Acct No 30190 289088 Product:T L Educational LoanPER Customer name- Ramesh Hazari I am repaying the above loan after the specified moratorium period(Loan Start date:15/06/2007) i.e 28/06/2012(after one year of completion of course) on the regular basis.The rate of interest is being charged as 14.75% per annum.Simply to robe more money no communication was made regarding payment of interest incurred during the moratorium period.When I started to repay the loan,bank officials started to telling about the incurred interest.They created great deal of inconveniece.They demanded twenty five thousand five hundred rupees first.When I deposited the amount,they demanded another forty two thousand five hundred.It was shocking and inconvenient.Anyhow I paid this,they asked to pay another six thousand rupees(approx).I was not expecting such unprofessional behaviour from SBI officials. But this was not the worst.When I started to repay,I was told that emi is rupees five thousand hundred(approx,exact value was lower than 5800).With the start of year 2014,I am getting sms that my emi is rupess seven thousand four hundred twenty only.Add to this my saving bank account 30424586771 has been obstructed.I don’t have any transaction right on my account(since feb 2014 or so).Though I don’t have any legal binding to repay the loan related to account 30190289088. So I want the possible explanation on charging higher rate of interest 14.75% as against 13.5%(existing sbi edu loan rate).Even in one account statement I can see 14.45% and others one having 14.75%.I can tell you that I am really losing my patience on this issue. Regards Rohit

Regards
rohit_ranchi18@rediff.