LETTER SUBMITTER TO BRANCH

From
S.Gajendran,
S/o P.Selvam,
Nallamanarkottai (po)
Vedasandur (Tk)
Dindigul (Dt)
To
The Manager,
Canara Bank,
Kulathur Branch,
Dindigul (Dt)
Respected Madam,
Sub: Interest Subsidy for Educational Loan Reg
I got the Educational Loan for the Academic year (2008-2012), on the
Account Number (1583651014054). As per Scheme , Interest Subsidy should be
given from the year 2009-2013(Academic Year + one Year) and I also submitted
the necessary interest subsidy document, But Interest Subsidy has been given for
only one Month (Rs.4403.93).
I have attached the following Documents for your References.
1.Loan statement
2.Interest Subsidy Scheme Norms
Kindly look into this issue and do the Needful for me.

Date : 15-11-13
Place : Kulathur

Yours Faithfully,
(S.Gajendran)

EDUCATION LOAN STATEMENT

CANARA BANK
Run Date : 08-Oct-2013
DP CODE : 1583
Statement of A/c for General Advances
For the Period 22/09/2008 - 08/10/2013
_____________________________________________________________________________
Customer Id/ Name : 48859612 KAJENDDRAN S
Address
: S O SELVAM P 4 98 NALLAMANARKOTTAI
Sanction
Amount :236,000.00
: VEDASANDUR T K DINDIGUL D T
Sanction
Date
:22/09/2008
: INDIA 624005
Term
Months
: 60
Account No
: 1583651014054
Disbursed
Amount:229,000.00
Sector Name
:
Present
ROI
:13.20%
Product Code/Name : 651 EDUCATION LOAN - VIDYA SAGAR SCHEME
Account Status
: ACCOUNT OPEN REGULAR
Accrued Interest Upto Last Month-End Date:120.33
(Amounts
in Rupees)
_____________________________________________________________________________
Txn Date
Value Date
Particulars
Debit
Credit
Balance
_____________________________________________________________________________
31/10/2008
0.00

31/10/2008

03/07/2009
4184.00

03/07/2009

BY OSC 3456
54,816.00

0.00

27/07/2009
0.00

27/07/2009

TO DD KARUR
113,816.00

59000.00

04/06/2010
0.00

04/06/2010

TO DD 3RD YEAR
172,816.00

59000.00

04/07/2010
0.00

04/07/2010

TO ADJ. INT. ACCR DUE TO

177,000.00
REMITTANCE
11/05/2011
INT SUB EDU
172,596.07

4184.00

11/05/2011
4403.93
03/06/2011
0.00

03/06/2011

TO SB 8529
59,000.00

Disbursement By Demand
224,596.07
Draft

59000.00

0.00
52000.00

22/06/2013
0.00

22/06/2013

LOAN INTEREST LN.

96210.00
320,806.07
Interest Charged
22/07/2013
22/07/2013
LOAN INTEREST LN.
3560.00
0.00
324,366.07
Interest Charged
22/08/2013
22/08/2013
LOAN INTEREST LN.
3692.00
0.00
328,058.07
Interest Charged
22/08/2013
22/08/2013
LN. Penalty Interest
8.00
0.00
328,066.07
Charged Debit
22/09/2013
22/09/2013
LOAN INTEREST LN.
3678.00
0.00
331,744.07
Interest Charged
22/09/2013
22/09/2013
LN. Penalty Interest
24.00
0.00
331,768.07
Charged Debit
30/09/2013
30/09/2013
LOAN INTEREST LN.
960.00
0.00
332,728.07
Interest Arrears Cap.
30/09/2013
30/09/2013
LN. Penalty Interest
10.00
0.00
332,738.07
Charged Debit
_____________________________________________________________________________
Opening Balance : 59,000.00
341,326.00
8,587.93
Dr. Cnt :13
Cr. cnt
: 2
____________________________________________________________________________
Total Demand
:4,403.93
Total Collection
:4,403.93
Overdue as on Date
:0.00
_____________________________________________________________________________
Note : Penal interest @ maximum of 2% is charged for the delayed payment of
installment/interest
dues.
Total amount payable includes interest accrued also.
UNLESS THE CONSTITUENT BRINGS TO THE NOTICE OF THE BANK ANY DISCREPANCY
/ERRORS /OMMISSION /
UNAUTHORISED DEBITS IMMEDIATELY, THE ENTRIES IN SUCH PASS SHEET SHALL BE
DEEMED AS CORRECT
CANARA BANK
Run Date : 08-Oct-2013
DP CODE : 1583

Statement of A/c for General Advances

For the Period 22/09/2008 - 08/10/2013

INTEREST SUBSIDY SCHEME NOTIFICATION

Home >> Personal Banking >> Interest Subsidy Educational Loans

Interest Subsidy Educational Loans

Central Scheme of Interest Subsidy for Educational Loans

An initiative to help students from Economically Weaker Sections

CANARA BANK, Nodal Bank to administer subsidy to scheduled banks.

One of the major concerns of the Government of India is to ensure that nobody is denied professional education because he or she is
poor. Indian Banks' Association (IBA) has formulated a comprehensive model educational loan scheme for adoption by all Banks. In
order to support students from Economically Weaker Sections of the Society, Department of Education, Ministry of Human Resourse
Development,Governemnt of India has launched this interest subsidy scheme.
Eligibility:

1. Only for Educational Loans availed from Scheduled Banks for pursuing any of the approved courses after Class XII in Technical
and Professional streams from recognized institutes in India under the Educational Loan Scheme of IBA.

2. Students belonging to Economically Weaker Sections with annual gross parental/family income from all sources with an upper
limit of Rs.4.50 lacs.Certificate to this effect issued by authorized officers of State Government is to be submitted.

3. Full interest subsidy is available for the period of moratorium i.e Course Period plus 1 year or 6 months after getting the job,
whichever is earlier.

4. Scheme is applicable for the loan amount availed from April 01, 2009 to March31, 2010(Academic Year 2009-10)
5. For Loans sanctioned earlier to 1.04.2009, only amounts disbursed during the above period are eligible.
Eligible students have to contact our branches where they have availed/availing loans for further details.
Canara Bank
Priority Credit Section,
PC Wing, Head Office,
No.112, J.C.Road, Bangalore-560 002
Email: hopcs@canbank.co.in
Website: www.canarabank.com