SBI Charging inaccurate and higher interest rates on Education Loans

Account Number 00000030880408230 Name Mr. ATUL SHIVAJIRAO SATHE Description T L Educational LoanPER I have taken an education loan of Rs. 20 Lacs, sanctioned in Sep. 2009. However, interest rates have been applied extensively high since the start itself, which is 2.5% higher than those applied for similar loan type, similar amount, in case of my colleagues. ( current rate is 13.20% ). These rates applied have always been matching with those for loan amounts less than Rs. 4 Lacs slot. However, my loan falls into a category of > Rs. 7.5 Lacs. I have been sending emails ( as I am aborad ) to main branch of SBI in Pune, however, no response. I would strongly like to request SBI to repay the extra interest ( compounded interest ) that has occured due to these very high interest rates ( almost equal to personal loans ). Also, when I repay the loan amount excess of EMI , SBI is not deducting this excess amount from the principal amount. So, SBI needs to repay that extra interest amount. Looking forward to the quick resolution of the request ASAP before I move to tribunal/customer forum.

Regards
satheatul@yahoo.com

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