Respected Authority,

I want to know some information about, to support students from Economically Weaker Sections of the Society, Department of Education, Ministry of Human Resourse Development,Governemnt of India has launched interest subsidy scheme according to the attachment(Please find the attachment).


I want to know that I take loan from allahabad bank and it was sanctioned around at the end of 2007. I had completed my B.Tech in july'2011 from a recognized university of West Bengal Govt. I wrote an application to the allhabad bank about that kind govt policy near april-may' 2011 and according to that they leave interest of only near Rs.5775 in the nov'2011, nothing more than that and inform me that according to the govt policy it was the only amount which was detucted from my account and that is all. I want to know that after 1.04.2009 whatever the amount I had taken from the allahabad bank according to the Govt policy it should not be applicable for interest from 1.04.2009 to july'2011 that is the monatorium period of my B.Tech From july'2007 to july'2011 and plus 1 year or 6 months after getting the job. Currently I have joind Tata Consultancy Services(TCS) around 6 months and I am needy person not able to bear that high interest rate that is around 2000/month.

So please let me know what should I do as soon as possible otherwise i will forced to go consumer forum against the bank as the bank was not at all co-operate with me and did not clear anything.Reply soon.

Thank You.

Upendra Nath Rajak