PMAY Subsidy Not Release PMAY Subsidy Not Release

3 years ago

Dear Sir
In may17 i applied for home loan in PNB Housing & at same time applied for PMAY subsidy. But after continue follow up for 1&1/2 year subsidy not credit in my account abd PNB has charged high interest rate. in Nov-18 i contact SBI for Loan transfer then he says ok for loan transfer And confirm that on PNB declaration letter we will apply fresh application in SBI and get subsidy.
After 10 days of Loan transfer from PNB housing I receive call from PNB that my subsidy is received but due loan account close in PNB, PNB return the subsidy to NHB.
Now SBI is saying that transfer cases are not eligible for subsidy and you have already get subsidy in PNB tenure

Kishan Dutt Kalaskar

Responded 3 years ago

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A.Dear Sir,
You may approach Banking ombudsman or High Court to resolve the issue.

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