[Attachment(s) from Education Loan Task Force ELTF included below] hi
Government of India MHRD has permitted all banks to submit the old pending claims in respect of ALL THE ELIGIBLE unclaimed cases [including SC/ST and General Category] for the period from the year 01.04.2009 to 31.03.2014 as a one time measure. This will be the final chance.
Indian Banks' Association has issued a circular to all the banks on 26th August 2015. ELTF understands from the Chief General Manager of Canara Bank, the Nodal Bank, that the portal will be open for submission of claims from 1st Sep 2015 to 15th Sep 2015. Copy of IBA notification is attached.
All the eligibile Education Loan borrowers for whom interest subsidy has not been claimed properly in the past may immediately approach their bank manager and submit a letter in writing to them requesting the bank to submit the claim to the Nodal Bank taking advantage of the one time measure. There are lots of complaints from students that the interest subsidy have not been claimed properly by branch managers. ELTF has also taken up this issue in the Parliament through our supporting MPs.
This is a great opportunity for all the banks and students to resolve the interest subsidy issue.
If the Branch Managers do not cooperate or behave indifferently, the students may give complaint to the Chairman of the concerned Bank, under copy to Indian Banks' Association.
ELTF requests you to kindly share this information with all the eligible students. We also request media to give publicity to this notification, so that poor students avail the opportunity.
Srinivasan
Convenor
Education Loan Task Force