of company/service: STATE BANK OF INDIA
Dear sir,
Whom to approach and complain if, i have received less than the subsidy , which was promised.
We were told, that we will get interest subsidy for the whole moratorium period (30 months in my case, course : MBA)
but i have received subsidy which is less than the interest amount credited during this period.
Interest amt credited: Rs 41,109 /-
Subsidy rcvd : Rs 30,000/-
Now how to claim for this Rs 11,109 /- , the concerned SBI branch official told that you can get subsidy only on disbursement amount in a particular financial year and not on the interest accrued on the same disbursed amount in the next year.
MY question is once an amount is disbursed the interest is accrued on all the following years , but than why no subsidy on that interest (period being within the specified moratorium period) ???
Regards,
Saurabh
[email protected]
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