Education loan subsidy not claimed by the bank. 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?

Kishan Dutt Kalaskar

Responded 2 years ago

View All Answers
A.Dear Sir,
You may file a Civil suit and recover such amount as bank is at fault.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

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.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Anik

Responded 2 years ago

View All Answers
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.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Anik

Responded 2 years ago

View All Answers
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.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Abhimanyu Shandilya

Responded 2 years ago

View All Answers
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

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Ankur Goel @ Complete Law Shield

Responded 2 years ago

A.you have to approach a CA.
alternatively you can file consumer court case.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Read Related Answers

question iconLender is not available for my payment
Dear client, contact the lender through any contact information or if there is office of their. And also report the same to cibil
question iconLOAN SETTLEMENT AND ADVICE
Dear Client, A borrower is held liable personally for his or her debt for non-payment of the outstanding amount of the loan. Once the repayment of the loan stops or bounces for consecutive 3 installm...
question icontitle of a flat
Dear client, yes one can get the title from the auctioner by way of sale certificate by purchasing the flat in the auction.
question iconAbout cheating of money transfer
Dear Sir, It is better to settle the matter with the Management otherwise if Police complaint is given your friend may be put into jail and charge sheet will be filed and case will be run for 4-5 year...
question iconovercharging of rate of interest
Dear Client, In the prevailing situation, serving a legal notice to the concerned Bank, make a private complaint against the Bank to a Court of Magistrate under Sec.200 of Cr. PC. that outlines the pr...