Education loan subsidy not claimed by the bank.
2 years ago
I had granted an education loan in 2016 for 4yrs of engineering. I'm eligible for the CSIS Interest subsidy scheme. But the bank had claimed my subsidy only for the year 2018-19. For the remaining 3 years, they didn't claim my subsidy. So is it possible to claim the subsidy for the remaining 3 years in the current year? And if it is not possible then, what legal action can I take against the bank?
A.Dear Sir,
You may file a Civil suit and recover such amount as bank is at fault.
You may file a Civil suit and recover such amount as bank is at fault.
Helpful
Helpful
Share
Ayantika Mondal @ Prime Legal
Responded 2 years ago
A.Hi,
You can approach the District Consumer Forum and file a complaint against the Branch and the MD claiming compensation and damages. You can also file a complaint with the Banking Ombudsman and claim damages if the bank was deficient in service.
If you found my answer helpful then kindly rate me.
You can approach the District Consumer Forum and file a complaint against the Branch and the MD claiming compensation and damages. You can also file a complaint with the Banking Ombudsman and claim damages if the bank was deficient in service.
If you found my answer helpful then kindly rate me.
Helpful
Helpful
Share
A.Hi,
If they do not claim subsidy for the remaining years then you can file a complaint with the District Consumer forum against the branch and MD. You are eligible to claim compensation and damages if there has been a deficiency in services by the bank.
If you found my answer helpful then kindly rate me.
If they do not claim subsidy for the remaining years then you can file a complaint with the District Consumer forum against the branch and MD. You are eligible to claim compensation and damages if there has been a deficiency in services by the bank.
If you found my answer helpful then kindly rate me.
Helpful
Helpful
Share
A.Hi,
You can approach the District Consumer Forum and file a complaint against the Branch and the MD claiming compensation and damages. You can also file a complaint with the Banking Ombudsman.
If you found my answer helpful then kindly rate me.
You can approach the District Consumer Forum and file a complaint against the Branch and the MD claiming compensation and damages. You can also file a complaint with the Banking Ombudsman.
If you found my answer helpful then kindly rate me.
Helpful
Helpful
Share
A.Submit an application to the bank for the same ask them to get it. If they don't do it then you can think of taking action against them
Helpful
Helpful
Share
Ankur Goel @ Complete Law Shield
Responded 2 years ago
A.you have to approach a CA.
alternatively you can file consumer court case.
alternatively you can file consumer court case.
Helpful
Helpful
Share
Read Related Answers
Sbi account put on stop by cyber security
Dear Sir/Madam,
Under the following provisions the Hon’ble Magistrate Court having ample powers to unfreeze the Bank accounts. Further, the Hon’ble Court has vast powers to hand over the properties/v...
My bank account got freezed
Dear Client,
Once a cybercrime scam or fraudulent transaction is reported online to the National Cyber Crime Reporting Portal(NCCRP), on the instruction of the Cyber Crime Cell, the investigating tea...
Bank loan harassment
Dear Client,
In the given scenario, you can escalate your grievance with the Grievance Redressal Officer of the concerned Bank, and in case no suitable response is received from the GRO of the Bank yo...
Online Gaming -Can I be sent to Jail
Dear Client,
The Information Technology Act 2000 regulates cyber activities or online gambling in India. There is no explicit law that makes online gaming and gambling an illegal activity in India. O...
Online Gaming- Debit freeze
Dear Client,
Your query requires more details to address it suitably. You expressed your situation but not a cause of action that attracts a legal remedy. It is a virtual platform where in the absenc...
Read Blogs on Banking
Banking Lawyers
Find Lawyers by Location
